Key Points
The bank has hiked the interest rate for fixed deposits maturing in one year tenor to 7.00 per cent from 6 per cent for retail customers..
Following the revision, the bank offers a rate of interest in the range of 3 per cent to 7.00 per cent to general customers for deposits maturing between 7 days and 10 years..
Maturity Buckets RsFor deposits of less than Rs.2 CrMin. tenor is 1 Year and Max. 10 Years)Revised w.e.f 26.05.20237 days to 14 days3.00*15 days to 30 days331 days to 45 days346 days to 90 days4.591.
Senior citizens customers will earn interest rates ranging from 3 per cent to 7.50 per cent on tenures ranging from 7 days to 10 years..
MaturityFor Deposits of Less than Rs. 2 Cr#Revised Rates For Senior Citizens w.e.f 26.05.202307 days to 14 days3.00*15 days to 30 days331 days to 45 days346 days to 90 days4.591 days to less than 1 Year61 Year7.5Above 1 Year to less than 2 Years6.52.
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