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What is Covid-19 Emergency Personal Loan?

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COVID-19 pandemic has affected the economy very badly. Due to this many people are experiencing pay cuts and many have even lost their jobs. A lot of people are finding it very difficult to meet their expenses. In order to provide financial assistance to such people, many banks have come up with Covid-19 Emergency Personal Loan. Banks offer this loan by charging interest rates between 7 to 10%. Banks like  Indian Overseas Bank (IOB), Punjab National Bank (PNB), State Bank of India, Union Bank of India, UCO Bank, Bank of Baroda (BoB), and Bank of India offer this loan to needy people. Watch this video to know how to avail this loan. 


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