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CITI BANK LAUNCHES NEW HOME LOAN SCHEME

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Citibank, a US based bank launched a novel product known as “CitiHome-One” to provide good home facility to its customers. As per the sources at www.propertykhazana.com this facility encourages the customers to obtain the conventional loans and credit facility for constructing the home of their desires and satisfaction levels. Furthermore, according to a Citi-India Business Manger, N. Rajashekharan, “We provide the customer a double advantage of interest savings on their home loans by using extra funds and flexi-pay options which encourages customer to pay at their comfort levels”, he added.
Furthermore, the maximum limit for the home loans is INR 5 Crores. The credit line will come to INR 1 Crores. Hence it is good and best scheme.
Rajashekharan also added that, “The loan will have a different interest rate which is linked to the bank’s prime lending rates. The repayment is for 20 years and credit duration is 10 years. The customer usually makes the one time repayment or pay through the EMI’s. Furthermore, purchase of home is a great occasion in anybody’s life. CitiHome One is designed in a manner to encourage customer to utilize the funds logically”. For more insight into this interesting conversation, please refer to the website www.propertykhazana.com.
Source: NBTVLIVE

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