01-01-1970 12:00 AM | Source: PR Agency
Federal Bank offers special rates for NR Term Deposits
News By Tags | #413 #160 #612

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Federal Bank introduces special rates for its NRE Term Deposit. These special rates are available between 28th July 2022 and 4th August 2022. The rates are applicable for NR term deposits opened for a period of 15 months. The new rates offered are 80 bps above the existing rates.

Below given is the Bank’s special offer:

It is an exciting opportunity for non- residents to invest their funds as the interest earned is exempt from Income Tax and loan can be availed up to 90% of the deposit amount.

 

Above views are of the author and not of the website kindly read disclaimer