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Corporation Bank cuts home loan rates
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1 March 2002

Mangalore: Corporation Bank has lowered its interest rates on housing loans to 11 per cent with effect from 1 March 2002.

According to a press release issued here, the interest rate on home loans up to a five-year maturity have also been slashed to an all-time low of 10.5 per cent, which, according to Corporation Bank, is the lowest in the industry.

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Corporation Bank cuts home loan rates