Central Bank of India, a premier public sector lender, launches a home loan scheme to cater to various financial requirement of people for refurbishing/renovating/furnishing a house or buying furniture, LCD, Home Theaters etc.
Under the Cent Home Loan Plus Scheme, as it is known, borrowers can take loans up to Rs 5 lakh, which can be repaid in 60 equal monthly installments. The loan is available for existing borrowers of the bank under Direct Housing Finance Scheme and also for joint borrowers provided both the party agree to the terms and conditions of the bank.
The amount of loan one can get sanctioned under the scheme could be 15% of the value of the property mortgaged at the bank. | 
