Canara Bank launches Centenary deposit scheme

Bangalore, Mar 12 (UNI) The Canara Bank today announced the launch of a new deposit scheme to mark its centenary, offering a 9.5 per cent interest rate on one year deposits.

The scheme, called the 'Canara Bank Centenary Deposit Scheme' would be effective from today. The minimum deposit would be Rs 10,000 and the offer would be for a limited period only, the Bank said in a release here.

Deposits from senior citizens would attract half a per cent more interest, the release added.

UNI