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Tuesday, Jun 03, 2003

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BoB's super savings scheme

Our Bureau

COIMBATORE: Bank of Baroda which has come out with the `Super Savings Bank' (SSB) scheme for the savings bank account holders in select branches has extended this facility to the savings account holders of the Coimbatore main branch. The SSB scheme has been formally introduced to the main branch customers on Monday.

Mr Ashok Kumar, AGM, who heads BoB's Tamil Nadu region, presented the features of the new product during the launch of SSB.

The key elements of SSB will be payment of quarterly interest to deposits held under savings bank, the minimum balance being Rs10,000. The balance held over and above Rs15000 — in multiple of Rs10,000 will attract higher yield as applicable to fixed deposit.

Among the dignitaries present at the new product launch were Mr K.G.N. Pillai, noted city businessman and long-time customer of the bank, Mr K.V. Rajakumaran Nair, Deputy Regional Manager of BoB TN region and Mr K.D. Joshi Chief Manager of BoB's corporate banking branch in the city. — Our Bureau

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BoB's super savings scheme

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