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Indian Overseas Bank nurturing boutique loan scheme for horticulture

01 Dec 2012 Evaluate

Indian Overseas Bank is nurturing a boutique loan scheme for urban horticulture. The bank is currently running a campaign for the scheme that has retail flavor but priced as an agricultural loan.

This is the scheme with interest rate of 11.75%, which is the margin-free and collateral security-waived loan scheme for urban individuals interested in raring flower or kitchen gardens or for landscaping on his or her property.

Peers
Company Name CMP
State Bank Of India 997.00
PNB 116.65
Bank Of Baroda 237.80
Canara Bank 123.90
Union Bank Of India 178.00
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