Page 2 - Term Deposit News Today

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State Bank of India (SBI) customers can enjoy the higher FD interest rate as the bank has yet again extended the last date of its Amrit Kalash special fixed deposit scheme for retail customers.

In a pre-Christmas move, our largest bank trims some key mortgage rates, and some not-so-key term deposit offers. Given where wholesale rates have been trending, this may be the start of a move down across the board

State Bank of India offers interest rates between 3% and 7% (except Amrit kalash) for general citizens for amounts below Rs 2 crore and for senior citizens, interest rates offered are between 3.50% and 7.50%.

SBI Wecare Senior Citizen FD Scheme is available on fresh deposit and renewal of maturing deposits.

His Excellency Mattar Al Tayer, Chairman of the Board, and the Board of Directors of Salik Company PJSC (“Salik” or the “Company”), Dubai’s exclusive toll gate operator, have approved the Company’s condensed financial results for the nine-month and three-

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Indian Bank, a public sector bank, has extended the special fixed deposit offering higher interest rate dubbed “Ind Super 400” and “Ind Supreme 300 days”, according to the bank website.

Most top public and private lenders have been offering interest rates in the range of 7-8 percent per annum. Senior citizens are entitled to receive an extra 50 basis points over and above of the prevailing interest rate

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