Tirupati: Repco Bank, a Government of India Enterprise, launched its Mega Deposit Mela at its Tirupati branch, announced Chief Manager P Swarna Deepika on Monday.

The scheme offers 8.25% interest for senior citizens and 7.75% for others, along with special deposits for women and children below 18 years.

She urged residents to utilize this opportunity. The bank reported a record net profit of Rs 140 crore for FY 2024-25 and handed over a Rs 22.90 crore dividend cheque to Union Home Minister Amit Shah in Delhi. Chairman E. Santhanam, Director C. Thangaraju, and MD O.M. Gokul attended the event.