As the festive season approaches, plans of buying a new home creates excitement to the Indian community. Bank of Baroda on friday, shared that they have cut hown interest rates from 6.75% to 6.5%. The new interest rates will be available for customers applying for fresh loans, loan transfer or looking to refinance their existing loans making the offer more inclusive for its customers. The new interest rates come into effect from 7 Oct 2021 and the fstive season interest rate will last till the end of the year (31 Dec 2021).
Source: NDTV Profit
