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.
