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January 12th, 2016, 06:01 PM
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Join Date: Mar 2012
Interest Rate SB Account Syndicate Bank

I want to get information about the Syndicate Bank Savings Accounts rate of interest as well as Short Term Fixed Deposit Interest Rates. So here can you provide me information about ti?

I have knowledge about the Syndicate Bank Savings Accounts rate of interest as well as Short Term Fixed Deposit Interest Rates. So here I am telling you about it as you want.


Syndicate Bank Savings Accounts
Syndicate Savings Account
Type
Floating

Rate
4.00%

Currency
INR

Details;
The Syndicate Savings Account is designed to help the individuals to inculcate the habit of saving money and to meet their future requirement of money.

Amounts can be deposited/withdrawn from these accounts by way of cheques / withdrawal slips.

Bank claims it helps the customers to keep minimum cash at home besides earning interest.

The rate of 4.00% is 0.1% lower than the average 4.1%.
Also it is 2 % lower than the highest rate. Updated Dec, 2015


About Syndicate Bank Short Term Fixed Deposit Interest Rates;
SB offers an interest rate of 7.50% p.a. for deposit tenures ranging from 30 days to 90 days.

Tenures in the range of 91 days to 120 days are offered with an interest rate of 7.40% p.a.

8% p.a. interest rate is offered to fixed deposit account tenures ranging between 121 days to 269 days.

Tenures in the range of 270 days to 363 days are offered interest at the rate of 8.10% p.a.

Tenures of exactly 364 days are offered an interest rate of 8% p.a.

Tenures of exactly one year (365 days) are offered a rate of interest of 8.50% p.a.

Syndicate Bank Savings Accounts RATE OF INTEREST











Last edited by Neelurk; March 3rd, 2020 at 02:48 PM.
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