SBI mulls to approach RBI for clarification on lender’s plan to offer fixed-floating rate home loans
5 years, 3 months ago

SBI mulls to approach RBI for clarification on lender’s plan to offer fixed-floating rate home loans

Firstpost  

At present, SBI has a floating rate home loan product linked to its marginal cost of funds-based lending rate and it recently withdrew one linked to the repo rate. Leh: The largest lender State Bank of India will be seeking clarifications from the Reserve Bank whether it can offer long-term home loans with fixed rates in the beginning and convert the same into floating rates later, chairman Rajnish Kumar has said. The move comes after the Reserve Bank of India has mandated banks to shift all retail lending to floating rates that will be determined by external benchmarks like the repo rate. Speaking to reporters here over the weekend, Kumar said the central bank’s recent guidelines on floating rate products for the retail segment has necessitated the need for the clarity.

Bank Loans Loan Home Loans Rate Rbi Rates Kumar Product Linked Floating Sbi Repo Floating Rates  floating  loans  repo  loan  plan  rate  clarification  bank  fixedfloating  rbi  mulls  product  sbi  rates  linked  offer  lenders

History of this topic

Personal loans: Impact of rate cuts on different types of loans – An explainer
1 week, 3 days ago

Personal loans: Impact of rate cuts on different types of loans – An explainer

Live Mint  

Early this year, the Reserve Bank of India is expected to cut down benchmark interest rates. This means when repo rates are cut, depositors will earn lower rates on their deposits and borrowers will be able to withdraw money at lower interest rates. Personal loan Banks generally charge interest from borrowers based on marginal cost of funds-based lending rate which …

RBI MPC: Homebuyers may have to wait till 2025 for EMI relief
1 month, 1 week ago

RBI MPC: Homebuyers may have to wait till 2025 for EMI relief

India Today  

The Reserve Bank of India has decided to keep the key repo rate unchanged at 6.5% during its latest monetary policy review, held on Friday. MPC is committed to restoring inflation-growth balance in the interest of the economy.” IMPACT ON HOME LOANS The unchanged repo rate means that banks are unlikely to make any changes to their lending rates. Dr …

RBI keeps repo rate steady: Will there be any impact on your home loan EMIs
5 months, 1 week ago

RBI keeps repo rate steady: Will there be any impact on your home loan EMIs

Hindustan Times  

The Reserve Bank of India kept repo rate steady at 6.5 percent for the ninth time in a row in its Monetary Policy Committee review. This year, HDFC Bank increased home loan rates for new borrowers by 40 basis points despite repo rates being steady. For HDFC Bank, the lowest interest rate on a ₹50-lakh home loan was 8.35 per …

SBI hikes loan interest rates from today, EMIs for personal, auto loans to rise | Check details
6 months ago

SBI hikes loan interest rates from today, EMIs for personal, auto loans to rise | Check details

India TV News  

SBI loan: Taking a loan from the State Bank of India, the country's largest public sector bank, has become more costly today. It's important to note that EMIs for personal and auto loans linked to the MCLR will rise, while home loans tied to the repo rate will remain unchanged. SBI's new interest rates SBI has increased the one-month MCLR …

SBI Raises Lending Rates By 10 Basis Points, EMIs Set To Increase
7 months ago

SBI Raises Lending Rates By 10 Basis Points, EMIs Set To Increase

ABP News  

The State Bank of India, India's largest lender, has raised its marginal cost of funds-based lending rate by 10 basis points, equivalent to 0.1 per cent, across all loan tenures. Similarly, the overnight MCLR has increased to 8.10 per cent from 8.00 per cent, while the one-month and three-month MCLR rates have increased to 8.30 per cent from 8.20 per …

RBI Monetary Policy 2024: Stability in interest rates to benefit homebuyers; boost housing sales
9 months, 1 week ago

RBI Monetary Policy 2024: Stability in interest rates to benefit homebuyers; boost housing sales

Hindustan Times  

As expected, the Reserve Bank of India on April 5 once again kept the repo rate unchanged at 6.5 per cent. RBI MPC: Reserve Bank of India's decision to keep repo rates unchanged offers a sense of continuity and predictability to the real estate sector. It is also expected to significantly boost overall market sentiment, pushing residential sales in the …

SBI fixed deposit interest rates hiked. Check latest here
1 year ago

SBI fixed deposit interest rates hiked. Check latest here

Hindustan Times  

Recently, the State Bank of India raised interest rates on fixed deposits of less than ₹2 crore. Representational Image Also, this rate hike by SBI, the country's largest bank and a private sector lender, is applicable on all but three FD tenures: one year to less than two years, two years to less than three years, and five years to …

RBI Keeps Repo Rate Unchanged: What It Means For Your Home Loan?
1 year, 3 months ago

RBI Keeps Repo Rate Unchanged: What It Means For Your Home Loan?

News 18  

RBI MPC Meeting October 2023: Reserve Bank of India on Friday kept the report rate unchanged as was expected from many quarters of the industry. Announcing the decision, RBI Governor Shaktikanta Das said that the monetary policy committee decided to keep the repo rate unchanged at 6.5 per cent unanimously. Overall, we believe that this momentum is projected to persist …

Borrowers can switch to fixed rate loans
1 year, 5 months ago

Borrowers can switch to fixed rate loans

Deccan Chronicle  

MUMBAI: The Reserve Bank of India on Thursday decided to keep the repo rate unchanged at 6.5 per cent for the third time in a row, giving some respite to home loan borrowers who have seen their EMIs rise considerably. The other good news is that the central bank announced to establish a framework for bringing in more transparency for …

How RBI policy outcome will impact home loan borrowers explained
1 year, 5 months ago

How RBI policy outcome will impact home loan borrowers explained

Live Mint  

The Reserve Bank of India has released a key proposal with the goal of improving both the flexibility and transparency of rates of interest on variable-rate loans. The framework will require Regulated Entities to clearly communicate with borrowers for resetting the tenor and/or EMI; provide options for switching to fixed-rate loans or foreclosure of loans; disclose various charges incidental to …

SBI’s home loan interest rates change from today, benchmark lending rates up
1 year, 11 months ago

SBI’s home loan interest rates change from today, benchmark lending rates up

Live Mint  

Home loan interest rates at the State Bank of India have changed from Wednesday onward as the lender hiked lending rates of key benchmarks. Latest SBI home loan rates: Regular Home loan, Flexipay, NRI, Non-Salaried, Privilege, APON Ghar: Under the campaign offer, SBI is giving a concession of 30 bps to 40 bps to borrowers with a credit score from …

SBI Hikes Home Loans Rates. Check Revised Lending Rates For HDFC, PNB, BoB
1 year, 11 months ago

SBI Hikes Home Loans Rates. Check Revised Lending Rates For HDFC, PNB, BoB

ABP News  

India’s top lender State Bank of India has raised the marginal cost of funds-based lending rate by 10 basis points. The hike comes within a week after the Reserve Bank of India raised its repo rate by 25 bps to 6.50 per cent. SBI has raised the overnight MCLR rate by 10 bps to 7.95 per cent from 7.85 per …

Home Loan, Car Loan EMIs to Increase as RBI Hikes Repo Rate by 35 bps; What Should Borrowers Do
2 years, 1 month ago

Home Loan, Car Loan EMIs to Increase as RBI Hikes Repo Rate by 35 bps; What Should Borrowers Do

News 18  

RBI MPC Meeting December 2022: The Reserve Bank of India has increased the repo rate by 35 basis points to 6.25 per cent in its December Monetary Policy Committee meeting. Atul Monga, CEO and co-founder of BASIC Home Loan, said: “An increase in interest rates will be felt especially by the new borrowers, existing borrowers will not usually be affected …

SBI Raises Minimum Home Loan Rate To 7.55%; Know Latest Lending, Deposit Rates
2 years, 7 months ago

SBI Raises Minimum Home Loan Rate To 7.55%; Know Latest Lending, Deposit Rates

News 18  

With India’s largest lender State Bank of India hiking its marginal cost of funds-based lending rate effective June 15, the minimum home loan interest rate has also been revised upwards. Here’s the latest home loan rates of SBI: The lowest interest rate on home loans that SBI is now offering to borrowers is 7.55 per cent per annum. SBI has …

SBI hikes home loan interest rate; EMIs set to go up
2 years, 7 months ago

SBI hikes home loan interest rate; EMIs set to go up

India TV News  

SBI Home Loan Interest Rate: State Bank of India, the country's largest lender, has hiked the lending rates following the Reserve Bank of India's repo rate hike last week. The central bank had hiked the repo rate by 0.50 per cent to 4.90 per cent. The public sector bank has revised by up to 0.20 per cent the marginal cost …

SBI Fixed Deposit Interest Rates Hiked for These Tenors; Check New FD Rates Here
2 years, 7 months ago

SBI Fixed Deposit Interest Rates Hiked for These Tenors; Check New FD Rates Here

News 18  

SBI Fixed Deposit Interest Rates: A week after the Reserve Bank of India increased its repo rates for the second straight time in a row, India’s largest pubic sector lender State Bank of India hiked its interest rates on fixed deposits by up to 20 basis points. For tenures of one year to less than two years, the rates have …

SBI Home Loan, Axis Bank Charges, Car, Bike Insurance: Key Rules That Change From Today
2 years, 7 months ago

SBI Home Loan, Axis Bank Charges, Car, Bike Insurance: Key Rules That Change From Today

News 18  

Money Matters to Change from June: June marks the beginning of the second half of the year, and this calls for a host of new changes for the people in India. The financial changes in June include SBI home loan EMI rate hike, Axis Bank service charge hike, gold hallmark rule amendments and LPG price revisions among others. Here are …

SBI increases MCLR | How hiking this lending rate impacts your home, auto loan EMIs
2 years, 7 months ago

SBI increases MCLR | How hiking this lending rate impacts your home, auto loan EMIs

India Today  

The State Bank of India has hiked the marginal cost of lending rate by 10 basis points. SBI HOME LOAN, AUTO LOANS MCLR, which was introduced by the Reserve Bank of India in 2016, is the minimum rate of interest at which a bank can lend loans to its customers. The increase in repo rate - the rate at which …

SBI Hikes MCLR Again, Twice In A Month; How Will It Impact Home, Auto Loan EMIs?
2 years, 8 months ago

SBI Hikes MCLR Again, Twice In A Month; How Will It Impact Home, Auto Loan EMIs?

News 18  

State Bank of India or SBI has increased its marginal cost of lending rate by 10 basis points across tenures. With the latest rise in MCLR rates, the overnight, one-month, three-month MCLR rate of SBI now stand at 6.85 per cent. Introduced by the Reserve Bank of India in 2016, MCLR or marginal cost of funds-based lending rate is an …

Impact of RBI's repo rate hike on borrowers, investors and the economy
2 years, 8 months ago

Impact of RBI's repo rate hike on borrowers, investors and the economy

Business Standard  

In an unscheduled press briefing yesterday, RBI Governor Shaktikanta Das has said that the Monetary Policy Committee’s off-cycle meet had unanimously voted to hike rates.The rationale behind this decision was the upside risks posed by global factors to India’s inflation trajectory. Meanwhile, the marginal standing facility rate and the Bank Rate stand adjusted to 4.65 per cent.However, the Monetary Policy …

Home Loan, Auto Loan EMIs to Become Dearer As RBI Hikes Repo Rates In Surprise Move
2 years, 8 months ago

Home Loan, Auto Loan EMIs to Become Dearer As RBI Hikes Repo Rates In Surprise Move

News 18  

Reserve Bank of India governor Shaktikanta Das Wednesday said it held an off cycle-meeting amid high inflation and voted to increase the repo rate by 40 basis points, citing persistent inflationary pressures in the economy. Atul Monga, Co-Founder & CEO, BASIC Home Loan, said: “The hike in repo rate is a calculated measure that RBI has taken to combat inflation …

SBI alert: EMIs for State Bank of India customers to go up | Top points
2 years, 8 months ago

SBI alert: EMIs for State Bank of India customers to go up | Top points

India Today  

State Bank of India has raised its marginal cost of funds based lending rate by 10 basis points or 0.1 per cent across all tenures. An overnight, one-month and three-month MCLR rose by 10 bps to 6.75 per cent, whereas a six-month MCLR increased to 7.05 per cent. At the same time, two-year MCLR increased by 0.1 per cent to …

SBI Hikes MCLR Across All Tenors By 10 Basis Points; Home Loan, Car Loan EMIs May Go Up
2 years, 8 months ago

SBI Hikes MCLR Across All Tenors By 10 Basis Points; Home Loan, Car Loan EMIs May Go Up

ABP News  

New Delhi: State Bank of India, the country’s largest public sector lender, has raised the marginal cost of lending rate by 10 basis points across all loan tenors, according to news reports. Tenor-wise MCLR effective from April 15: Over night: Existing rate — 6.65 per cent; New rate — 6.75 per cent One Month: Existing rate — 6.65 per cent; …

SBI Hikes MCLR Across All Tenors: Home Loan, Car Loan EMIs May Go Up; Check Details
2 years, 8 months ago

SBI Hikes MCLR Across All Tenors: Home Loan, Car Loan EMIs May Go Up; Check Details

News 18  

India’s largest public sector lender State Bank of India has hiked its marginal cost of lending rate, the bank has said in a notification. This means that loan interests will increase by 0.10 per cent with the SBI MCLR hike. Here are the tenor-wise MCLR effective from April 15, 2022, as per SBI website: Over night: Existing rate — 6.65 …

Home Loan to Remain Cheaper: RBI Relaxes Loan-to-Value Rules till March-end Next Year
2 years, 9 months ago

Home Loan to Remain Cheaper: RBI Relaxes Loan-to-Value Rules till March-end Next Year

News 18  

In a move to make home loans cheaper, the Reserve Bank of India on Friday announced that it will rationalise the risk weights and link them to loan-to-value ratios for new home loans till March 31, 2023. Being a tangible asset and safe haven investment, people continue to invest in real estate.” “As home loans are likely to remain cheaper, …

SBI Cuts Home Loan Interest Rate to 6.7% for Any Amount, Zero Processing Fee. Know More
3 years, 3 months ago

SBI Cuts Home Loan Interest Rate to 6.7% for Any Amount, Zero Processing Fee. Know More

News 18  

State Bank of India on Thursday has reduced the home loan interest rates to 6.7 per cent for any loan amount. Explaining how this first-of-its-kind initiative will benefit the home buyers, SBI said that a buyer needs to pay an interest of 7.15 per cent for availing a home loan of Rs 75 lakh. On how it will benefit the …

SBI cuts home loan interest rate to 6.70%
3 years, 8 months ago

SBI cuts home loan interest rate to 6.70%

India TV News  

State Bank of India on Saturday said it has reduced home loan interest rate to 6.70 per cent. The lender said home loan interest rates are now starting from 6.70 per cent for loans up to Rs 30 lakh and 6.95 per cent for loans above Rs 30 lakh to Rs 75 lakh. "The affordability for the consumer increases immensely …

SBI Reduces Home Loan Interest Rates. Check the Latest Rates
3 years, 8 months ago

SBI Reduces Home Loan Interest Rates. Check the Latest Rates

News 18  

State Bank of India on Saturday announced that it has slashed its home loan interest rates. Those who apply for home loans above Rs 75 lakh, will get a interest rate of 7.05%, the bank mentioned. Further, women borrower are eligible for a special concession of 5 bps on home loan interest rates. The affordability for the consumer increases immensely …

SBI reduces home loan rates to 6.7%
3 years, 10 months ago

SBI reduces home loan rates to 6.7%

The Hindu  

The country’s largest lender State Bank of India on March 1 said it has reduced interest rates on home loans by up to 10 basis points and is offering loans starting from 6.70% rate. The bank said the home loan interest rates will start from 6.70% for loans up to ₹75 lakh and 6.75% for loans in the range of …

SBI cuts home loan interest rates by 10 basis points to 6.7%; offers additional benefits till 31 March
3 years, 10 months ago

SBI cuts home loan interest rates by 10 basis points to 6.7%; offers additional benefits till 31 March

Firstpost  

Mumbai: The country’s largest lender State Bank of India on Monday said it has reduced interest rates on home loans by up to 10 basis points and is offering loans starting from 6.70 percent rate. The bank said the home loan interest rates will start from 6.70 percent for loans up to Rs 75 lakh and 6.75 percent for loans …

SBI gives home loan borrowers option of moving to new rate regime
4 years, 4 months ago

SBI gives home loan borrowers option of moving to new rate regime

Live Mint  

State Bank of India has given an option to its existing home loan borrowers to switch over to the current interest rate linked to repo rate. Current SBI home loan interest rates are in the range of 7% to 7.35% based on external benchmark rate, which is linked to Reserve Bank of India's repo rate. Interest rates on home loans …

Home loans get cheaper as SBI cuts lending rates
4 years, 7 months ago

Home loans get cheaper as SBI cuts lending rates

The Hindu  

Country’s largest lender State Bank of India has reduced the marginal cost of fund based lending rate by 25 bps across all tenors. The lending rate reduction comes after Reserve Bank of India cut the repo rate by 40 bps in May. Following the repo rate cut, the lending rates of SBI which are linked to the repo rate, are …

SBI cuts savings bank deposits interest rate by 25 bps to 2.75%; reduces lending rate by 35 bps
4 years, 9 months ago

SBI cuts savings bank deposits interest rate by 25 bps to 2.75%; reduces lending rate by 35 bps

Firstpost  

The country’s largest lender SBI on Tuesday said it has cut savings rate by 0.25 percent to 2.75 percent on all deposits New Delhi: The country’s largest lender SBI on Tuesday said it has cut savings rate by 0.25 percent to 2.75 percent on all deposits. In view of adequate liquidity in the system, SBI realigned its interest rates on …

SBI home loan EMIs to fall, bank cuts external benchmark based rate
5 years ago

SBI home loan EMIs to fall, bank cuts external benchmark based rate

Live Mint  

State Bank of India, the country’s largest lender, today announced a reduction in its external benchmark based rate by 25 bps to 7.80% per annum, from 8.05% per annum. With this reduction, interest rate for existing home loan customers as well as MSME borrowers who have availed loans linked to external benchmark based rate would come down by 25 basis …

SBI lowers one-year MCLR rate by 10 bps to 7.9%
5 years, 1 month ago

SBI lowers one-year MCLR rate by 10 bps to 7.9%

Live Mint  

India's largest lender State Bank of India on Monday said it will reduce its one-year marginal cost of funds-based lending rate by 10 basis points to 7.9% from 10 December. "To pass on the benefit of its reducing cost of funds to customers, country’s largest lender State Bank of India has announced the reduction in its one-year MCLR by 10 …

Investors wary of loans amid SBI’s higher valuation call
5 years, 2 months ago

Investors wary of loans amid SBI’s higher valuation call

Live Mint  

Mumbai: The country’s largest lender, State Bank of India, believes it deserves a higher valuation from investors than what is ascribed to it at present. Chairman Rajnish Kumar has rolled out his plan for the next two years, through which SBI will hack through its pile of bad loans and bring in virtuous business growth. The other risk with SBI, …

SBI Customers Attention! SBI Bank likely to charge processing fees on home loans, top-up plans
5 years, 3 months ago

SBI Customers Attention! SBI Bank likely to charge processing fees on home loans, top-up plans

India TV News  

SBI Home Loan Processing Fee: India's largest lender State Bank of India is likely to charge processing fees for home loans borrowers, top-up plans and corporate and builder loans. According to TOI report, SBI, in an internal circular, has informed that the full waiver of the consolidated processing fee, which was to last through the festive period till December, has …

SBI home loans to get cheaper as bank reduces key lending rates
5 years, 3 months ago

SBI home loans to get cheaper as bank reduces key lending rates

India TV News  

The country's largest lender by assets, State Bank of India or SBI on Wednesday announced reduction in its marginal cost of fund-based lending rate by 10 basis points across all tenors. SBI's move to reduce the key lending rate comes after Reserve Bank of India cut the repo rate by 25 basis points last week. SBI has also announced a …

SBI lowers rates on non-repo-linked loans by 10 bps
5 years, 3 months ago

SBI lowers rates on non-repo-linked loans by 10 bps

India TV News  

State Bank of India on Wednesday announced reduction in its marginal cost of fund based lending rate by 10 basis points across all tenors, effective October 10. This is the sixth time that the country’s largest lender has cut its MCLR or minimum lending rate in the current financial year. "In view of the festival season and extending the benefits …

SBI cuts lending rates by 10 bps, retail loans to get cheaper
5 years, 3 months ago

SBI cuts lending rates by 10 bps, retail loans to get cheaper

India Today  

The State Bank of India on Wednesday announced lowering its marginal cost of funds based lending rate by 10 basis points across all tenors to 8.05 per cent from October 10. The bank's one-year MCLR has been brought down from 8.15 per cent per annum to 8.05 per cent per annum. So if an existing home loan is linked to …

We guarantee you won't mind standing in queue at this MUST visit SBI branch
5 years, 3 months ago

We guarantee you won't mind standing in queue at this MUST visit SBI branch

India TV News  

State Bank of India Chairman Shri Rajnish Kumar has inaugurated the Diskit Branch at Nubra Valley, Ladakh, on September 14. The ceremony marked the presence of Lt. Gen. YK Joshi GOC 14 Corps, Leh as the guest of honour, SBI CGM, Shri Rana Ashutosh Kumar Singh. With the population of 1760 as per 2011 Census, residents of Diskit, which is …

SBI to adopt repo rate as external benchmark for all floating rate loans from Oct 1
5 years, 3 months ago

SBI to adopt repo rate as external benchmark for all floating rate loans from Oct 1

India TV News  

State Bank of India on Monday said it will adopt repo rate as the external benchmark for all floating rate loans for MSME, home and retail loans, from October 1, 2019. On September 4, the Reserve Bank of India had mandated all banks to link all new floating rate personal or retail loans and floating rate loans to micro, small …

SBI to seek clarity on RBI’s lending norms
5 years, 4 months ago

SBI to seek clarity on RBI’s lending norms

Live Mint  

The largest lender State Bank of India will be seeking clarifications from the Reserve Bank whether it can offer long-term home loans with fixed rates in the beginning and convert the same into floating rates later, chairman Rajnish Kumar has said. The move comes after the Reserve Bank has mandated banks to shift all retail lending to floating rates that …

SBI cuts lending rates by 10 bps; home loans to go cheaper
5 years, 4 months ago

SBI cuts lending rates by 10 bps; home loans to go cheaper

India TV News  

Public sector lender State Bank on Monday announced yet another reduction in lending rates by 10 basis points across tenors. In a press release, SBI stated that it will reduce reduced MCLR s rates by 10 basis points across all tenors with effect from tomorrow, i.e., September 10.. Due to this rate cut, the one-year MCLR SBI MCLR rate today …

SBI repo-linked home loan vs Bank of Baroda (BoB) repo-linked home loan: Key things to know
5 years, 4 months ago

SBI repo-linked home loan vs Bank of Baroda (BoB) repo-linked home loan: Key things to know

Live Mint  

After India's biggest bank State Bank of India launched India's first repo-linked home loan product in July many banks including Bank of Baroda have also come up with repo-linked home loan offers. Under this repo-linked home loan product, the effective home loan rates are linked to the banks' repo-linked lending rate, which in turn is linked to the RBI's repo …

SBI’s repo-linked home loan rate falls to 8.05% from today, EMIs to drop
5 years, 4 months ago

SBI’s repo-linked home loan rate falls to 8.05% from today, EMIs to drop

Live Mint  

State Bank of India or SBI was the first bank in India to offer a home loan product in which the interest rate is linked to the Reserve Bank's repo rate, when it launched the scheme in July this year. Interest rate under SBI's repo-linked home loan product will fall to 8.05% from today, from 8.4% earlier, after RBI last …

SBI cuts interest rates on fixed deposits up to 0.5%
5 years, 4 months ago

SBI cuts interest rates on fixed deposits up to 0.5%

India TV News  

The country's largest lender State Bank of India on Friday slashed interest rates on fixed deposits across various tenure by up to 0.5 percentage point, a move which will lower returns for savers. The bank has slashed the interest rate for the fixed deposits with maturity of 7-45 days to 4.5 per cent from existing 5 per cent. With effect …

SBI claims new repo-linked home loan ’cheapest’ at 8.05%: How it works
5 years, 4 months ago

SBI claims new repo-linked home loan ’cheapest’ at 8.05%: How it works

Live Mint  

India's biggest bank SBI or State Bank of India became the first bank to offer a home loan product where the interest rate was linked to RBI's lending rate, repo rate. How SBI's repo-linked home loan works 1) This new home loan product from SBI is linked to the bank's repo rate lending rate, which in turn is linked to …

SBI makes BIG announcement. Offers reduced rate of interest for home, car and personal loans
5 years, 4 months ago

SBI makes BIG announcement. Offers reduced rate of interest for home, car and personal loans

India TV News  

State Bank of India, the country's largest lender, on Tuesday, announced a number of offers including cheaper rates for home loans, auto loans and education loans to cash in on festival season coming ahead. The bank is offering lowest interest rate starting from 8.70 per cent to customers opting for a car loan, with no escalation in interest," PTI quoted …

Discover Related