Financial Daily from THE HINDU group of publications
Tuesday, Mar 18, 2003

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Corpn Bank clears 550 home loans

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HYDERABAD: Corporation Bank has announced that it has sanctioned an amount of Rs 22 crore towards housing loans by clearing the applications of 550 customers on the spot at the two-day home loan fair here on Sunday.

In a press release here, the bank said its home loan product `Corp Home' had various interesting factors such as low interest rate, no hidden costs, lowest equated monthly instalment (EMI), no third-party guarantee, longer repayment period of up to 25 years and takeover of high-cost loans of other banks and financial institutions.

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