![]() Financial Daily from THE HINDU group of publications Tuesday, Mar 18, 2003 |
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Money & Banking
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Housing Finance Corpn Bank clears 550 home loans Our Bureau
HYDERABAD: Corporation Bank has announced that it has sanctioned an amount of Rs 22 crore towards housing loans by clearing the applications of 550 customers on the spot at the two-day home loan fair here on Sunday. In a press release here, the bank said its home loan product `Corp Home' had various interesting factors such as low interest rate, no hidden costs, lowest equated monthly instalment (EMI), no third-party guarantee, longer repayment period of up to 25 years and takeover of high-cost loans of other banks and financial institutions.
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