Sundaram Finance Limited has revised interest rates on fixed deposits for the general public and senior citizens with a tenure of one to three years from Friday.
The rate has been increased from 0.50% to 6% for general public on 12-month deposits, from 0.40% to 6.30% for 24 months and from 0.60% to 6.65% for 36 months, the company said in a statement.
Senior citizens will get an additional interest of 0.50% for one, two and three years respectively.