Assam govt, SBI sign MoU over housing, educational loan at subsidized interest rates

Posted on:24 Mar 2017 09:28:03
Assam govt, SBI sign MoU over housing, educational loan at subsidized interest rates
24 March 2017 Current Affairs: The state government of Assam has signed two MoUs with Mumbai based State Bank of India(SBI) to provide housing loan and education loan for its employees on March 23, 2017 

Devajyoti Hazarika, state additional secretary of finance and Om Prakash Mishra General Manager of SBI of NE Circle have signed MoU for loan facility at subsidized interest rates. 

Highlights : Housing loan at the interest rates of 5% for women employees Housing loan at the interest rates of 5.5 % for men and Education loan for higher education for their children at 4% interest rate The maximum limit of the housing loan is Rs 15 lakh and Education loan is Rs.10 lakh 

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