Indian Overseas Bank Increases Interest Rates On Deposits

Chennai-based public sector bank, Indian Overseas Bank, decided to increase the interest rates offered on medium and long-term deposits by 10 basis points. Now the interest rates offered under term deposits for 3 Years and above will be 5.70% and for 444 days will be 5.60%.

The revised rates are effective from 10.08.2022.

Leave a Reply

Your email address will not be published. Required fields are marked *