Mangalore, Oct 8: Karnataka Bank Ltd. has launched a Pan India Special Campaign for its Home and Car Loan schemes with attractive terms and concessions.
The MD & CEO of the Bank P. Jayarama Bhat, inaugurated the campaign on Oct.7th at Bank’s Head Office, Mangalore.
The Bank is offering Home loans up to `75.00 lakhs at its Base Rate, being the lowest permissible interest rate. Higher limits are at attractive competitive rates. For house construction loans, extended holiday period also will be provided with no extra interest rate. Car Loans are sanctioned up to 85% of the on-road price of new vehicle with repayment period up to 7 years, at competitive interest rates. The offer is valid up to 31st January 2014.
“This special festive season offer is an effort by the Bank to reach out to the needy customers to fulfill their dream of owning a house and or a car of their choice said P. Jayarama Bhat.
Chief General Manager Mahabaleshwara M.S., the General Managers N.Upendra Prabhu & M.V.C.S.Karanth, the Deputy General Managers V.N.Manohar, Subhaschandra Puranik and Chandrashekar Rao B, Asst. General Managers. Venkatakrishna Bhat, P.Kashinath, Nirmal Kumar K Hegde and the Chief Manager Srinivas Deshpande and Senior Manager Udayashankar were present on the occasion.
