Corporation Bank announces dip in home loan rates
By Joseph Samson
Apr 9, 2012
Print    Email    RSS   

Public sector lender Corporation Bank has announced a slash in interest rates in home loans. The drop in rates has come to effect from April 01, 2012.

For loans amounting upto Rs 25 lakh now, the interest rate would be 10.75% for a tenor of 5 years, said the bank in a release.

The interest rate for the same period and same amount was 10.8% earlier.

For loans having tenor in the range of 5 years to 10 years, the interest would remain unchanged at 10.8%. The rates would also continue to remain unchanged for tenors of 10 years to 15 years (10.9%) and upto 25 years (11%).


(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Six tips to choose your home loan lender
What if you default on your loan?
Paying back home loans: Which repayment...
Step up loans: An easy way to own a dream...
Reverse Mortgage in India: Your property...

PINJORE: CaℒL Giℛℒs In PiNjOrE 09915787550...
PINJORE: CaℒL Giℛℒ In PiNjOrE 09915787550...
how to gate my home loan certificate

Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive