Saturday, July 3, 2010

Special Domestic Term Deposit Rate Offered by Dhanlaxmi Bank

Presently when interest rates on term deposit are not high, Dhanlakshim Bank has come out with an interesting rate of 7.75%p.a. for 400 day (upto Rs 50 Lacs). This is a highest interest rate offered by any bank for such low deposit duration.


Highest Rates offered by Banks: Domestic Term Deposits (Investment below Rs 15 Lacs)

Bank                                        Interest Rate(p.a.)            Investment Duration
State Bank of India                      7.50 %                              8 to 10 years
Bank of Baroda                            7.00 %                              2 Years & Above
State Bank of Travancore              7.75 %                              8 to 10 years
ICICI BANK                                  7.75 %                             5-10 Years
HDFC BANK                                  7.50 %                             3 Years & Above
Karnataka Bank                            7.50 %                             3 Years & Above
Federal Bank                                7.75 %                             5-10 Years

Special Offers:
State Bank of Travancore              7.50 %                             400 days
Dhanlaxmi Bank                            7.75 %                             400 days

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