Comments
Bank of India has reduced interest rates on home loans. The new rates will be 10.50 per cent for loans up to Rs 30 lakhs, 10.75 per cent for over Rs 30 lakh but less than Rs 75 lakh and 11.25 per cent for Rs 75 lakh and above.
The home loan rate is a floating rate linked to bank’s base rate. The Base Rate of BOI is 10.50 per cent with effect from May 1, 2012, a bank press release said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.