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Corporation Bank has marginally cut housing loan interest rates with effect from April 1.
A bank release said here that the interest rate on loans up to Rs 25 lakh for a period up to five years will be 10.75 per cent. This was 10.8 per cent earlier.
Interest rates for other tenures such as five years and up to 10 years; above 10 years and up to 15 years; and above 15 years and up to 25 years remain unchanged at 10.8 per cent, 10.9 per cent, and 11 per cent, respectively.
vinayakaj@thehindu.co.in
2 comments:
Get the Best Interest rates of Corporation Bank on Home Loan, Personal Loan, Car Loan etc by comparing across all over the India. Apply Online at http://goo.gl/zlpZ5 or Call 600 11 600 / 98 78 98 11 66.
Home loan rates when brought down is the best time to look for good development and save up a lot of money too.
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