Lord Krishna Bank revises deposit rates

Lord Krishna Bank has revised its interest rates on domestic and NRE deposits.

The interest rate on deposits of 16-45 days were revised to 6 per cent; 46-90 days 8 per cent; 91-180 days 9.25 per cent; and 181-365 days 9.5 per cent. Deposits with one-two year maturities would command an interest rate of 10 per cent. Deposits of more than Rs 15 lakh, but below Rs 50 lakh would yield an additional 0.25 per cent interest. NRE deposits of six months-one year maturities would command an interest rate of 9.5 per cent; 1-2 years 10 per cent; and two years and above 11 per cent.