Dhanalakshmi Bank revises deposit rates

Dhanalakshmi Bank has rationalized its deposit interest rates across various maturities in recognition of existing market trends...

Written by Express News Service | Mumbai | Published:March 8, 2009 11:59 pm

Dhanalakshmi Bank has rationalized its deposit interest rates across various maturities in recognition of existing market trends and the emerging interest rate scenario in the light of the recent policy initiatives of the RBI. For deposits up to Rs 15 lakh,15-45 days will carry interest of 4.75%,46-90 days 5.50%,91-179 days 7.00%,180 days-1 year 8.00%,1-3 years 9.00% and 3 years and above 8.50%. Senior citizens are eligible for an additional interest of 0.75%.

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