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Our Bureau

Mangalore, Sept. 16

Karnataka Bank Ltd has launched a new fixed deposit scheme for 365 days, with effect from September 15. A bank release said here on Saturday that the scheme offers a highly competitive simple interest rate of 8.25 per cent. The period of deposit is fixed as 365 days and interest is payable on maturity date. Nomination facility is available to the depositor under the scheme. The scheme is open for limited period only, it added.

More Stories on : Fixed Deposits | Private Banks

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