Public sector lender Vijaya Bank had organised a home loan carnival or mela in Mangalore on the 29th and 30th of October.

The loan mela was inaugurated by Director of the bank, Mr B Ibrahim.

According to deputy manager of the bank, Mr Sudhakar Shetty M., on the basis of income of the borrower, loans were sanctioned on the spot too.

Also, processing fees was reduced by as much as 50% on new loans.