These PSU banks slash home loan interest rates, bring below 8 per cent - Check details

These PSU banks slash home loan interest rates, bring below 8 per cent - Check details

Following the repo rate cut by the Reserve Bank of India (RBI), several banks are transferring the benefits to customers by lowering their interest rates. Amid this, two leading public sector lenders, Canara and Indian Bank on have lowered their repo-linked lending rate (RLLR) by 25 basis points in line with the central bank. With this move, home and vehicle loans offered by these banks have become cheaper. Indian Bank Cuts Home Loan, Vehicle Lo…

Union Bank of India has reduced the interest on FD, know how much the interest has been reduced - Business League

Union Bank of India Fixed Deposit Rates: Union Bank of India has shocked its crores of customers. After RBI reduced the repo rate, the bank has reduced its FD rates. UBI Bank has reduced the interest on FD by 0.25 percent. These new rates of the bank have come into effect from 25 April 2025 Union Bank of India Fixed Deposit Rates : Union Bank of India has shocked its crores of customers. After RBI reduced the repo rate, the bank has reduced its …

Lower EMIs! Indian Bank reduces Home & Vehicle Loan interest rates

Chennai: Indian Bank has reduced the interest rates on home loans to 7.90 per cent and vehicle loans to 8.25 percent, the public sector bank announced on Friday. The bank slashed the loan rates after the Reserve Bank of India’s Monetary Policy Committee reduced the repo rate by 25 basis points to 6 percent on April 9, 2025. The RBI had announced a similar short-term lending rate cut in February. After RBI’s announcement of MPC meeting details, F…

Good News For Borrowers: Bank cuts lending rates | DH Latest News, DH NEWS, Latest News, India, NEWS , Policy Repo Rate, Canara Bank, MCLR, repo linked lending rate

Mumbai: Leading public sector bank in the country, Canara Bank has reduced its repo-linked lending rate (RLLR) by 25 basis points. The move follows the Reserve Bank of India’s Monetary Policy Committee (MPC) decision earlier this month to cut the repo rate from 6.25 per cent to 6 per cent. With the RLLR reduction, the minimum rate of interest for all the loans have been lowered out of which, the popular loan products are: Housing Loans – Now sta…