Dena Bank to offer cheapest home loan at 8.25%

16 Nov 2017 Evaluate

Dena Bank will offer home loan at 8.25%, leaving behind industry leader SBI in terms of the cheapest loan rate offered by any player. The ‘Dena Retail Loan Carnival’ will offer loans in the range of 8.25% - 9% from November 16, 2017 to December 31, 2017.

The carnival will provide home loans up to Rs 75 lakh at 8.25% per annum and car loans at 9% per annum. However, women borrowers will be offered car loans at 8.90%. Besides, the bank will not charge any processing or documentation fee on the loans that will be processed during the carnival.

Dena Bank is engaged in providing banking services. Its services include treasury, corporate/wholesale banking, retail banking, mobile banking, phone banking, internet banking, international banking, dena automated teller machine (ATM) services and visa bill pay etc.


Peers
Company Name CMP
SBI 820.50
Bank Of Baroda 251.20
Canara Bank 102.65
PNB 97.85
Union Bank Of India 117.10
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