After revision, the bank offers interest rate between 3.5 percent and 7.85 percent to regular citizens and 4.25 percent to 8.25 percent to senior citizens.
Many banks, including HDFC Bank, IDBI Bank IndusInd Bank, Punjab & Sindh Bank have revised FD interest rates ahead of the Reserve Bank of Indias (RBI) Monetary Policy Committee (MPC) meeting on October 4-6, 2023. Let us take a look at the six banks that have revised their FD interest rates so far in October.
IndusInd Bank has revised the interest rates on fixed deposits under Rs 2 crore and savings account interest rates. The new rates are effective from August 5, 2023, according to the bank s official website.
Many banks revised their fixed deposit interest rates. Here are the banks that have revised their fixed deposit interest rates in the month of June 2023.
IndusInd Bank has revised the interest rates on fixed deposits under Rs 2 crore. The new rates came into effect on June 2, 2023, according to the bank s official website.