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Aug 27, 2006

Rate of Interest on Deposits

State Bank of Mysore has revised interest on Deposits w.e.f 28.08.2006
  1. 7 days to 14 days 4.25%
  2. 15 days to 45 days 4.50%
  3. 46 days to 90 days 5.00%
  4. 91 days to 179 days 5.25%
  5. 180 days to less than 1 year 6.25%
  6. 1 year to less than 2 years 7.00%
  7. 2 years to less than 3 years 7.00%
  8. 3 years to less than 5 years 7.25%
  9. 5 years and above 8.00%

Senior Citizens are offered 0.75% over the above rates