NEWS & ADVICE : FIXED DEPOSITS
Fixed deposit rates hiked by ING Vysya Bank
By Neelima Shankar
Jan 18, 2011
Print    Email    RSS   

Private sector lender, ING Vysya Bank has increased interest rates of fixed deposits by as much as 100 basis points across different maturities. The revised rates have come into effect from January 14.

Deposits having tenor of 501-729 days will now have interest rate of 8.75% as compared to 7.75% earlier. Maturities of 201-364 days have interest rate of 7.75% from 7.25% earlier.

Interest rates have been raised from 7.75% to 8.5% for maturities of 365-499 days deposits.

For tenor of 500 days , there has been a 0.5% increase in deposit rates to 9.25%.

For tenor of 730 days to less than 5 years and 5 years to less than 8 years, interest rates have been revised to 8.75% and 8.5% respectively.

 

 


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

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Plan your tax, don’t evade it
Do you know what led banks to calibrate...
For what purpose do you want to invest in...
Know all about non-bank fixed deposits
Recurring Deposits or Systematic...


Sakeela.CaℒL Giℛℒs In Kharar 0985566O911...
NANGAL: CaℒL Giℛℒ In Una 09855660911 Escoℛt...
Chandigarh@CaℒL Giℛℒ In Rajpura +O9855660911...

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