April 02, 2012 09:44 pm | Updated 09:44 pm IST - CHENNAI:
Sundaram Finance has hiked the interest rates on deposits by 0.50 per cent for one-year deposits for both senior citizens and others with effect from April 9.
The company will now pay 10.25 per cent on 12/18 months deposits and 10 per cent on 24/36 months deposits for senior citizens and 9.75 per cent on 12/18 months deposits and 9.50 per cent on 24/36 months deposits for others.
Monthly interest payment option will be available for all terms, says a company release.
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