A discount is on offer on the rate of interest for loans
MADURAI: ‘Rainbow mela,’ organised by the State Bank of India to provide hassle-free sanction of all forms of loans under one roof, was inaugurated at Madurai District Tiny and Small Scale Industries Association Hall here on Friday by the District Collector, N. Mathivanan.
All types of loans
The mela has been organised to provide education loans, farm loans, home loans, vehicle loans, mortgage and reverse mortgage loans and loans for self-help groups.
There is also an exhibition showcasing the different activities of the bank and its services.
There is a discount on offer on the rate of interest normally charged for a loan.
For example, home loans are offered at eight per cent interest.
Customers can produce the required documents and avail themselves of the loans.
The loan mela will be open till Sunday.
More details about the offers can be had from 98949 52327 and 98949 52329 for home loans; 99524 12715 and 99524 23712 for car and education loans and 99524 12713 and 99524 12717 for small and medium enterprise loans.