Skip to main content

MoneyWorks4Me

Indian Bank introduces two tier interest rate structure for savings bank customers

14 Aug 2017 Evaluate

Indian Bank has introduced a two tier interest rate structure for savings bank customers, offering interest at 4% p.a. for incremental balance above Rs 50 lakh and 3.50% p.a. for balance up to Rs 50 lakh. The new interest rate will be effective from August 16, 2017. 

Indian Bank was established as a part of the Swadeshi movement. The bank provides a wide spectrum of banking products and services.

Peers
Company Name CMP
State Bank Of India 980.00
PNB 123.90
Bank Of Baroda 241.50
Canara Bank 119.75
Union Bank Of India 186.15
View more..