Bank of Baroda is offering around 1.50% points concession in interest rates on home loans of different tenures/amounts as part of its festival loan campaign. This campaign has started from October 1 till November 30, 2012. During the campaign period, home loans of 25 years tenure up to Rs 30 lakh, and above Rs 30 lakh will be available at 10.50% against 11.25% and 10.75% against 12-12.25% respectively.
The bank is offering car loans at 11.25% against 13% for repayment up to five years and 11.75% against 13.50% for repayment between five and seven years. If a customer is an existing home loan borrower of BoB, then he can get an additional concession of 0.25 percentage points on a car loan. It has also waived processing charges. The public sector bank has also reduced rate of interest on personal/consumer loans from 17% to 15%.
Company Name | CMP |
---|---|
SBI | 840.20 |
Bank Of Baroda | 286.25 |
Canara Bank | 120.80 |
PNB | 128.90 |
Union Bank Of India | 147.65 |
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