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Bank of Maharashtra hikes rates on domestic term deposits

Bank of Maharashtra hikes interest rates on domestic term deposits of days between 181 days and three years. It will be applicable from July 28.

24 Jul 2008

Bank of Maharashtra hikes interest rates on domestic term deposits of days between 181 days and three years. It will be applicable from July 28.

The domestic depositors will get interest at 8.00 per cent per annum on deposits for 181 days to less than one year.

And 9.50 per cent per cent on deposits for one year to three years.  

For senior citizens it is 9.00 per cent and 10.00 per cent per annum respectively.



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