#1
June 9th, 2016, 03:19 PM
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Oriental Bank Of Commerce Base Rate
I want to know the Base Rate and the interest rate of Oriental Bank Of Commerce so can you please tell me?
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#2
June 9th, 2016, 05:05 PM
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Re: Oriental Bank Of Commerce Base Rate
Oriental Bank of Commerce is an India-based bank established in Lahore. The Bank was established on 19 February 1943. It is one of the public sector banks in India. Oriental Bank of Commerce has trimmed their base or minimum lending rates by up to 0.40 per cent in response to RBI's policy rate cut. Oriental Bank of Commerce has slashed its base rate by 20 basis points from 9.90 per cent per annum to 9.70 per cent with effect from September 30, 2015 Base Rate Of The Bank W.E.F. 30.09.2015 9.70 % Interest rate on Advances - •Interest rates are chargeable on floating or Fixed rates depending upon scheme and terms & conditions of sanction. Maximum spread of the Bank is 3%,Penal rate for any irregularity in the loan accounts is 2%” Interest Rates on Advances (w.e.f. 14.05.2012) Prime Lending Rate : 14.75% Prime Term Lending Rate (PTLR) : 14.75% Maximum interest spread over PLR/PTLR 3.00% (exclusive of Tax) other than export Credit and Consumer Credit : In respect of Borrowers enjoying limits up to 14.75% and inclusive Rs.2.00 lac: Contact- Oriental Bank of Commerce Corporate Office Plot No. 5, Institutional Area Sector-32 Gurgaon – 122001 Telephone Nos.: PBX board/ receiption numbers : 0124-4126200 and 0124-4126300 Toll Free Customer Care No. : 1800-180-1235 Toll Customer Care No. : 0120-2580001 91-124-4126113 insp@obc.co.in (Inspection & Control Department) 91-124-4126376 pnd@obc.co.in (Corporate Strategy & Planning Dept) 91-124-4126213,4126227,4126229 dit@obc.co.in (Department of IT) 91-124-4126341,4126328 gad@obc.co.in (Services Department) 91-124-4126231,publicity@obc.co.in (PR & Publicity Department) |
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