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Industry & Economy - Education


REPCO Bank loan scheme for schools

Our Bureau

CHENNAI: REPCO Bank on Tuesday announced a loan scheme at a concessional interest rate for schools that wished to replace their thatched roofs with tiled/asbestos/concrete ones.

The upper limit of a loan under the scheme is Rs 5 lakh, and the loan would have to be secured with school property. The bank announced that borrowers could repay in "convenient instalments in long term."

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