#1
18th November 2015, 06:23 PM
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Indian Overseas Bank Loan Interest Rates
Can you provide me the Retail Credit Schemes Interest Rate for Housing Loans (for purchase /construction /repair /renovation /GEN Next, Pre approval) of Indian Overseas Bank?
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#2
19th November 2015, 01:05 PM
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Re: Indian Overseas Bank Loan Interest Rates
Indian Overseas Bank is a major bank based in Chennai (Madras), with about 3350 domestic branches, 3 extension counters and six branches overseas. Indian Overseas Bank Loan Interest Rates Retail Credit Schemes Interest Rate with effect from 20.07.2015 Housing Loans (for purchase /construction /repair/renovation/GEN Next, Pre approval) of Indian Overseas Bank is as follows: Interest Rate % p.a. – Irrespective of Tenor Loan Amount Others Women Borrowers Up to Rs 30 lakhs @ Base Rate i.e.9.90 @ Base Rate i.e.9.90 Above Rs.30 lacs & up to Rs 75 Lacs @ Base Rate i.e.9.90 @ Base Rate i.e.9.90 Above Rs 75 lakhs @ Base Rate +0.25 i.e.10.15 @ Base Rate i.e.9.90 Name of Scheme Interest Rate % p.a (Floating) Pushpaka-loan 10.40% Sahayika-loan to meet social financial commitments 13.65% Sanjeevini - loan to medical practitioners for setting up nursing homes/hospitals and for purchase of equipments For Loans up to Rs. 1.00 Crore. 11.65% Above Rs.1 Crore to 5.00 Crores 12.15% Pensioners' loan Scheme - loan to pensioners for meeting immediate emergency needs (1% concession for IOB Pensioner’s) 12.65% 5 Home Décor - loan for furnishing your home. 12.65% Indian Overseas Bank Loan Interest Rates |
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