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1st December 2016, 12:15 PM
Super Moderator
 
Join Date: Aug 2012
Re: Corporation Bank Festival Bonanza

As you Asking for the information About the Grand Festival Bonanza of the Corporation bank let me tell you that the offer is I Introduce January 2014.

In view of the increase in demand from the consumers on account of the
ongoing festival season the Bank has come out with a “Grand Festival
Bonanza” for Home, Vehicle and other consumer products.


The various offers under “Grand Festival Bonanza” are as follows:

a) Corp Home (Housing Loan) – Reduction of 0.50% in interest rates.

The Floating Rate of interest for all tenors and for amounts up to Rs. 50
lakh is offered at base rate i.e., 10.25% p.a. and for amount of loan above
Rs. 50 lakh is offered at 10.50% p.a. The processing charges are fully
waived for loans upto Rs. 25 lakh while 50% concession is offered on
loans above Rs. 25 lakh.

b) Corp Vehicle (Vehicle Loan) – Reduction of 1% in interest rates for
four-wheelers - for personal use.

The rate of interest for vehicle loans upto Rs. 50 lakh is offered at 10.65%
p.a. 50% of applicable processing charges are waived.

c) Corp Ghar Sansar (Loans for consumer durables up to Rs. 5 lakh) –
Reduction of 1.75% in interest rates.

The rate of interest reduced from 12.25% to 10.50% for kitchen and home
appliances, solar panels, water heaters etc.

For more information you may Contact to the Corporation bank the Contact details Are given below

Contact details

Corporate Office
Mangaladevi Temple Road
Pandeshwar
MANGALORE - 575 001
Karnataka, India
Tele: 91-824-2426416 to 420


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