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Vijaya Bank revises interest rates

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Press Trust of India Bangalore

Vijaya Bank revised interest rates on domestic term deposits with effect from today.

Keeping in mind the current trends and customer expectations, some new maturity periods with attractive interest rates have been introduced, the bank said in a release.

Deposits for one year to less than two years would fetch interest rate of 9.25% per annum and two years to less than three years 9.35% per annum.

Interest rates for shorter maturity periods too have been enhanced, ranging from 0.50% to 0.25%. Senior citizens would continue to be eligible for 0.5% additional interest for all categories, it said.

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First Published: Jun 07 2011 | 3:38 PM IST

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