NEWS & ADVICE : FIXED DEPOSITS
Repco Bank to continue offering special deposit scheme
By Neelima Shankar
Jan 25, 2012
Print    Email    RSS   

Repco Bank has announced that it will continue to offer the special fixed deposit scheme that it extends to the senior citizens. The bank is a Government of India enterprise. Bank took the decision considering the huge demand from the customers.

Under this scheme, the bank offers an interest rate of 11.00% to the senior citizens. A customer needs to invest a minimum of Rs. 1 lac under the scheme for tenure of 24 months.

Apart from the lucrative interest rate, another attractive feature of the scheme is that the monthly interest is paid at the doorstep of the customer.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Carnival of Indian Personal Finance Blogs...
Do you know what led banks to calibrate...
Fixed Deposits: Safest instrument to invest
Children’s Saving Account- teaching...
Gold ETFs or Gold Funds: Which One Should...


MEXING: CaℒL Giℛℒ In Hoshiarpur 09855660911...
Sakeela.CaℒL Giℛℒs In Kharar 0985566O911...
NANGAL: CaℒL Giℛℒ In Una 09855660911 Escoℛt...

NEWS THIS WEEK
Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive