State Bank of Travancore (SBT) has launched ‘Anupama,’ a new deposit product as a Vishu-Easter festival offer to its customers.
The deposit carries an interest rate of 9.25 per cent for 1,111 days with an annualised return of 10.52 per cent.
Senior citizens will get 9.55 per cent with 10.9 per cent as annualised return. Domestic, corporate and NRI customers are eligible to benefit from this scheme.
The minimum deposit amount will be Rs 10,000 or in multiples of Rs 1,000 thereafter. Demand loan and overdraft facilities are available on this deposit. It is available through all branches of SBT.