Syndicate Bank has introduced festival offer for home loans and vehicle loans. As per the festival offer, customers will get home loans at 10.5% up to Rs 25 lakh for 25 years and at 10.75% for above Rs 25 lakh up to Rs 75 lakh. For loans over Rs 75 lakh, the interest charged is 10.9%.
The bank is offering four-wheeler loans at the interest rate of 10.75% for 84 months with bank finance up to 95% of the cost of vehicle on road. It has also waived the processing or documentation charges for four-wheeler and home loans during festival offer.
