State owned Vijaya
Bank has reduced home loan rates by up to 0.8% to cash in on festive fervour.
The bank has also
waived the processing fee for housing loans availed between October 1 &
January 31, 2013.
Mr.Harideesh Kumar B,
General Manager, Vijaya Bank said, "Interest rates on housing loans have
been slashed by up to 0.8% and prepayment & processing charges have been
waived."
Interest rate on
housing loan up to Rs. 30 lakh with maturity period up to 10 years is available
at 10.50% against 10.75% earlier.
The base rate or the
minimum lending rate of the bank is 10.45%.
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