Interest Rates

Interest Rate w.e.f. 09/10/2024
Period CD Rate of Interest in % per annum on 365 days basis Annual Percent Yield (not considering rollover of deposit)
30 days 3.75 3.75
90 days 3.75 3.75
180 days 3.75 3.75
270 days 3.75 3.75
365 days (1 Year) 5.00 5.00

(DEPOSITS ARE FDIC INSURED UPTO USD 250,000)

  • In general the annual percentage yield (APY) for account disclosure is annualised rate that reflects the relationship between the amount of interest that would be earned by the customer for term of the account and amount of principal used to calculate that interest.
  • Please refer to our disclosure for certificate of deposits (CD) for details of terms and conditions concerning cd account. For more information contact mr jayesh amin (646-720-0414).
  • The above rates are subject to change without any prior notice.

Corporate Certificate Of Deposits
Rate sheet effective from 09/10/2024

Period CD ROI% per annum on 365 Days Basis (Existing) w.e.f 08/06/2024 CD ROI% per annum on 365 Days Basis (Proposed) w.e.f 09/10/2024 Annual Percent Yield (not considering roll over of deposit )
30 days 0.25 0.25 0.25
90 days 0.75 0.75 0.75
180 days 1.50 1.50 1.50
270 days 1.50 1.50 1.50
365 days (1 year ) 2.50 2.50 2.50
 
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