NEWS & ADVICE : HOME LOANS
Indian Bank offering low rates on home loan and car loan
By Joseph Samson
Nov 4, 2014
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Indian bank is offering various offers and low interest rates on home and car loans to its customers. In addition to this the bank has also waived off the processing fees. The offers are available up to 31st January, 2015.

The bank also organized a 1 day camp for home and vehicle loans. The bank will offer home loans for purchase of new home, renovation etc. On the Mela day bank has disbursed loan up to Rs 14 crore. Till 31st January the bank will offer the rate of 10.25 per cent up to Rs 2 crore on the home loans. Highlighting the benefits of the offers it was also reported that for the home loans up to the sum of Rs 75 lakh the processing fee will be completed waived and for above than this 50% fee will be waived.

The bank also stated that bank will focus more on MSME segment and will extend the finance scale and offerings for the MSME segment. Deputy General Manager of the bank said that the bank was observing November as MSME month. There would be processing fee waive.


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