Best Finance Limited and Shangrila Development Bank update interest rates on fixed deposits

Tue, Sep 8, 2020 11:12 AM on Latest, Interest Rates,

Best Finance Limited and Shangrila Development Bank have updated interest rates effective from today, i.e. 23rd Bhadra.

Best Finance now provides interest in the range of 7% to 8.75% to individuals for fixed deposits. It previously provided in the range of 8% to 8.75%. Meanwhile, institutions will get an interest in the range of 6.5% to 8.25% for fixed deposits while they previously got in the range of 7% to 8.25%.

It has no change in the interest rates profile for savings.

Shangrila Development Bank now gives interest in the range of 7.5% to 8.5% to individuals for fixed deposits. It previously provided a common 8%. Meanwhile, institutions will get an interest in the range of 6% to 7% for fixed deposits while they previously got a common 6.75%.

Click here for Interest rate Notice of Best Finance

Click here for Interest rate Notice of Shangrila Development Bank