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Nov 02, 2007, 08.39 PM IST

BoB lowers car loan interest upto 100 bps w.e.f. 01/11/07

Bank of Baroda Lowers Car Loan interest upto 100 basis points w.e.f. 01/11/2007.

Source: Moneycontrol.com
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Bank of Baroda has announced reduction in the rate of interest on Car loans by 100 basis points as a festival bonanza for its valued customers. The new rates shall be effective for all new Loans sanctioned on or after 1st November 2007.


 


With the reduction of interest rate, all new loans will be priced at 11.50% p.a. on floating option and further concession of 25 bps will be available during the ongoing Centenary Retail Loan Festival period.


 


Sourced From: Bank of Baroda


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