Revision in interest rates by State Bank of Bikaner & Jaipur

JAIPUR: State Bank of Bikaner & Jaipur (SBBJ), the Associate Bank of State Bank of India(SBI) has decided to revise the rates payable on domestic term deposit below Rs 1 crore, i.e., effective from July 16, 2012.

The bank has revised the rate of interest to 9.25% per annum for the duration ranging from 1 year to less than 3 years. From 3 year to 5 year, the SBBJ will have the same rate of interest as revised for the duration of 1 year to less than 3 years. For tenure varies from more than 5 years and up to 10 years, the SBBJ has reconfirmed the rate of interest to 9.30% per annum.

SBBJ is one of the most trustworthy banks in India that provides continuous solutions concerned with the banking needs of the customers through the extremely motivated, specialized and competent human resources.