Persons defaulting on home loans taken from cooperative housing societies could repay their dues by availing the interest rebate announced by the State government, said Manimaran, Additional Registrar of the Tamil Nadu Cooperative Housing Federation. Speaking at a meeting with secretaries of the housing societies of Tiruchi, Perambalur, Ariyalur, Pudukottai and Karur districts, Mr. Manimaran pointed out that the government has announced full waiver of penal interest.

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