Indian Bank Loan for Home Repairs

Indian Bank has launched a new home loan product — IB Home Enrich — for repairs and renovation of houses. Customers can avail this loan up to 36 times their gross monthly income, subject to a maximum of ₹10 lakh. There is no need for mortgage of the house property under this loan facility. The loan can be availed against […]

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Indian Bank to cut base rate by 0.20% from Sunday

Public sector Indian Bank has reduced the base lending rate by 0.20 per cent to 9.45 per cent.  The new base rate will come to effect from next week.  Bank has reduced the base rate from 9.65 per cent to 9.45 per cent which will be effective from May 7, 2017," it said in a regulatory filing.  Base rate is […]

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Indian Bank Revises Interest Rates

Public sector Indian Bank has revised its interest rates in foreign currency non—resident (banking) term deposits with immediate effect. For FCNR(B) deposits, in USD terms, the revised interest rate was fixed at 2.33 per cent for deposits of one year and above, but less than two years, from the existing 2.26 per cent, a bank statement said. For deposits of […]

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Indian Bank to observe March 2017 as Digital Literacy Month

From tomorrow, the public sector Indian Bankwill observe the entire month of March as the Digital Literacy Month. To strengthen the Central Government's policy of cashless economy, the Indian Bank has introduced various tech products and features for the customers every month'', a bank release here today said. As part of this ongoing process, the bank has decided to sensitize […]

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