
announced the revision of interest rates for fixed deposit interest rates for amounts below Rs 2 crore. This special interest rate offer will run from September 1–7, 2022, according to a press release issued by the bank.
Under the offer, regular customers can receive up to 7.32% interest per year on 888-day fixed deposits. The interest rates for seniors have been raised under this offer to 7.82% and 7.47% for its NRE customers, per the press release.
Under this special offer, there are two ways to receive interest payments: monthly and quarterly. In addition, the customer will fetch higher interest rates for terms above one year to up to three years.
NRE FD interest rates
Under the offer, regular customers can receive up to 7.32% interest per year on 888-day fixed deposits. The interest rates for seniors have been raised under this offer to 7.82% and 7.47% for its NRE customers, per the press release.
Under this special offer, there are two ways to receive interest payments: monthly and quarterly. In addition, the customer will fetch higher interest rates for terms above one year to up to three years.
NRE FD interest rates
Experience Your Economic Times Newspaper, The Digital Way!
Read More News on
(Your legal guide on estate planning, inheritance, will and more.)
Download The Economic Times News App to get Daily Market Updates & Live Business News.