[www.keralites.net] Federal Bank offers 10% interest rate on 1,000 days NRE/Resident deposits

 

Federal Bank offers 10% interest rate on 1,000 days NRE/Resident deposits

 

The bank is opening its 1000th branch on 17th August and to celebrate the landmark is offering special interest rate of 10% deposits for 1,000 days

 

Mumbai: Kerala-based private sector lender Federal Bank is offering an interest rate of 10% for resident and non-resident deposits for 1,000 days' maturity, effective till 17th August, reports PTI.

The bank is to open its 1000th branch on 17th August and to celebrate the landmark, special interest rate is on offer, it said.

 

"Senior citizens will get an additional 0.50% interest over the new rate. NRIs will get tax-free return at a high yield of 10%. This gives investors an opportunity to earn high yield over the medium term of 1,000 days that comes built with complete safety," the bank said in a statement.

Best Regards

Prakash Nair

---

www.keralites.net

__._,_.___

Reply to sender | Reply to group | Reply via web post | Start a New Topic

Messages in this topic (1)

Recent Activity:

• New Members 91

Visit Your Group

KERALITES - A moderated eGroup exclusively for Keralites...
To subscribe send a mail to Keralites-subscribe@yahoogroups.com.
Send your posts to Keralites@yahoogroups.com.
Send your suggestions to Keralites-owner@yahoogroups.com.

To unsubscribe send a mail to Keralites-unsubscribe@yahoogroups.com.

Homepage: www.keralites.net

Switch to: Text-Only, Daily Digest • Unsubscribe • Terms of Use

.

__,_._,___