Lakshmi Vilas Bank revises interest rate on NRE Term Deposit
Lakshmi Vilas Bank has revised the rate of interest for NRE deposits w.e.f 22.12.2011.
Based on the Reserve Bank's deregulation of interest rates, the interest rates on NRE term deposits have been revised as below with effect from 22.12.2011.
| Maturity Slab | Previous rate of Interest (% p.a.) | Revised Rate of Interest (% p.a.) |
| 1 year to below 2 years | 3.82 | 10.00 |
| 2 years to below 3 years | 3.51 | 8.00 |
| 3 years and above | 3.64 | 7.00 |
About Lakshmi Vilas Bank
The Lakshmi Vilas Bank has a national presence serving over 18.1 lakhn satisfied customers through its 274 branches, spread across 15 States and 1 Union Territory.
The bank has a network of about 380 ATMs; however, customers can access over 83, 000 plus ATMs across the country.
No comments:
Post a Comment