NEWS & ADVICE : FIXED DEPOSITS
New deposit scheme – Sapthami : SBT bank
By Neelima Shankar
Aug 12, 2014
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Last week the State bank of Travancore has launched a new deposit scheme for its customers. The new scheme launched is named – 700 day ‘ Sapthami’ . The interest rate charged in this scheme will be 9.15% for all the customers.

For the senior citizens the scheme will offer exclusive rate of 9.45%. The minimum amount required is Rs 10,000. Further the bank has also revised the rates on deposits made for the tenure of 1 year and above up to years, the new revised rate is 8.75%.


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