Our Bureau

Kochi, Aug. 29

In view of the ensuing Onam festival, a mega Onam Expo is being organised by the State Bank of India, Zonal Office, Ernakulam at Rajiv Gandhi Indoor Stadium from August 31 to September 2.

Concessions in interest rates and processing charges will be allowed for housing loans and car loans for the public.

On the spot in principle sanction will also be given during the period to enjoy the special benefit during the period.

Interest rate starting from 8.50 per cent for housing loans and 9 per cent for car loans will be offered to the public. Moreover 50 per cent concession in processing charges and flexibility in margin will also be allowed to all. Different cars will be displayed at the show and the services of the executives of the car dealers will also be available in the show.

(This article was published in the Business Line print edition dated August 30, 2006)
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