The Uttar Pradesh and Uttaranchal zone of the Union Bank of India has performed remarkably in the latest deposit scheme named "Union Double". | |
| The zone ranks first in the country, registering 60,000 new accounts opened in UP and Uttaranchal, under this scheme in the past one month. |
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| "Union Double has performed very well. Our zone has turned in more than Rs 300 crore through this scheme. The major share of investors comprises rural areas," said G S Mehta, general manager, Union Bank of India (UP and Uttaranchal). |
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| In the country as a whole, the scheme has helped the bank to mop up Rs 1,500 crore, along with approximately 150,000 new accounts.The scheme was available during July 1-31, allows doubling the investment in eight years and nine months. |
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| The bank has tied up with New India Insurance Company and will soon introduce a medi-claim policy for its customers. |
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