Escorts Fin Pares Interest Rates

According to the company, the interest rate applicable for one year tenure will be reduced by 1.5 per cent to 15.50 per cent on the cumulative deposit scheme and 14.5 per cent on the quarterly income scheme. While the one year tenure, monthly income scheme has been discontinued, under the 24+1 day monthly income scheme, the interest rate applicable will be 15 per cent. For 36, 48 and 60 months deposits, the rate will be 15.5 per cent.

Similarly, the interest on cumulative deposits will be pegged at one per cent lower resulting in an annual yield of 23.84 per cent.