Money & Banking

Dena Bank waives off processing fee for home, car loans

Beena Parmar Mumbai | Updated on March 12, 2018

After most public sector banks, now Dena Bank has waived off the entire processing fee for housing and car loans.

It has also waived off half of the processing fee for personal and gold loans. The offer is valid up to December 31, the bank said in a statement.

The public sector lender has also extended 50 per cent concession in processing fee for its Dena Trade Finance Scheme under which credit facilities up to Rs 2 crore are extended within the eligibility criteria of the scheme.

In addition, a scheme for doctors with credit facilities up to Rs 2 crore is extended for setting up clinic and purchasing medical equipment.

With effect from September 4, 2012, the rate of interest on housing loans range between 10.45-11 per cent, car loans from 11-12 per cent, education loans at 12 per cent and personal loans from 13-14 per cent.

>Beena.parmar@thehindu.co.in

Published on December 04, 2012

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