Dena Bank, under its festive offer, has waived processing fee by 100% for housing loans and car loans and 50% for Personal Loans and Gold Loan.
Dena Bank has also extended 50% concession in processing fee for its Dena Trade Finance Scheme under which credit facilities upto Rs. 2 crore are extended within the eligibility criteria of the scheme and Dena Doctor+ scheme under which credit facilities upto Rs. 2 crore are extended to Doctors within the eligibility criteria of the scheme for setting up clinic and purchasing medical equipments. The offer is valid upto December 31, 2012.
Dena Bank has already reduced rate of interest in respect of housing loans, car loans, educational loans and personal loans with effect from September 4, 2012. At present, the rate of interest for housing loans range between 10.45 to 11%, car loans ranges from 11% to 12%, education loans at 12% and personal loans ranges from 13% to 14%.