Home   >>    Articles   >>    Investment Articles   >>     Read & Learn

Karur Vysya raises deposit rates

Karur Vysya Bank has hiked the interest rates by 50 basis points on term deposits maturing between 181 days to 3 years, with effect from August 11.

03 Dec 2008

Karur Vysya Bank has hiked the interest rates by 50 basis points on term deposits maturing between 181 days to 3 years, with effect from August 11. The interest on deposits for periods from 181 days but less than 1 year has been raised from 8 percent to 8.50 percent and deposits in the one to two year time period from 9.50 percent to 9.75 per cent and deposits maturing beyond 2 years and inclusive of 3 years would earn 10 per cent (9.75 per cent). It has also raised its Benchmark Prime Lending Rate (BPLR) to 15.25 per cent with immediate effect.

 



44.58 Lakh satisfied customers till Dec 2016
Get Loan Offers
Instant Home Loan Offers Instant Car Loan Offers Instant Personal Loan Offers
     
Instant Loan against Property Offers Instant Education Loan Offers Instant Credit Card Offers
Get Insurance Proposals
Instant Life Insurance Offers Instant Health Insurance Offers Instant Car Insurance Offers