Karnataka - Bangalore   

Interest rates revised

BANGALORE: Central Bank of India has made an upward revision of interest rateson domestic term deposits from August 11. The revised interest rates are: for 91 days to 179 days: 7.25 per cent; 180 days to less than 270 days: 7.75 per cent; 270 days to less than 1 year: 8 per cent; one year to less than 555 days 9.5 per cent; 555 days: 9.75 per cent; 556 days to less than two years: 9.5 per cent; 2years to less than three years: 9.5 per cent; three years to less than 5 years: 9.25 per cent ; and for 5 years and above the deposits will attract 8.75 per cent. Senior citizens will get additional 0.50 per cent. — Staff Reporter

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