Allahabad Bank, on Wednesday announced that it is revising interest rates on Domestic Term Deposits to 8.90 per cent from the existing 9.05 per cent.
The rate revision, which will come into effect from November 10, will be for maturities below Rs. one crore for the period of 1 year to less than 5 years, the bank said in a release.
Senior citizens, it said, will continue to get an additional interest rate of 0.50 per cent as per existing guidelines.