Oriental Bank of Commerce revises interest rates on term deposits

With effect from 28 March 2016

Oriental Bank of Commerce has revised the interest rates on term deposits across various maturities with effect from 28 March 2016. For maturity periods -31 days to 45 days; 46 days to 90 days; 91 days to 179 days; 1 year to less than 2 years; 2 years to less than 3 years; 3 years to less than 5 years; and 5 years to 10 years interest rates have been reduced to 5.50%; 6.00%; 6.25%; 7.50%; 7.25%; 7.25% and 7.25% respectively.

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