This has come into effect from July 3, a press release issued here today stated.     

The bank is also offering an interest rate of 8.75 per cent on 200 days deposit.     

The bank's head Consumer Banking, Sumant Kathpalia, said that "we are pleased to announce our new attractive rate of 10 per cent per annum on 400 days deposit. Once again, we are offering the best rates in the industry with an intention of giving improved returns to our depositors against rising inflation".

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First Published: Jul 04 2008 | 3:52 PM IST

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