Tuesday, August 19, 2008

Corporation Bank launched 'CorpGain' special deposit scheme

Corporation Bank launched 'CorpGain' a special deposit scheme. This new scheme is for a limited period i.e., for a fixed period of 330 days. The Corporation Bank today launched a special deposit scheme for a fixed period of 330 days that will earn an interest rate of 10 per cent.

The interest rate offered is 10 per cent. Bank sources informed that the interest rate will be applicable for a minimum deposit of Rs 25,000 and less than Rs 15 lakh only. It added the senior citizens will be offered 0.5 per cent more than the normal rate.

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