Sund Fin hikes interest rates

Chennai, Oct 15 (UNI) Effective from tomorrow, Sundaram Finance announced increase in Deposit Interest Rates for one year tenure by 0.30%a nd by 0.25% for two & three-year tenure respectively for both regular and senior citizens. A company statement here today said for regular citizens, the interest rate for one-year deposits has been increased from 6.70% p.a. to 7.00% p.a. For two years, it has been increased from 7% p.a. to 7.25% p.a. and for three years it has been increased from 7.25%p.a. To 7.50%p.a. For senior citizens, the interest rate for one-year deposits has been increased from 7.20% p.a.…