Vijaya Bank has raised Rs 450 crore of Tier II Bonds at a coupon rate of 8.64% per annum on January 22, 2016. The bank had earlier decided to raise Basel III Compliant Tier-II Bonds amounting to Rs 500 crore by way of Private Placement.
Vijaya Bank offers various products and services specific to various segments such as it has saving accounts for children, scheme for women clientele, credit facilities to minority communities like Zoroastrians, Buddhists are among others.