Place a Fixed Deposit online and get exciting gifts Free*! Hurry! Offer valid from 19 February 2011 to 23 February 2011. Don't miss out!
Gifts
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High Interest Rates
bullet Enjoy rate of interest as high as 8.50%#
bullet To view our interest rates, Click here.
Low Minimum Amount
bullet Place a Fixed Deposit withrupee10,000 only.
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click on 'Open New Fixed Deposit'.		 right
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*The minimum tenure of a Fixed Deposit placed under this offer should be 90 days in order to qualify for the gifts, a Clip Clock and a 4-in-1 Table Top Item.

However, please note that Fixed Deposits can also be booked for other tenures. Please check the applicable interest rates displayed at our branches or on our website hsbc.co.in before placing a Fixed Deposit.

* Click here for offer Terms and Conditions
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Issued by The Hongkong and Shanghai Banking Corporation Limited, India (HSBC). Incorporated in Hong Kong SAR with limited liability.
# Interest rate of 8.50% p.a. is applicable for deposits booked for 37 months.
Important Information
• Resident Deposits are subject to TDS, where applicable.
• Interest on Savings Account will be paid every Half-year (or at the time of termination of the account - if closed before the next interest payment date).
The Bank, on request from a depositor, may at its discretion allow withdrawal of a term deposit before completion of the period of the deposit agreed upon at the time of placement of the deposit. For term deposits that are prematurely encashed, penal interest @1% will be levied. The interest paid will be 1% lower than the rate prevailing on the date of placement of the deposit for the period for which the deposit remained with the bank or the contractual rate, whichever is lower. No interest will be paid on premature withdrawals or deposit which has remained with the Bank for less than the minimum period for which deposits were being accepted for the said currency and deposit type, as on the date of placement of deposit.
Method of interest rate calculation:
• Rupee Time deposits held in Domestic, Ordinary Non-Resident (NRO) and Non-Resident (External) NRE Accounts In case of cumulative deposits, interest is compounded quarterly and the basis of interest calculation is 30/365. For term deposit with tenor less than three months or where the terminal quarter is incomplete, interest is calculated proportionately for the actual number of days reckoning the year at 360 days (360 days for leap years). In case of non-cumulative deposits, interest is paid out quarterly or half - yearly as preferred by customer.
*Interest rates are subject to change from time to time. Please check the applicable interest rates and Account rules on HSBC Fixed Deposit displayed at our branches or visit our website hsbc.co.in before placing a fixed deposit.
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