Corporation Bank has launched ‘Festival Offer-2018’ to attract borrowers availing loans under the retail sector for the forthcoming festive season.
General Manager E S Nagaraja Udupa launched the scheme at the Bank’s MG Road Branch, Mangaluru on Wednesday. The offer is valid till December 31.
Launching the promotional offer, Nagaraja Udupa said, “During the festive offer, customers can avail concession on the rate of interest. The processing fee is available for select loans under the Corp Schemes disbursed on or after August 1.”
Loans for housing, vehicle purchase, repairs, renovation and furnishing of homes and also loans for professionals, doctors and others are eligible under the offer. Processing charge is fully waived for loans under Corp Home including PMAY and Corp Vehicle scheme. However, processing charge offered on Corp Ghar Shobha, Corp Rental, Corp Vyapar, Corp Doctor Plus and Corp Professional schemes is at an offer of 50%.
Corporation Bank has an array of products and services to suit the needs of customers; in addition to the products offered under the promotional campaign, he said.
A K Vinod, Deputy General Manager, Corporation Bank was present.
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