South Indian Bank News - Jan 2021
- 2020-02-21 : South Indian Bank revised FD rates
With effect from 21 February 2020, South Indian Bank revised its FD rates. The fixed deposit rate for 7 to 45 days is 4%, for 46 to 90 days it is 5.50% and it is 5.70% for 91 days. Fixed deposit rates for 92 to 180 days is 5.75%, for 181 days to less than 1 year is 6% and one year to less than 2 years is 6.40%. Further, the FD rate for two years is 6.55% and above two years to up to and including ten years is 6.40%. - 2019-11-26 : Revised Fixed Deposit rates by South Indian Bank
South Indian Bank revised its FD rates with effect from November 22, 2019. The new rate for 7-45 days is 4.00%; for 46-90 days, the rate is 5.50%; the rate for 91 days is 5.90%; it is 6.00% for 92-180 days, and for 181 days to 11 months 29 days the rate is 6.35%. For large tenure of 1-2 years, the rate is 6.60%; the rate for two years is 6.90%, and for 2-10 years the new rate is 6.60%. - 2019-11-07 : South Indian Bank revises deposits rates for November
South Indian Bank revised interest rates on fixed deposits. The new rates for 7-45 days are 4.00%, for 46-90 days the rate is 6.00%, the rate for 91 days is 6.10% for 92-180 days the rate is 6.50%, and for 181 days to less than a year, the rate is 6.35%. For a long period of 1 year to less than two years, the rate is 6.80%, the rate for two years is 7.05%, and for 2-10 years it is 6.80%. The rates have been in effect from November 1, 2019. - 2019-10-25 : South Indian Bank revised Fixed Deposits rates
South Indian Bank revised its interest rates on fixed deposits from October 19, 2019. The rate for 7-45 days is 4.00%; for 46-90 days, the rate is 6.00%, for 91 days the rate is 6.30%, it is 6.50% for 92-180 days, and for 181 to 364 days the rate is 6.35%. The interest rates for 1-2 years is 7.00%, for two years it is 7.15%, and for 2-10 years the rate is 7.00%. - 2019-10-03 : Revised FD rates for South Indian Bank
With effect from October 1, 2019, South Indian Bank has revised its rate on fixed deposits. The revised FD rate for a period of 7-45 days is 4.00%, for 46-90 days the rate is 6.00%, the interest rate for 91 days is 6.35%, the rate for 92-180 days is 6.50%, for 181 days to less than 1 year the revised interest rate is 6.35% and for 1 year the rate of interest is 6.90%. For longer tenures of more than one year to less than two years the rate is 7.05%, for two years it is 7.15%, and for two to ten years it is 7.00%.
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