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Term Deposits Account

Watch your money grow at a steady pace with a Term Deposit from Barclays.
  • Key facts

    Features & Benefits

    • You can open a Barclays Term Deposit with a minimum of Rs. 10,00,000.
    • Simple or cumulative interest payment – Interest can either be credited on a quarterly basis to your Savings account or be re-invested into your Term Deposit account till maturity.
    • Auto renewal# of Term Deposit on maturity

    Tax Deducted at Source (TDS)

    TDS on deposits as applicable as per the Income Tax rules except where exemption certificate is made available to the bank for each deposit at the beginning of every financial year.

    To apply now:

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    *Terms & conditions apply
    #This facility is available for Term deposits for less than Rs 2 crore only.

  • Interest Rates
    Tenor
    Rate % p.a. (Applicable for deposits less than 2 crore)
    Term Deposit Interest Rate - Applicable for Domestic & NRO w.e.f. 31.05.2021
    7 days 2.45
    8 - 14 days 2.47
    15  - 29 days 2.60
    30 - 44 days 2.80
    45 - 59 days 2.85
    60 - 89 days 2.90
    90 - 119 days 2.90
    120 - 180 days 2.89
    181 - 240 days 2.98
    241 - 270 days 3.05
    271 - 364 days 3.07
    365 days 3.14
    366 - 400 days 3.15
    401 days - Less than 16 months 3.24
    16 months to 2 years 3.48
    2 years 1 day to 3 years  3.92
    3 years 1 day to 4 years  4.21
    4 years 1 day to 5 years     4.69    
    5 years 1 day to 6 years 4.88
    6 year 1 day to 7 years  4.93
       
    Above Rs. 2 Crore deposit rates are uploaded on the website daily. 1% premature withdrawal penalty as applicable. 
    The rates are subject to change without notice. Minimum number of days for which TD should remain with the Bank so as to be eligible for interest = 7 days. 
    Senior Citizen & Staff-Special rate not applicable. Interest compounded quarterly if FD is for 181 days and above. TDS on deposits as applicable. 

    To apply now:

    Download Form
    Contact us