Vijaya Bank has launched a deposit scheme, ‘V-Abhivriddhi’.
A press release said the scheme offers higher returns to depositors and is for a three-month period from January 1 to March 31.
The minimum amount of deposit is Rs 10 lakh and the maximum amount Rs 100 crore with a maturity period ranging from seven days to 180 days. The scheme does not attract any pre-closure penalty charges.