State Bank of Patiala revises interest rates on term deposits

Written by Charanjit Ahuja | Chandigarh | Updated: Nov 3 2014, 11:54am hrs
The State Bank of Patiala has revised interest rates on Domestic/NRO Term Deposits below Rs.1.00 crore.

Now bank is offering 9.05% on term deposits for period 1 year to 555 days and 6.50% on term deposits for the period 91 days to 180 days. Bank has revised its interest rates on term deposits for the period 181 days to 270 days from 7.50% to 7.75% and for the period 271 days to less than 1 year from 7.50% to 8%.

A release issued here today said that senior citizens will be given additional 0.50% on term deposits of 1 year and above.