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Indicative Interest Rates ON SAVINGS/CURRENT ACCOUNTS EFFECTIVE 11 SEPTEMBER 2017Savings Account1.70 × p.a.SBM Allison Account(Savings Rate minus 1.00%)Senior Citizens Savings Account(0.15% above
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Anyone who wants to stay informed about current interest rate trends and market dynamics.
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Indicative interest rates refer to the rates that financial institutions use to establish the interest rates for different types of loans and financial products.
Financial institutions and lenders are required to file indicative interest rates.
To fill out indicative interest rates, financial institutions need to report the current market rates for different types of loans and financial products.
The purpose of indicative interest rates is to provide transparency and consistency in the calculation of interest rates for loans and financial products.
Financial institutions must report the current market rates for different types of loans and financial products.
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