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Lakshmi Vilas Bank is planning to offer a special rate of 9 per cent on 900 days term deposit. The offer is expected to be effected from April 27.
The rate is 0.20 per cent higher than those with a tenure of 901 days and above up to 3 years.
Long term deposits of 5 years and above would fetch a lower rate at 8.75 per cent compared to the rate offered for 901 to 3 year time bucket at 8.80 per cent.
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