NEWS & ADVICE : FIXED DEPOSITS
Deposit rates raised by Repco Bank
By Neelima Shankar
Feb 15, 2011
Print    Email    RSS   

Repco Bank, a government bank under ministry of home affairs has announced hike in interest rates of fixed deposits across selected maturities.

The revised rates have come into effect from February 7, 2011.

According to Mr. J. Gireesh Kumar, Chief Manager of the Thiruvananthapuram branch of Repco Bank, the interest rate has been raised for 15 month deposit to 10.5% for general citizens and 11% for senior citizens.

Also interest rate has been hiked for the 181 days to 364 days deposit which will now fetch the depositor an interest of 10.10%, said Kumar.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Calculate your tax
Fixed deposits in India: Benefits,...
Plan your tax, don’t evade it
Haven’t filed a return of your income?...
Investment options to Save Tax under...


what is the bank interest rate for fixed deposit
as sr citizen i deposit 40lacs i want to know how...
Escorts in panchkula......9872814230???
I was deposit Rs,200000,00 by Mis self sbi saving...

NEWS THIS WEEK
EPFO to maintain the rate at 8.75% Aug 29, 2014
New banking apps rolled out by Deutsche bank Aug 26, 2014
Report on counterfeit notes Aug 25, 2014
New Branch of HDFC bank in unprivileged part of Maharashtra Aug 21, 2014
IOB bank hiring for various post Aug 20, 2014
News Archive