Financial Daily from THE HINDU group of publications
Tuesday, Feb 21, 2006
Financial Daily from THE HINDU group of publications Tuesday, Feb 21, 2006 |
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Money & Banking
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Housing Finance Canara Bank Home Loan fest Our Bureau
Mr P. Mohanan, Deputy General Manager, Canara Bank, presided over the function. Ms Mythili Krishnamoorthy, Assistant General Manager, was present on the occasion. The inaugural day saw over 150 spot sanctions being cleared, a bank spokesman said here. The rate of interest offered is 7.25 per cent for loans with a repayment period of up to five years and 7.5 per cent for those with tenure between five to 20 years. There is no legal charges or processing fees involved. Apart from a concession in valuation fees, there is a personal accident insurance for the asking. Those interested can register at the venue itself. The festival also features loan schemes for solar water heaters at two per cent interest.
More Stories on : Housing Finance | Kerala
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