Corporation Bank launched a ‘Bumper Car Carnival’ on Friday. The bank’s Belgaum zone deputy general manager A.P. Suresh said here on Friday that the carnival would end on March 15. Car loans will be available at 10.4 per cent interest, and the equated monthly instalments per lakh will be Rs. 1,681, for a loan spanning over seven years. Those availing themselves of loans during the carnival will enjoy a full waiver of processing charges, he added. The scheme is applicable only for new four-wheelers, not for commercial and second-hand vehicles, he added.