Deposit rates hiked by Oriental Bank of Commerce : Rupee Times

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NEWS & ADVICE : FIXED DEPOSITS

Deposit rates hiked by Oriental Bank of Commerce

By Neelima Shankar

Mar 6, 2012

Public sector lender, Oriental Bank of Commerce has announced hike in the interest rate on fixed deposits. The hike has been made for the deposits of Rs. 15 lac and Rs. 1 crore.

The deposit rates have been hiked across various maturity periods. Across several selected maturity periods, the deposit rate has been hiked by a maximum of 3.5%.

The revised rates are applicable from 1st March.


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