Kotak Mahindra Bank Cuts Interest Rates By 50 Bps on Saving Account For These Balances
From April 01, 2016, the payment of interest on Savings Bank Account is on a quarterly basis. Thus, the Savings Bank interest calculated on daily product basis will be paid at quarterly intervals on 30th June, 30th September, 31st December & 31st March each year.
From April 01, 2016, the payment of interest on Savings Bank Account is on a quarterly basis. Thus, the Savings Bank interest calculated on daily product basis will be paid at quarterly intervals on 30th June, 30th September, 31st December & 31st March each year.
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Subhashree
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