Bank of Rajasthan slashes home loan rates to 7.50 per cent

05 Nov 2009

1

Mumbai: Bank of Rajasthan, one of the oldest, private sector bank, has announced reduction in interest rates on home loan under ''Apna Ghar Scheme'' with effect from 09.11.2009.

The rates have been cut for the home loans up to Rs30 lakhs and over Rs30 lakhs at floating interest rates.

For housing loans up to Rs30 lakhs, the floating interest will be charged at the rate of 7.50 per cent per cent for the first year, 8.50 per cent for the second and third year and 8.75 per cent for fourth year onwards, which is applicable for all maturity periods on the fresh loans.

For housing loans of above Rs.30 lakhs, the floating interest will be charged at the rate of 8.00 per cent for the first year, 9.00per cent for the second third year and 9.75 per cent for the fourth year onwards, for all maturity periods.

Business History Videos

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more