Bank of Baroda (BoB)
had announced up to 1.50% points concession in interest rates on housing loans
of different tenures / loan amounts as part of its festival loan campaign.
During the campaign
period, home loans of 25 years tenure of up to Rs. 30 lakh, and above Rs. 30
lakh will be available at 10.50% (11.25% earlier) and 10.75 % (12 to12.25%)
respectively.
The campaign, which
kicked off on October 1, will be on till November 30, 2012.
If a customer is an
existing housing loan borrower of Bank of Baroda , then he / she can get an
additional concession of 0.25% points on a car loan.
Along with the
concessions in home loan interest rates, BoB has also waived processing
charges.
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