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Corporation Bank has launched two new term deposit products — ‘Corp Super Gain’ and ‘Corp Super Gain Plus’— with effect from December 4.
A bank release said here on Monday that Corp Super Gain is offered for 222 days with an interest rate of 9 per cent. Corp Super Gain Plus is offered for 444 days with an interest rate of 9.25 per cent.
For both the new schemes the minimum amount of deposit is Rs 10,000 and the maximum is Rs 5 crore. The release said that there is no penalty for premature closure.
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