NEWS & ADVICE : FIXED DEPOSITS
FD rates raised by North Malabar Gramin Bank
By Neelima Shankar
Feb 15, 2011
Print    Email    RSS   

North Malabar Gramin Bank (NMGB) has announced a rise in interest rates of fixed deposits with effect from February 11, 2011.

The interest rate on deposits of tenor in the range of 31 days to 45 days has been revised to 5%. Deposits having tenor os 91 days to 179 days will fetch the depositor an interest of 7.5%.

The 180 days to less than 1 year deposits will now have interest of 8%. Interest on 1 year to less than 3 years deposits is 9.5%.

Deposits of tenor 3 years to less than 5 years will fetch the depositor interest of 9.25%.

Senior citizens have been offered interest of 1% more than normal rates.


 


(Comments Posted : 1) Post Your Comments
1. I would liketo know the rate ofinterest your bank is offering for Sr.citizens for one year FD under cumulative scheme.ider
KL Venkatraman (Posted: Apr 23, 2011)
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Recurring deposit facility by IDBI Bank
The new avatar of savings account would...
Manage your FD in a better way
Financial ratios as an aid to financial...
How to Invest to Save?


astrologer love{+91-8769001888} vashikaran ALL (PROBLAM
.08968995331----CALL RUSHABH--08968995331 INDIA,S...
UK USA INDIA @ ((( +919829834500 ))) bLaCk...
995371__safi__0545 /escorte service in delhi
FEMÄLE ÉSCÖℝT _995371__nitu__0545 SERVIÇES...
model escort in chandigarh call girl in chandigarh...

NEWS THIS WEEK
Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive