Vijaya Bank launches long-term deposit
| The scheme, which comes into effect from July 1, 2006, offers a higher return to the depositors who are willing to invest their funds for a minimum period of five years, the bank said in a release. |
| Opting for the scheme, a depositor is entitled for an additional interest of 0.50 per cent a year, over the base rate applicable on term deposits of five years and above. |