Innovative Development has decided to implement new interest rate and minimum balance amount in different saving products effective from the date of 15th February, 2011. According to the policy, Bank has revised its minimum balance requirement in Premium Saving from Rs. 25,000.00 to Rs. 5,000.00 and Innovative special saving from Rs. 10,000.00 to Rs. 2,000.00. Bank has honored Senior Citizen and Pensioner, Staff and Women increasing 0.25% interest in their saving account. Similarly bank has increased interest rate on 1 year F D scheme of Rs. 500,000.00 and above to 13.50% annually.
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