October 17, 2021 | Investopaper
Prabhu Bank has introduced a new interest rate on its deposit and loan products. The new interest rate is effective from October 18, 2021 [Karthik 1, 2078 BS].
The bank will provide up to 5 percent interest on the savings deposits. Likewise, the maximum interest rate on the fixed deposit is 8.25 percent.
Similarly, the loans will be floated with a premium of up to 7 percent on the base rate.
See the interest rate offered by Prabhu Bank on various deposits and loans below: