Corporation Bank will organise a SME loan mela at Padmavathi Ammal Culture Centre in Coimbatore on August 4.
According to a press release from the bank, the camp will be held from 10 a.m. to 7 p.m. The bank will offer 0.50 per cent rebate on interest rate for all SME credit schemes. Women entrepreneurs will get 0.25 per cent additional rebate and 50 per cent discount on processing charges. Loans would be available to start new businesses, expand the existing business, and purchase of commercial vehicles. For details, call the SME Cell of the bank (9843512100).