Wednesday, January 2, 2013

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.

Place:  Gurgaon

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