The revised interest rate has been fixed at 2.41 per cent for deposits of one year and above but less than two years (2.33 per cent existing); 2.71 per cent for two years and above but less than three years (2.43 per cent); 3.06 per cent for three years and above but less than four years (2.70 per cent); 3.30 per cent for four years and above but less than five years (2.93 per cent) and 3.47 per cent for five years only (3.11 per cent).

NRE term deposits, the revised interest rate has been fixed at 3.16 per cent for one year and above but less than two years (3.08 per cent); 3.46 per cent for two years and above but less than three years (3.18per cent ) and 3.81 per cent for three years and above and upto five years (3.45 per cent).

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First Published: Jun 04 2008 | 3:54 PM IST

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