Indusind Bank announces temporary hike in Interest rates on Domestic Term Deposits

Indusind Bank Ltd has announced 10% p.a. rate of interest for a period of 100 days on Domestic Term Deposits with effect from March 06, 2007. However, senior citizens (Age 60 years & above) will be eligible for an additional interest rate of 0.50% over and above the card rates. The Bank is also offering interest rate of 9.50% p.a. (10% p.a. for senior citizens) for deposits of 2 years and below 3 years.

The 100 days scheme is valid only for a short period till April 30, 2007.

Source : Equity Bulls

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