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Wednesday, Dec 12, 2007
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Money & Banking - Housing Finance
States - Tamil Nadu
Home loan exhibition

Tiruchi, Dec. 11

The Indian Bank, Tiruchi circle, organised a two-day home loan exhibition in the city recently. The Deputy General Manager and Circle head of the Indian Bank, Tiruchi circle, Mr R. Ravi, inaugurated the expo. Speaking on the occasion, Mr Ravi said that the rate of interest for housing loan offered by the bank was the lowest in the banking industry and the exhibition helped home loan borrowers to transfer their loan account to Indian Bank. Home loans to the tune of Rs 23.2 3 crore were sanctioned to 304 beneficiaries on the occasion and Mr Ravi handed over in- principle loan sanction letters to the beneficiaries. —

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