The State Bank of India Dwarkanagar and Akkayyapalem branches conducted home loan and car loan mela on Sunday.

The customers who applied for loans at the mela got concessions in processing fee and interest rates. On the occasion, the bank provided home loans up to Rs 75 lakh at 10.10 per cent per annum to women borrowers and at 10.15 per cent to others. Car loans were offered up to 85 per cent of on-road price at 10.75 per cent interest.

The loans are being offered with flexible repayment tenures and low EMIs, according to a statement issued by Chief Manager SBI Dwarakanagar Branch G Venkateswarlu. Add on products like Demat accounts and SBI Credit Cards were also made available at the event with all new offers and hassle-free processing features.

A large number of customers availed the services offered in the mela . Assistant General Manager Region 1 Visakhapatnam M.V.R. Ravi Kumar visited both the branches.

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