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ING Vysya Bank, one of
The new rates are particularly attractive in the market for the duration of 99 – 364 days TD at 10.00% and at 11.00%p.a on 365 days TD. Senior citizens get an additional benefit of 50 basis points on term deposits placed for any maturity above 91 days.
The revised rates of interest for different maturities are as under:
Domestic Term Deposits (below Rs. One crore) for all categories
|
Period |
Interest rates (%) per annum with effect from 08.10.08 |
|
7 days to 20 days |
5.00 |
|
21 days to 30 days |
5.50 |
|
31 days to 60 days |
6.50 |
|
61 days to 90 days |
7.50 |
|
91 days to 98 days |
9.50 |
|
99 days to 364 days |
10.00 |
|
365 days |
11.00 |
|
366 days to two years |
10.50 |
|
Above 2 years to ten years |
10.00 |
|
Period |
Interest rates (%) per annum with effect from 08.10.08 |
|
91 days to 98 days |
10.00 |
|
99 days to 364 days |
10.50 |
|
365 days |
11.50 |
|
366 days to Two years |
11.00 |
|
Above Two years Ten years |
10.50 |
The bank is confident that the rates being attractive in the market will find favour from the valued depositors.
Sourced From: Hanmer MS&L Communications Pvt. Ltd
|
|
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