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Andhra Pradesh
SBI loan mela begins
Staff Reporter
Kakinada: State Bank of India Assistant General Manager (Region-III) T.V.S. Ramana Rao inaugurated a ‘loan mela’ on the bank’s main office premises here on Friday.
He said housing and car loans would be sanctioned with 1 per cent less on prevailing interest on housing loans and 50 per cent in processing charges.
He said that free personal accident insurance and SBI Life Insurance with low premium would be entertained with no hidden charges during the three-day mela.
He also explained the bank’s special plans like the SBI Maxgain, SBI Reality, SBI Home Plus and SBI Reverse Mortgage. Assistant General Manager H. Mithesh said loans would be sanctioned to the eligible without any delay.
SBI Personal Banking Branch chief manager E. Subrahmanyam welcomed the gathering.
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