SBI Home Loan Utsav in Hubli Starts From 11 Feb

The State bank of India will organize a 2 day loan mela, SBI-Utsav, on Raikar Ground in Vidyanagar in Hubli from February 11. Speaking to mediapersons on Thursday, Venu Gopal Reddy, deputy general manager of SBI said, "In the mela loans will be given on the spot."

"All our retail products and services, and loan products for small and medium enterprises will be exhibited in the two-day mela. About 30 real estate developers, builders and auto dealers will participate in the event. Stalls displaying building materials, consumer durables will be set up as part of the event," he said.

Customers can get up to 1.25 percent concession in loans in the utsav. "This year we expect to give Rs 25 crore as home loan and Rs 8 crore as car loan," he added.

S L Gangopadhyay, chief financial officer of Tata Marcopolo Motors Limited will inaugurate the event.

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