REPCO BANK SCHEME FOR SENIOR CITIZENS
To mark its 42nd anniversary, Repco Bank has introduced a monthly payment
deposit scheme. Senior citizens above 60 years are eligible to deposit their
savings in this scheme for an interest of 11 per cent. The interest is payable
monthly. The period of deposit is 24 months. The bank will pay the monthly
interest up to Rs 1,000 to senior citizens at their door-step in cash. Repco
Bank was started in 1969 by the Government of India with the main objective of
rehabilitating repatriates from Burma and Sri Lanka. The bank operates across
the southern States and Puducherry. – www.thehindubusinessline.com
Earn upto Rs. 9,000 pm checking Emails. Join now!
To mark its 42nd anniversary, Repco Bank has introduced a monthly payment
deposit scheme. Senior citizens above 60 years are eligible to deposit their
savings in this scheme for an interest of 11 per cent. The interest is payable
monthly. The period of deposit is 24 months. The bank will pay the monthly
interest up to Rs 1,000 to senior citizens at their door-step in cash. Repco
Bank was started in 1969 by the Government of India with the main objective of
rehabilitating repatriates from Burma and Sri Lanka. The bank operates across
the southern States and Puducherry. – www.thehindubusinessline.com
Earn upto Rs. 9,000 pm checking Emails. Join now!
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