IDBI Bank will introduce two Repo Linked Products –Suvidha Plus Home Loan and Suvidha Plus Auto Loan from September 10. The new Home Loan and Auto Loan products will be offered to new customers having good credit score and minimum income of Rs. 6 lakh per annum.
The Suvidha Plus Home Loan will be offered for up to Rs. 75 Lakh with a tenor of up to 35 years. The Suvidha Plus Auto loan will be offered for up to Rs. 25 lakh covering the on-road price with a tenor of up to 7 years.
Source- The Hindu Business Line