Hike in interest rates by oriental bank of commerce
By Joseph Samson
Mar 5, 2014
Print    Email    RSS   

Oriental bank of commerce has hiked the interest rates on fixed deposits by 3.25%. The bank has reported that there is rise of 3.25 % on term deposits for the period of 31-45 days. Earlier the rate was 6% now it has been revised to 9.25%. The rates for tenure 46-90 days have been raised by 1% i.e. From 8.50% to 9.50%. And the rates for tenure of 91-179 days are hiked by 1%.

Recently Canara bank has also revised the rates on selected maturities. With the hike in base rates there will be a hike in rates of car loans, home loans as well. The Allahabad bank has also hiked its minimum lending rate by 0.05%.

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

 Select a product:

Financial Review: A must for every individual
How to increase one’s Home Loan Eligibility
Repaying multiple loans – Which one...
Home Loan: A way to reduce your taxable...
Carnival of Indian Personal Finance Blogs #6

what is the balance loan amount on my Loan a/c...
email;, are you...
how can applay for DSA. any age, qalification,...
How to view my home loan account statement
how to get status of home loan

Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive