Overview The Indian Overseas Bank is providing personal loans to the Govt. sector/private sector employees having salary accounts with the bank. The bank provides the loan amount up to a maximum of Rs.15 lac with a maximum loan repayment tenure of 36-84 months. The interest rate charged by the Indian Overseas Bank varies from 11.95%-13.70%. The bank offers a 0.50% discount for females in case the loan is for the purchase of consumer durables. The guarantee is mandatory except if …
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Indian Overseas Bank offers Home Loans for all individuals some are Agriculturists, Youngsters and similar other people from all walks of life at an interest rate of 8.70% – 12.20%. The Loan Term is max. upto 30 years and loan amount is Upto Rs. 2 crores. Pre-payment charges are NIL. Offers Home Loan cash credit facility where borrower can make loan transaction through his/her IOB Saving / Current Account. Borrower cannot only submit his/her monthly EMIs into the account, but …