date:Jan 07, 2013
for prompt payment, and one per cent additional cut for eligible cases that enjoy a good credit rating. The spokesman said, The corporation is promoting the scheme by offering a concession in the processing fee.
The processing fee charged will only be 0.25 per cent of the loan sanctioned, subject to a maximum of Rs 25,000. The spokesman added, The repayment period of the loan will be five years, including a moratorium of a year.