AllBank partnership with Kirti Solar

Allahabad Bank has entered into a tie-up arrangement with Kirti Solar Ltd in Kolkata on the 16 March, 2011 to facilitate bank loan towards purchase of Solar equipments of the company on easy terms. Bank will provide loans to the borrowers in rural and semi-urban areas for purchase of solar products at interest rate of 5 per cent per annum under NABARD’s Capital Subsidy-cum-Refinance Scheme.