Interest Rates on Fixed Deposits under 2 crore has been raised by the public sector lender Central Bank of India. According to the official website of the bank, the new rates are effective from September 10, 2022. After adjustments, the bank increased interest rates over several periods. The bank has revised its interest rates from higher to less than 5 years for fixed deposits with maturity of 60 days.
Central Bank Of India FD Rates
The bank will continue to offer an interest rate of 2.75% on fixed deposits maturing in 7 to 14 days, while the Central Bank of India will continue to offer an interest rate of 2.90% on fixed deposits maturing in 15 to 30 days. The interest rate on fixed deposits maturing in 31 to 45 days will be 3.00%, while the interest rate on fixed deposits maturing in 46 to 59 days will be 3.35%. The Central Bank of India has increased its interest rate on fixed deposits maturing in 60 – 90 days by 15 bps from 3.35% to 3.50% and the bank has increased the interest rate on fixed deposits maturing in 91 days from 15 bps to 3.85%. Extended to 4.00% – 179 days.
The bank has increased the interest rate on fixed deposits maturing in 180 – 270 days by 15 bps from 4.50% to 4.65% and the bank has increased the interest rate on fixed deposits maturing in 271-364 by 25 bps from 3.50% to 4.75%. has given. Day. Fixed deposits maturing in 1 year to less than 2 years will now attract an interest rate of 5.45% from 5.35% earlier, an increase of 10 bps and fixed deposits maturing from 2 years to less than 3 years will now attract an interest rate of 5.50 You will get interest rate. % which was earlier 5.40% an increase of 10 bps.
On fixed deposits maturing from 3 years to less than 5 years, the bank has increased the interest rate by 10 bps from 5.40% to 5.50%, but on fixed deposits maturing in 5 years and above 10 years The Central Bank of India will continue to offer an interest rate of 5.60%. Fixed deposits maturing in 555 days will continue to earn an interest rate of 5.55%.
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interest rates on deposits under 2 crore increased by 0.20 percent Bank Of Baroda (BOB) on Tuesday. According to the bank’s official website, the new interest rates came into effect on September 13, 2022. BoB is now offering interest rates for fixed deposits maturing in 7 days to 10 years ranging from 3.00% to 5.65% and 3.50% for general public. Up to 6.65% for senior citizens.
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