• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Pune, Aug. 17

Bank of Maharashtra has realigned its interest rates on domestic term deposits to suit the present interest rate environment. The revised interest rates are applicable from August 18. Depositors will now get interest at 10 per cent per annum on deposits for a year. The annualised yield would be 10.38 per cent. Under Mahalaxmi Term Deposit, interest at 9.50 per cent is payable on three-year deposits. The annualised yield works out to be 10.84 per cent. Senior citizens will get 10.50 per cent per annum interest on deposits for one year. The annualised yield would be 10.92 per cent. Under Mahalaxmi Term Deposit, interest at 10.00 per cent is payable to Senior Citizen on three years’ deposits. The annualised yield works out to be 11.50 per cent.

— Our Bureau

More Stories on : Interest Rates | Public Sector Banks

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line