ING Vysya Bank has announced increase in the deposit rates across various maturities. The rates are increased by a maximum of 1 percent.
According to the new deposit rates the customers will now earn an interest of 8.75 percent on the maturity of 501-729 days against 7.75. The maturity of 201-364 days will now earn 7.75 percent and the maturity of 365-499 days will earn 8.50 percent interest rate according to the revised deposit scheme.
There has been several other revivals in the interest rates across various maturities. The new deposit rates will be effective from 14th January.
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