Bank of Baroda slashes interest on home loans
Posted on: 06/Jan/2017 12:54:24 PM
Following the footsteps of the State Bank Of India many banks had slashed the interest rates on home loans. Yesterday Andhra Bank slashed its interest rates. Now, Bank of Baroda on Thursday lowered its lending rates by up to 0.75 percent which will lead to cheaper home and corporate loans.
The new rates would be effective from January 7 and will be applicable to all new and renewed borrowal accounts.
