Central Bank to start loan campaign for MSMEs, others
Bhopal, Nov 15 (KNN) Central Bank of India will start loan campaign ‘Double Delight’ on Friday which is aimed to provide loan to Micro Small and Medium Enterprises (MSMEs)
Apart from these, loan will also be provided for home, vehicle at attractive rate of interests.
Central Bank's Executive Director BS Shekhawat said, ''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.
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.