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SBI cuts MCLR; Here are banks offering lowest interest rates on home loans

Moneycontrol News | June 10, 2020 / 08:30 IST
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State Bank of India (SBI) has reduced its Marginal Cost of Funds Based Lending Rates (MCLR) by 25 basis points across tenors. The revised MCLR for one year is 7%, for two years is 7.20% and for three years is 7.30%. New revision will be effective from June 10.
State Bank of India (SBI) has reduced its Marginal Cost of Funds Based Lending Rates (MCLR) by 25 basis points across tenors. The revised MCLR is 7 percent for one year, 7.20 percent for two years and 7.30 percent for three years. The new revision will be effective from June 10.
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HDFC Bank home loan interest rates 7.50% to 8.50%.
HDFC Bank home loan interest rates are at 7.50-8.50 percent
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Home loan interest rates of Citi Bank is at 7.50%
Home loan interest rates of Citi Bank are at 7.50 percent
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Bank of Baroda | Board approved raising of additional capital fund up to Rs 13,500 crore upto March 31, 2021. (Image: Moneycontrol)
Bank of Baroda home loan interest rates stand at 6.85-9.10 percent
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ICICI Bank
ICICI Bank offers 7.70-8.80 percent interest rates on home loan.
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Axis Bank offers 7.60% interest on home loan.
Axis Bank offers 7.60 percent interest on home loan.
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Punjab National Bank's interest rates is 6.7-7.40 percent
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Union Bank of India offers 6.70% to 7.10% interest rates on home loan.
Union Bank of India offers 6.70-7.10 percent interest rates on home loan.
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Central Bank of India offers 6.85-9.05 percent interest rates on home loan

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