Wednesday, August 11, 2010

BSNL signed agreement with Union Bank of India for staff loans

BSNL has recentlt signed an agreement with Union Bank of India for various loans for BSNL employees valid upto 03.08.2011.

Different rates of interests are described in a nutshell.
H.B.A                    @8.50% p.a.
Car Loans              @10% upto 3Yrs and 10.5% beyond that.
Two Wheeler Loan       - DO -
Personal Loan        @12% p.a.
Education Loan      @ 10% p.a.
Natural Calamity     @ 12% p.a.

for details of the schemes, eligibility, quantum of loan, repayment schedule etc may be viewed in the MOU.

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