Home loans gets cheaper as Union Bank cuts MCLR by 20 bps, effective from tomorrow

State-run Union Bank of India on Friday announced reduction in its marginal cost of funds-based lending rate (MCLR) by 20 basis points across tenors.

SBI home loans to get cheaper as bank cuts MCLR rate

The country's largest lender State Bank of India (SBI) on Wednesday said it has reduced its marginal cost of fund-based lending rate (MCLR) by up to 15 basis points across various tenors, effective March 10.

EXPLAINED: Here's how cut in MCLR will impact your home loan EMI

The State Bank of India today announced a 5 basis point cut in its Marginal Cost of Funds-Based lending rates (MCLR). So effectively, interest rates on all home loans or any other loan linked to MCLR will go down. In this article, we try to explain how MCLR cut will impact you vis-a-vis EMIs.  

Good News! HDFC Bank revises its home loan interest rate, these customers to get benefited

SBI, Indian Overseas Bank reduce interest on home, auto loans post-RBI cut