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Our Bureau

Mumbai, April 11

ABN AMRO Bank has hiked the interest rate on fixed deposits to 10.25 per cent from 8 per cent, effective April 9.

The revised rate will be applicable on deposits (minimum of Rs 10,000) with a tenor of 400 and 188 days. The bank has also increased the interest rate on 99-day deposits from 7.25 per cent to 9.5 per cent. The scheme is open to both existing and potential customers of the bank, said a press release.

More Stories on : Fixed Deposits | Interest Rates | Foreign Banks

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