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 Money & Banking - Fixed Deposits
Corporation Bank deposit scheme

Mangalore, July 7

Corporation Bank has launched a term deposit scheme — New CorpGain — for a fixed period of 400 days, with an interest rate of 9.60 per cent a year. A bank release said here on Monday that this interest rate is applicable for a minimum deposit of Rs 25,000 and less than Rs 15 lakh. The offer is for a limited period with effect from July 8, it added. —

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