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  4. Home Loan Rate Cut

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  • Festive bonanza: Bank of Baroda cuts interest rates on home loan, auto loan by 0.25%

    Festive bonanza: Bank of Baroda cuts interest rates on home loan, auto loan by 0.25%

    Business | Sep 16, 2021, 08:50 PM IST

    The bank's home loan rates start at 6.75 per cent and car loan rates at 7 per cent. It has also waived off processing fee on home loans.

  • SBI cuts home loan interest rate to 6.70%

    SBI cuts home loan interest rate to 6.70%

    Business | May 01, 2021, 03:25 PM IST

    State Bank of India (SBI) on Saturday said it has reduced home loan interest rate to 6.70 per cent.

  • Home loans to get cheaper, after Bank of Baroda this bank cuts interest rate

    Home loans to get cheaper, after Bank of Baroda this bank cuts interest rate

    Business | Nov 02, 2020, 12:02 PM IST

    ​The bank in a release said women borrowers will get further concession of 5 basis points in rate of interest over and above this reduction for such loans. The new rates are effective from November 1.

  • Kotak Mahindra cuts interest rate on home loans by 10 bps

    Kotak Mahindra cuts interest rate on home loans by 10 bps

    Business | Oct 22, 2020, 11:07 PM IST

    Kotak Mahindra Bank (Kotak) on Thursday announced that it has reduced its rate on home loans by a further 10 basis points (bps) to 6.9 per cent per annum.

  • 'Khushi Ka Season': Kotak Mahindra bank cuts home loan rate to 7%; at par with SBI's offering

    'Khushi Ka Season': Kotak Mahindra bank cuts home loan rate to 7%; at par with SBI's offering

    Business | Oct 16, 2020, 09:20 PM IST

    Private sector lender Kotak Mahindra Bank on Friday reduced its interest rate on home loans to 7 per cent, at par with market leader SBI's offering. 

  • Union Bank slashes MCLR by up to 15 bps

    Union Bank slashes MCLR by up to 15 bps

    Business | Aug 10, 2020, 05:28 PM IST

    State-owned Union Bank of India on Monday announced a cut in its marginal cost of funds-based lending rate (MCLR) by up to 15 basis points across various tenors, effective August 11. 

  • UCO Bank reduces MCLR by 10 bps across tenors

    UCO Bank reduces MCLR by 10 bps across tenors

    Business | Aug 07, 2020, 07:22 PM IST

    State-owned UCO Bank on Friday announced reduction in its marginal cost of funds-based lending rates (MCLR) by 10 basis points across all the tenors. 

  • Loans to get cheaper as HDFC Bank cuts MCLR by 10 bps, effective from today

    Loans to get cheaper as HDFC Bank cuts MCLR by 10 bps, effective from today

    Business | Aug 07, 2020, 03:20 PM IST

    HDFC Bank has reduced its marginal cost of funds-based lending rates (MCLR) by 10 basis points across all tenors with effect from Friday.

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

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

    Business | Jul 10, 2020, 12:47 PM IST

    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

    SBI home loans to get cheaper as bank cuts MCLR rate

    Business | Mar 11, 2020, 02:05 PM IST

    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.

  • 5 basis point cut in MCLR by SBI expected to boost realty sector, experts believe.  We breakdown how

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

    Business | Feb 07, 2020, 06:34 PM IST

    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,

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

    Business | Aug 22, 2019, 07:06 PM IST

    India's one of the largest private lenders HDFC Bank has revised its home loan interest rates, right after SBI and RBI slashed their MCLR rate and repo rate respectively. This change has come into effect from August 14, 2019.  With this reduction in interest rates, home loan EMIs at HDFC Bank has become cheaper. Among all who are willing to apply for a home loan, salaried women would enjoy most benefits.

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

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

    Business | Apr 09, 2019, 08:14 PM IST

    SBI reduced its MCLR by 5 basis points (0.05 per cent) across all tenors with the one-year MCLR coming down from 8.55 per cent per annum to 8.50 per cent per annum.

  • corporation bank cuts rates on home auto loans

    Corporation Bank cuts rates on home, auto loans

    Oct 12, 2013, 06:22 PM IST

    State-owned Corporation Bank on Friday reduced interest rates on home, auto and consumer durables loans by up to 1.75 per cent to cash in on the festival season demand.The bank cut lending rate on home

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