| Illustration of interest paid in case pre-termination prior to original maturity date, but after the minimum tenure of a deposit: | |||
|---|---|---|---|
| - | Original Deposit | - | - |
| Original Principal Amount | Rs 100,000 | - | - |
| Original booking date | June 1 2011 | - | - |
| Original maturity date | May 31 2013 | - | - |
| Original tenure (days) | 730 | - | - |
| Original interest rate | 9% | - | - |
| Maturity Amount | 118, 000 | - | - |
| - | - | Deposit Pre-Maturely Withdrawn | Deposit Remaining |
| Amount withdrawn pre-maturely | - | Rs 60,000 | - |
| Amount remaining | - | - | Rs 40,000 |
| Original booking date | - | June 1 2011 | June 1 2011 |
| Pre-mature withdrawal date | - | May 31 2012 | - |
| Maturity date of deposit remaining | - | - | May 31 2013 |
| Pre-mature withdrawal tenure (days) | - | 365 | - |
| Remaining deposit tenure (days) | - | - | 730 |
| Application interest rate on date of withdrawal | - | 8% | - |
| Pre-Payment Penalty | - | 1% | - |
| Applicable interest rate on remaining deposit | - | - | 8% |
| Effective interest rate | - | 7% | 8% |
| Revised Amount (Paid out or Balance) | - | Rs 64, 200 | Rs 46, 656 |
The maturity amounts shown in the illustration above may be different based on Taxes Deducted at Secure (TDS), if applicable