Banking

New Deposit Schemes and Interest Rates from Development Credit Bank

Development Credit Bank Ltd., one of India’s emerging private sector banks, has announced the deposit scheme- DCB Freedom1-2-3 fixed deposit and has also come up with some other fixed deposit rates.
As per the DCB Freedom1-2-3 fixed deposit, the scheme offers attractive and money saving policy to its customers by giving them aggressive rate of 10.50% [...]

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SBI increases Interest Rates with new deposit schemes

As per the scheme, the bank has increased the deposit rates by 1% to 10.5% for the 1000-days maturity deposit for the depositors.

On the other hand, the deposit rates for 2-3 year maturity have been increased from 9.5% to 12.50%. Under the same scheme, the senior citizen will be benefitted by getting additional 0.5% interest.

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