According to the press release from the Bank of Rajasthan interest rates on term deposits of some maturities has been increased with immediate effect.
Earlier the bank was giving 5.75 per cent on deposits of 91-120 days and 6.5 per cent on deposits of 121-179 days. Now the interest on term deposits of 91-179 days is at 7 per cent.
Earlier the bank was offering rate on deposits of 1-3 years at 9 per cent. Now the bank has increased the rate on deposits of 15-18 months to 9.25 per cent. The press release said senior citizens will be given an additional interest of 0.5 per cent.
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