Kumari Palany & Co

New Housing loan plans from Canara Bank

Posted on: 05/Nov/2014 2:47:17 PM
Canara Bank is one of the leading banks among the nationalised banks.

It has introduced a new housing loan scheme called ‘Yuva Avashrin’.

Individuals aged between 21 & 45 can avail this loan.

The total loan will be equivalent to 5 times the annual salary. The repayment may be made on a 30-year base or up to the age of 70 (whichever is earlier).

A special feature about the loan is that the loan interest will be repaid within 36 months after the start of EMI payments.

A special concession of ‘no processing fees’ is on offer for the loans applied during the period between 5th September and 31st January, 2015.

Canara Bank has invited the youth to utilise this loan opportunity to the fullest.