Bank of Rajasthan (BoR), a technology driven private sector bank, has announced revision in interest rates on fixed deposits across different tenure with effect from Jan. 5, 2009.
The revised rates are one of the best interest rates the BoR is providing as compared to other banks in current market scenario.
Interest rate for the period of 1 year to less than 15 months has been revised from 10.10 % to 9.60%. Interest rate for the period of 15 months has been revised from 10.35% to 10%.
Interest rate for the period above 15 months to 2 year has been revised from 10.10 % to 9.60%.
Interest rate for the period above 2 years to 3 years has been revised from 9.50 % to 9% and interest rate for the period above 3 years has been revised from 9.25 % to 8.75 %.
Interest rate for senior citizens for all maturity period will be 0.50% over the normal rate.
Shares of the bank gained Rs 1.1, or 2.65%, to end at Rs 42.60. The total volume of shares traded was 86,439.00 at the BSE(Friday).
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Source: myiris
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