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Current Interest Rates & APR
Current Interest Rates
| Product Type | Best Rate %* |
|---|---|
| Home Loan | 7.50% |
| Loan Against Property | 7.95% |
| Business Loan | 14.00% |
| Personal Loan | 10.49% |
| Professional Loan | 13.00% |
| Gold Loan | 7.60% |
| Two Wheeler Loan | 11.60% |
| Doctor Loan | 10.50% |
| Savings Account | 5.50% |
| Fixed Deposit | 7.05% |
| RD | 8.50% |
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Our News - Sep 2022
- 2022-09-22 : SBI extends special FD scheme for senior citizens
SBI has extended the special fixed deposit scheme for senior citizens till March 31, 2023. The scheme was introduced in May 2020 and it was initially valid till September 2020. But amid the COVID-19 pandemic, the special FD scheme was extended several times and now the bank has extended it to March-end next year. The special FD scheme for senior citizens offers an additional 30 bps interest rate (over the existing 50 bps) to the senior citizens on term deposits with tenor of five years and more. - 2022-09-19 : Axis Bank and Square Yards launched co-branded home buyer ecosystem
Axis bank partnered with Square Yards has introduced Open Doors’ which is a single-stop solution to meet all kinds of housing requirements for those who are looking to buy a house. Customers of Axis Bank and Square Yards can now take advantage of a variety of value-added financial perks, including personalized loan amounts and flexible tenure, as well as little documentation for an easy home buying experience. - 2022-09-19 : Bank of Baroda opens corporate cluster in Chennai
Bank of Baroda (BoB) has opened its mid corporate cluster (south) Chennai, which will cater to the needs of mid corporate segment by strengthening its operating model, branch network, credit decision making and will help in meeting financial requirements of such corporates in southern States. - 2022-09-19 : BoB and TIIC ink pact to assist entrepreneurs
Bank of Baroda (BoB) recently signed a Memorandum of Understanding (MoU) with the Tamil Nadu Industrial Investment Corporation Limited (TIIC) to extend working capital facilities to entrepreneurs. TIIC promotes industrial development in Tamil Nadu by providing credit facilities to business units to purchase land and machinery, and construct buildings. - 2022-09-12 : Union Bank of India hikes interest rates - home, car EMIs set to rise
Union Bank of India has increased its marginal cost-based lending rate (MCLR) in the range of 0.05 per cent to 0.35 per cent, which would make the loans from the bank more expensive. MCLR rates for overnight and one-month tenures to 7.00 per cent and 7.15 per cent, thus increasing them by 5 bps. For the three-month tenure, the rates are the same as before and are at 7.25 per cent.
*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources.
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