Corporation Bank will launch
‘Corp Micro Plus’, a special campaign for micro enterprises from January 17 to
March 31. The rate of interest will be at base rate (10.25% currently). There
will be no processing charges during the campaign period. S. R. Bansal, Chairman
and Managing Director of the bank, inaugurated a fully furnished SME (small and
medium enterprise) loan centre at Ahmedabad on Monday, which will cater to the
financial requirements of the MSME sector in Ahmedabad, Kadi, Rajkot, Gandhidham
and Jamnagar. The bank is planning to open SME loan centres at Pune, Ludhiana
and Chennai before February 15.
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