NEWS & ADVICE : HOME LOANS
SBI to open 24 hr locker-cum-gold loans branch in Visakhapatnam
By Joseph Samson
Nov 29, 2012
Print    Email    RSS   

India's largest lender, State Bank of India is opening 24 hour operational ‘Locker Shoppe-cum-Gold Loans' branch in Visakhapatnam having round-the-clock operations, a top official of the bank said.

Mr. Gopal Krishnan Kansal, General Manager (Andhra Circle), SBI on the sidelines said, "The proposal branch would remain open for 24 hours for locker operations and gold loans which would be sanctioned up to 8 pm everyday".

Mr. Kansal also inaugurated a new State Bank of India branch at Asilmetta, Visakhapatnam.

Talking about the bank product Mr. Kansal said the "SBI was offering protected home loans where the dependents of the borrowers need not pay outstanding installments in case of sudden demise of the borrowers"

Mr. Kansal also said that the bank has also lowered its base rate and is currently offering home loans at 10%. SBI is also offering personal accidental insurance cover of Rs 4 lakh at a premium of Rs 10 per annum for all its savings bank account-holders through SBI General Insurance.

The bank is also targeting to open 100 new branches in Visakhapatnam by the end of this financial year.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
How to go about ‘Leveraged Investing’
Effect of employment on loan eligibility...
Tax Planning for Working Women in India
Top up loans: toppings on your home loan
Tax Deduction on HRA (House Rent Allowance)


how do I get my home loan statement on line?
Best love spell caster in Africa call +27604039153...
Relationship Failure solutions , Marriage Spell...
PINJORE: CaℒL Giℛℒs In PiNjOrE 09915787550...
PINJORE: CaℒL Giℛℒ In PiNjOrE 09915787550...
how to gate my home loan certificate

NEWS THIS WEEK
Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive