Monday, August 20, 2007

Gramya Bank launches Utkal Gold scheme

The Pioneer, Aug 20, 2007

Bhawanipatna: The Utkal Gramya Bank with its headquarters here, has introduced a deposit scheme, Utkal Gold. Under the scheme, a minimum of Rs 1,000 would have to be deposited for a period of above one year up to three years. The interest rate for the general category of people is 9.5 per cent per annum, while it is 10.25 per cent for senior citizens. To mark the occasion, a rath yatra was inaugurated by UGB general manager Laxmi Narayan Das and treasurer of Sikshya Vikas Parishad Krushnabatar Deo. The yatra, which started from the bank's evening branch here, will cover all other areas under the bank's jurisdiction in Kalahandi and Nuapada districts and a part of the Balangir district.

No comments: