Mangalore based Corporation Bank has marginally cut home loan interest rates with effect from April 1, 2012.
A bank release said that the interest rate on loans up to Rs. 25 lakh for a period up to 5 years will be 10.75%. This was 10.8% earlier.
Interest rates for other tenures such as 5 years and up to 10 years; above 10 years & up to 15 years; and above 15 years & up to 25 years remain unchanged at 10.8%, 10.9% , and 11%, respectively.
Corporation Bank - Corporate Office
Mangaladevi Temple Road, Pandeshwar
Mangalore - 575 001
Karnataka, India
Tele: 91-824-2426416 to 420
Fax: 91-824-2440964
horls@corpbank.co.in
A bank release said that the interest rate on loans up to Rs. 25 lakh for a period up to 5 years will be 10.75%. This was 10.8% earlier.
Interest rates for other tenures such as 5 years and up to 10 years; above 10 years & up to 15 years; and above 15 years & up to 25 years remain unchanged at 10.8%, 10.9% , and 11%, respectively.
Corporation Bank - Corporate Office
Mangaladevi Temple Road, Pandeshwar
Mangalore - 575 001
Karnataka, India
Tele: 91-824-2426416 to 420
Fax: 91-824-2440964
horls@corpbank.co.in
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