Jammu and Kashmir Bank Fixed Deposit Interest Rates

Jammu and Kashmir Bank acts as a specialized bank in India except acts as a universal bank in the state of Jammu and Kashmir. It was founded in 1938 but it came into its operational form in the year 1939. The bank offers fixed deposit schemes to the customers providing attractive returns on their short, mid and long term investments.

At loanbaba.com, we will share updated information about best fixed deposit rates, FD India schemes of the bank and Jammu and Kashmir Bank FD rates over all tenures for fixed deposit and term deposit. You will also come to know about popular FD rates, India by the bank for 2017 and FD interest rates that are the highest.

For regular and senior citizens, Jammu and Kashmir Bank has provided with an updated list FD India rates:

Deposit Tenure General Customers (%)
7 days to 1 Month 5
1 Month to 45 days 5.5
46 days to 3 Months 6.25
3 Months to 6 Months 6.5
6 Months to 9 Months 6.5
9 Months to less than 1 year 6.5
1 year to less than 3 years 6.75
3 years to less than 5 years 6.5
5 years to 10 years 6.5

Jammu and Kashmir Bank Short Term FD Rates:

For the short term deposits, Jammu and Kashmir Bank offers some attractive returns on the deposits. The shortest holding period of one month can avail the interest of 5% per annum whereas; it gets a 2% hike to 7% for the holding period of two to three months. Moreover, it is further increased to 8% per annum for the tenure of six months to nine months. However, the highest rate of 8.25% can be availed for the tenure of one year.

Jammu and Kashmir Bank Medium and Long Term FD Rates:

The mid-term fixed deposit for the tenure ranging from one to two years can avail the interest of 9% per annum, and it is eventually dropped to 8.75% per annum for the tenures of three and four years. Moreover, the return of 8.50% can be pegged for the tenure of five years.

Jammu and Kashmir Bank FD Rates for Senior Citizens:

Jammu and Kashmir Bank provides a special offer for the senior citizens of India. It provides an extra 0.5% interest for their deposits from the above-mentioned rates. Therefore, a senior citizen can enjoy the maximum return of 9.25% per annum for the tenure ranging between one to two years.