Oriental Bank of Commerce
Corporate Office, Gurgaon
New Year Gift from Oriental
Bank of Commerce
Oriental Bank of Commerce has liberalized
certain terms in its Retail Loans and Deposit Schemes as a New Year Gift to its
Customers.
The Bank has reduced ROI on Home Loans (up to
Rs. 30 Lacs) by 10 bps. The same shall now be available @10.40% with an EMI of
as low as Rs.937/- per lac. Margin for Home Loans above Rs. 20 Lac reduced to
20%. For Home Loans below Rs. 20 Lac, margin shall be 15%. The Housing Loan
Portfolio constitutes 45% of the Retail Loans of the Bank.
The Bank has also waived off Penalty on
Premature Withdrawal on its Deposit Schemes for all maturities across all
slabs.
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