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Karnataka Bank starts new scheme

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BS Reporter Chennai/ Mangalore

Under the scheme the depositor will get 10 per cent interest per annum and the senior citizen will get 10.50 per cent per annum. The minimum amount prescribed is Rs 5,000 and the maximum amount is Rs 1 crore. The scheme is for a limited period.

Further, the bank has also revised the interest for deposits of different maturities.

 

The revised rates are effective from July 12.

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First Published: Jul 14 2008 | 12:00 AM IST

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