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In a bid to spur credit demand during festive season, Syndicate Bank has rolled out home loans at 10.5 per cent interest rate for loans up to Rs 25 lakh.
The bank will charge interest rate of 10.75 per cent on loans above Rs 25 lakh and up to Rs 75 lakh, said a press statement issued by the bank.
Syndicate Bank will also offer vehicle loans at an interest rate of 10.75 per cent for a tenure of seven years.
The bank will finance up to 95 per cent of the cost of vehicle on road.
The bank has further waived off processing and documentation charges on these loans disbursed during the festive season.
The bank will charge interest rate of 10.75 per cent on loans above Rs 25 lakh and up to Rs 75 lakh, said a press statement issued by the bank.
Syndicate Bank will also offer vehicle loans at an interest rate of 10.75 per cent for a tenure of seven years.
The bank will finance up to 95 per cent of the cost of vehicle on road.
The bank has further waived off processing and documentation charges on these loans disbursed during the festive season.
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