Bank lowers interest rates
Our Banking Bureau
21 November 2001
rates on home loans extended by Dena
Bank have been reduced. The loans extended under the brand name
Dena Niwas Housing Finance Scheme have been lowered by 0.25 per
cent to 0.75 per cent on different loan sizes.
interest rate will be 11.5 per cent for loans up to Rs 25,000 and
12 per cent for loans from Rs 25,000 to Rs 2 lakh. For loans over
Rs 2 lakh to Rs 10 lakh, the rate will be 12.25 per cent and for
loans over Rs 10 lakh the rate
will be 12.5 per cent, a bank release said.
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