Syndicate Bank has revised the interest rates upwards on domestic term deposits for a tenor of 180 days to less than two years with effect from tomorrow.
The interest on deposits for one year to 399 days has been enhanced to 10.05 per cent per annum (from 9.50 per cent), for 400 days to 499 days to 10.10 per cent per annum (9.60 per cent) and for 500 days to less than two years to 10.15 per cent per annum (9.75 per cent), a bank release said.
The interest on deposits from 180 days to less than one year is also increased to 8.50 per cent per annum (6.50 per cent).
Senior citizens are eligible for one per cent additional interest with a maximum of 10.50 per cent per annum (10.25 per cent), it said.
