Can I read SBM Bank India Savings Interest Rates Update on EtoBox?
SBM Bank India Savings Interest Rates Update by vishal3152 is a document available to read on EtoBox.
What is SBM Bank India Savings Interest Rates Update about?
The document announces changes to interest rates on savings deposits effective October 1, 2019. Interest rates on savings deposits including NRE/NRO accounts will be 5% for daily balances up to Rs. 1 lakh, 6% for balances above Rs. 1 lakh up to Rs. 10 lakh, 6.75% for balances above Rs. 10 lakh up to Rs. 3 crore, and 6.75% for balances above Rs. 3 crore up to Rs. 5 crore. Interest will be paid quarterly.
- Author
- vishal3152
- Language
- EN