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FirstRand Bank offers savings accounts rate at 7.25%

FirstRand Bank recently opened its first retail branch in Mumbai

May 23, 2012 1:34 IST | India Infoline News Service
FirstRand Bank India, a division of FirstRand Ltd, is offering an interest rate of 7.25% per annum on savings accounts. This rate is offered for savings accounts which have minimum balance of Rs. 1 lakh.

FirstRand Bank recently opened its first retail branch in Mumbai, thereby becoming the first bank from the African continent to open a retail branch in India.

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