Bank of Baroda reduces home loans rates to 6.5 per cent
   Date :11-Oct-2021

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Bank of Baroda, India’s premium public sector bank, announced reduction of 25 bps in its home loan rates from 6.75% to 6.50%* w.e.f from October 7, 2021. With the onset of festive season, the bank has extended this offer and the special rate will be available till December 31, 2021. The new rates will be available for customers applying for fresh loans, loan transfer or looking to refinance their existing loans making the offer more inclusive. On the announcement of reduction in home loans, H T Solanki, GM- Mortgages & Other retail assets, Bank of Baroda, said, “The bank always tries to offer the most competitive rates of interest on home loan and other retail loan products while making the process seamless and hasselfree through our digital platforms and our dedicated teams.”