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Kakinada, Dec. 21 The State Bank of India is organising a loan ‘mahotsav’ at all the nine local branches for three days from Friday, according to a press release.

Mr T.V.S. Ramana Rao, the assistant general manager, who inaugurated the event, said at the main branch that during the three days, housing and car loans would be sanctioned with one per cent rebate on the prevailing rates and 50 per cent cut in processing charges. Further, he said, the customers could avail themselves of free personal accident insurance and SBI Life Insurance during the period at low premiums.

Special plans such as SBI Reverse Mortgage, introduced recently, could be made use of, the release added. There would be no hidden charges.

More Stories on : Credit Market | State Bank of India | Andhra Pradesh

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