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Wednesday, Dec 22, 2004

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BoI loan scheme to buy units with Intel architecture

Our Bureau

Mumbai , Dec-21

BANK of India and Intel Technology India Pvt Ltd have tied up to provide financing for individuals who want to buy personal computers and lap top range of products based on `Intel architecture'.

They have signed a memorandum of understanding whereby the scheme will be financed under BoI's `Start Personal Loan Scheme', said a press release.

Intel will promote the scheme to original equipment manufacturers and genuine Intel dealers, through all branches of BoI and `Intel' network, the release said.BoI will give eligible customers concessional rates of interest with no processing charges.

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