Mangalore, Aug 10 (KNN)  The Corporation Bank has organised a mega SME expo at Kodialbail here today featuring various stalls on SME products, retail products, deposits, etc.

Several SME customers of the bank are also exhibiting their products at the expo that is being held from 10 am to 7 PM.

The Bank has in place relationship managers and has set up a held desk to assist visitors and answer their queries.

Further, the bank’s special monsoon offering was the launch of the Corp SME monsoon bonanza, where visitors could avail of SME credit schemes for a limited period till September 30.

Special offers include:  0.50 per cent interest rate concession on applicable interest rates; additional 0.25 per cent interest rate concession to women beneficiaries; additional 0.25 per cent to 0.50 per cent interest rate concession to rated SME customers; additional 0.50 per cent interest rate concession to accounts covered under credit guarantee scheme of CGTMSE; and 50 per cent concession on processing charge. The offers are subject to rate of interest not falling below base rate. 

Significantly, Corporation Bank will open nine more SME (small and medium enterprises) loan centres by the end of the current financial year. Currently the bank has 16 SME loan centres.   (KNN/ES)