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Indian Overseas Bank revises interest rates on domestic, foreign currency

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Public sector Indian Overseas Bank has revised the on its domestic, foreign currency non-resident (banking) term deposits with immediate effect, the city-based lender said on Saturday.


Depositors of domestic, non-resident external would receive up to 7.30 per cent by opening a term deposit with a tenure of 444 days and up to 7.25 per cent for a period of three years and above, Indian Overseas Bank said in a statement here.


Foreign currency depositors shall be paid an interest rate up to 4.25 per cent by opening FCNR (B) term deposits with the bank, it said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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