Corporation Bank
BANKING Corporation Bank Launches ‘SME Grand Festival Loan Bonanza’ An Exciting Festival Offer for SMEs Corporation Bank launches SME Grand Festival Loan Bonanza on SME Credit Schemes of the Bank from October 20, 2012 for a limited period. The “Grand Festival Loan Bonanza” was launched by Shri Ajai Kumar, Chairman & Managing Director of the Bank in Kochi on October 20, 2012 in the presence of Shri Amar Lal Daultani, Executive Director of the Bank. The ‘ SME Grand Festival Loan Bonanza’ is specially launched for the benefit of the SMEs for the ongoing festival season. The various offers are as follows: Interest Rate Concession of 0.50% on the applicable rate on all the SME Credit Scheme Offered by the Bank, Additional Interest Rate Concession of 0.25% for Women Entrepreneurs, 50% concession on Processing Charges. The Festival Bonanza is offered on Ten SME Credit Schemes offered by the Bank. To encourage entrepreneurs, Bank offers various special...