Karnataka Bank unveils Insta Cash

 The scheme enables credit, while keeping the borrower's investment in tact. The facility covers persons in the age group 18-70. The rate of interest is kept at bank's PLR.

 The bank hopes the new product will come in handy to meet immediate cash requirement for consumption purpose with repayment period as high as 60 months and 24 months for overdraft.

 The bank has a host of products like KBL Car loan, KBL Easy Ride, KBL Apna Ghar (Home Loan), KBL Niveshan loan for purchase of site, KBL Udyog Mitra for professionals, KBL Varthak loan for traders, KBL Salaried loans, etc at very attractive rates.