Date:15/10/2007 URL: http://www.thehindu.com/2007/10/15/stories/2007101569020500.htm

Andhra Pradesh

SBI holds loan mahotsav

Correspondent

Kakinada: State Bank of India is offering special concessions hose seeking car loans and personal loans such as 1 per cent reduction in interest and 50 per cent in processing charges to those seeking car loans and personal loans till December end, according to T.V.S. Ramana Rao, Assistant General Manager, SBI region III.

Presiding over the SBI two-day loan mahotsav here on Saturday, he said those seeking loans could get their loan accounts carrying higher interests from other institutions transferred to the State Bank.

Mutha Gopalakrishna, MLA, inaugurated the mahotsav of the bank.