Monday, January 17, 2011

New deposit scheme from Union Bank of India

Public sector lender Union Bank of India has announced the introduction of a new deposit scheme. The bank announced the new deposit scheme on Saturday will start will start accepting deposits under this scheme from today itself.

In the new deposit scheme the bank is offering an interest rate of 9.15 per cent per annum on a deposit of 1100 days.

Prior to that , the bank also introduced a deposit scheme for 700 days for in which the bank offers interest rate of 8.60 percent.

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