Current Context: Canara Bank has started a special business vertical dedicated to gold loans.
- It has been launched by the bank to meet the financial needs of its customers in the pandemic situation of COVID-19.
- The gold loan campaign will be conducted till 30th June 2020.
- The interest rate offered under this campaign is as low as 7.85% per annum.
- The loan offered in this is to be payable within a period of one to three years, with flexible repayable options.
- The credit can be useful to conduct agricultural activities, businesses, health emergencies and for personal needs by the users.
Static Part:
- HQ of Canara Bank: Bangalore Tagline of Canara Bank: Together We Can
Question:
Q.2 Which bank has started special business vertical dedicated to gold loans?
a. Canara Bank
b. Union Bank of India
c. Indian Bank
d. UCO Bank
a. Canara Bank
b. Union Bank of India
c. Indian Bank
d. UCO Bank
