Central Bank of India would start loan campaign ‘Double Delight’ on Friday which is aimed to provide loan to customers for home loan, vehicle loan and loans to small businesses MSME loan at attractive rate of interest.
The Executive Director BS Shekhawat inaugurated the campaign at the town hall meeting with the bank staff at Bhopal on Wednesday.
On the occasion he said that central bank of India has brought double happiness as processing fee has been waived off on home loan, personal loan and car loan while discount of 25 percent on processing fee on cent shop, cent rail and cent mortgage.
Along with this home loan, vehicle loan and MSME loans are provided on rates linked with repo rate of RBI. At present loan rates are very competitive and home loans rates are provided at 8 percent by central bank of India which is lowest in the banking industry.
He appealed to all branch managers to provide maximum number of loans, repo rate linked rate of interest and low rate of interest so that people could be benefitted at larger level.