NEWS & ADVICE : HOME LOANS
Hike in interest rates by oriental bank of commerce
By Joseph Samson
Mar 5, 2014
Print    Email    RSS   

Oriental bank of commerce has hiked the interest rates on fixed deposits by 3.25%. The bank has reported that there is rise of 3.25 % on term deposits for the period of 31-45 days. Earlier the rate was 6% now it has been revised to 9.25%. The rates for tenure 46-90 days have been raised by 1% i.e. From 8.50% to 9.50%. And the rates for tenure of 91-179 days are hiked by 1%.

Recently Canara bank has also revised the rates on selected maturities. With the hike in base rates there will be a hike in rates of car loans, home loans as well. The Allahabad bank has also hiked its minimum lending rate by 0.05%.


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

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Complete Guide to the Home Loan Process in...
Carnival of Indian Personal Finance Blogs#10
Evaluate Hidden costs before buying a house
Identify the cheapest home loan offer
Effect of employment on loan eligibility...


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

NEWS THIS WEEK
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