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Tuesday, August 28, 2012

Special SBT offer on retail loans, deposits

State Bank of Travancore (SBT) has announced “Aishwaryotsav,” a festival offer of reduction of 0.50 per cent in interest rates for housing and car loans up to September 30.

The margin for the loan also has been reduced by five per cent, a bank spokesman said here. Processing fee for the loans will be waived during this campaign period. The bank offers car loans up to a maximum of Rs 30 lakh and home loans up to Rs 3 crore.

SBT has also announced a festival special term deposit scheme for Onam and the 67th year of existence of the bank.

The offer is open for NRE as well as domestic customers at 9.50 per cent for a period of 670 days. The offer will be valid till September 15, 2012.

Details can be had from the Web site or on toll-free number 1800 425 5566.


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