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New Loan Schemes From Banks to Attract Customers in festival season

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To surge the retail loans demand in festival season of 2012 banks starts with floating loan schemes, Combo loans ( car loans for home loan customers).

The latest to launch a festival offer is Punjab National Bank (PNB), which has Cuts the processing fees and reduced interest rates on retail loans. PNB’s scheme offers home loans up to Rs 75 lakh at 10.5%.

On other hand, Corporation Bank  ‘Grand Festival Bonanza’ scheme,  offers home loans

  • Loans up to Rs 50 lakh at 10.5%
  • Loans up to Rs 1 crore at 10.75%.

HDFC Home Loan Offers

  • up to Rs 30 lakh at 10.5%,
  • loans between Rs 30 lakh and Rs 75 lakh at 10.75%
  • loans above Rs 75 lakh at 11%.

 

 

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