![]() Financial Daily from THE HINDU group of publications Saturday, Jul 30, 2005 |
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Marketing
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Strategy Money & Banking - Consumer Finance Bank of India loan scheme for LG products Our Bureau
Mumbai , July 29 BANK of India (BOI) and LG Electronics India have signed a memorandum of understanding to finance consumer durables manufactured or marketed by LG, under the formers Star Personal Loan Scheme. A press release from the bank said, BOI will provide loan to eligible customers at concessional rates of interest to buy products such as television, washing machine, refrigerator, air-conditioner, microwave oven, computer, etc manufactured or marketed by LG. The scheme will be implemented through all branches of BOI and LG distribution network, the release added.
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