Private sector lender Nainital has raised interest rates on fixed deposits under 2 Cr. According to the bank’s official website, the new interest rate is effective as of September 3, 2022. After the amendment, the bank increased interest rates on fixed deposits with a term of 1 year or more. up but also less than or equal to 18 months. as added new term named Naini Utkrisht Term Deposit Scheme – 605 days.