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Indian Bank today launched special home and auto loan schemes to cash in on the festive fervour.
Public sector lender Indian Bank will offer customers home , vehicle and consumer durable loans at 10.20 per cent, the bank’s minimum lending rate or base rate, during the festival season. To boost credit demand in the retail segment, the bank has also decided to waive processing charges on all retail loans, the bank said in a statement. This is a limited period special offer for the festival season, said T. M. Bhasin, CMD, Indian Bank.
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