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Allahabad Bank revises term deposit rates
Wednesday, 20 August 2008, 19:30 IST
Kolkata: Kolkata-based Allahabad Bank has revised its interest rates on domestic term deposits up to 
10 million from 9.75 percent to 10 percent per annum for a period of over one year and less than two years, it said Wednesday.
The rate of interest for senior citizens for the same period will be 10.5 percent.
For domestic term deposits above 10 million, the interest rate for a contractual period of one year to less than two years will be 9.75 percent per annum.
The changes in deposit rates would be applicable from Aug 21.
Source: IANS
10 million from 9.75 percent to 10 percent per annum for a period of over one year and less than two years, it said Wednesday.
The rate of interest for senior citizens for the same period will be 10.5 percent.
For domestic term deposits above 10 million, the interest rate for a contractual period of one year to less than two years will be 9.75 percent per annum.
The changes in deposit rates would be applicable from Aug 21.
Source: IANS