- As an annual festival campaign, it provides a series of offers viz. attractive interest rates on home loans, education loans, car loans, etc.
- The “Khushiyon Ka Tyohaar” campaign also includes a discount on processing charges.
- Under the campaign, the Bank of Baroda (BOB) home loans will be available at an interest rate beginning at 7.95% per annum with no processing charges.
- Car loans will also be available at 7.95% yearly with a discount of 25 basis points.
- Other offers include:
- no pre-payments and part-payment charges
- concessional processing charges
- repayment tenure of seven years
- BOB is a government-owned banking company that was established in 1908 with its headquarters in Vadodara. The current CEO and MD of the company are Sanjiv Chadha.
Question:
Q.1 Who launched the “Khushiyon Ka Tyohar” campaign?a. SBI
b. BOB
c. UBI
d. AXIS Bank
