Sundaram Finance Revises Deposit Rates
Money & Banking
Sundaram Finance has revised the interest rates on fresh deposits/renewals to 6.75 per cent (from 7 per cent) per annum for 12 and 18 months and to 7 per cent (7.25 per cent) for 24 and 36 months. The revised rates are with effect from May 1 2020.
The interest rate for senior citizens has been revised to 7 per cent (7.5 per cent) per annum for 12 and 18 months and to 7.25 per cent (7.75 per cent) a year for 24 and 36 months. With renewals above 80 per cent consistently, the company’s deposit base has crossed ₹3,650 crore, said a company statement.
Published on
April 27, 2020
Sundaram Finance has revised the interest rates on fresh deposits/renewals to 6.75 per cent (from 7 per cent) per annum for 12 and 18 months and to 7 per cent (7.25 per cent) for 24 and 36 months. The revised rates are with effect from May 1 2020.
The interest rate for senior citizens has been revised to 7 per cent (7.5 per cent) per annum for 12 and 18 months and to 7.25 per cent (7.75 per cent) a year for 24 and 36 months. With renewals above 80 per cent consistently, the company’s deposit base has crossed ₹3,650 crore, said a company statement.
Published on
USAA And The Valero Texas Open Join Forces To Honor Military Heroes
Service Members and Veterans to Receive Exclusive Benefits and Complimentary Access Read more
USAA Stands Strong Amid Wildfire Losses, With More Than $1 Billion In Member Payments
Feb 05 2025 SAN ANTONIO, TX – February 5, 2025 – USAA, a leading financial services p... Read more
USAA Bank Board Appoints Michael Moran As Bank President
Jan 30 2025 San Antonio, TX – January 30, 2025 – Today, USAA Bank Board of Directors a... Read more
USAA Announces Juan C. Andrade As President And Chief Executive Officer
Global, Industry Leader and Public Servant Committed to Serving USAA, the Military Community and Their Families Read more
USAA Extends Sponsorship Of The Army-Navy Game Through 2030
Ahead of the 125th matchup of Army and Navy, USAA Continues Commitment to Academies Read more
Military Community Shows Financial Resilience, Growing Savings By 19% And Cutting Credit Card Balances By 23% Over Last Five Years, New USAA Bank Data Shows
USAA’s Military Financial Wellbeing Index highlights the impact of pandemic-era trends and inflation on service member... Read more