Friday, April 2, 2010

3.5% Interest on day to day basis on SB Account from 01-04-2010

Millions of saving Bank account holders will get more interest now as the Reserve Bank of India has asked banks including Postal Savings Bank to pay 3.5 percent interest on a day-to-day basis from 01-04-2010 (Thursday )instead of taking the lowest deposit during the month (10th to last day of month) for computation.

/BLOGMASTER

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