You are here: Home » Banking News

Allahabad Bank hikes deposit rates

January 18, 2011‐ Kolkata, West Bengal, India

Allahabad Bank has announce today that it has decided to increase the interest rate ranging from 0.50% to 1.50% on various term deposit schemes with effect from January 10, 2011. It may be recalled that on January 4,2 010 few banks - IDBI, Oriental Bank of Commerce and Bank of India announced deposit rate hikes making it one of the best deposit opportunity now, particular for the senior citizens who enjoy a 0.50% extra interest on deposits. Even before them, State Bank of India and HDFC Bank has already hiked their interest rates in a bid to attract more deposits.

Bookmark and Share

Other top banking news


Search this site