The rates of interest on Domestic Term Deposit of Senior Citizens will be 0.50% higher on all maturities (except Rs. 1 Crore to 10 Crores) as hitherto.
These revised interest rates will be applicable to the fresh deposits and renewal of existing Term deposits.
These interest rates would also apply to term deposit accounts opened under Capital Gains Account Scheme, 1988 (operative in all branches except rural offices).
