NStCB, Naga Shopping Arcade (NSA) Branch Dimapur, Sr Manager Masheto Nandu releases loan to its first home loan customer on May 15.

Dimapur, May 18 (MExN): Nagaland State Cooperative Bank Ltd (NStCB), Naga Shopping Arcade (NSA) Branch Dimapur, Sr Manager Masheto Nandu released loan to its first home loan customer on May 15.
According to the DGM (Admin/Vig) NStCB, the Bank has recently launched two new loan products with attractive schemes for its customers.
customers can now avail home loans from any of its branches up to Rs 75 lakh at an attractive Interest rate of 8.50% p.a. with maximum tenure of 20 years for construction of house, purchase of land with construction of house on the land, outright purchase of newly ready built flat/house or house under construction, renovation/extension/repair of house where it is owner occupied, for buying second house for the purpose of self occupation and for purchase of old house or flat not old over 25 years from the date of completion of construction.
The bank has also launched a new salary plus loan scheme for its customers who are Drawing Salary from its Branches with an attractive Interest rate of 10 % p.a.
Additionally the customers Savings Account will have the benefits of minimum Zero Balance, Savings Interest rate of 5% p.a., free NEFT/RTGS/Debit Card/SMS, Unlimited free ATM withdrawal upto Rs 1 lakh daily.