Bank of Baroda, one of India’s public sector banks, has announced retail loan delivers ahead of the festive season.
The supply will be applicable for Home Loan and Car Loan items, wherein the bank is providing a waiver of .25 per cent in the current applicable prices for Baroda Home Loans and Baroda Car Loans across the board.
Additionally, the bank is also providing a waiver of processing charge in Home loans – Now home loan prices start off at 6.75 per cent and Car loan prices start off at 7.00 per cent.
Industry authorities say, with such competitive pricing and waiver of processing charges, the potential consumers will get an further incentive for their new home and new automobile buy. Customers can also look forward to speeding the processing and doorstep services, by applying by means of mobile banking or the bank’s site for immediate sanction.
H.T.Solanki, GM- Mortgages and Other retail assets, Bank of Baroda, on the launch of these festive delivers, mentioned, “With the introduction of these retail loan offers for this festive season, we intend to bring festive cheer among our existing loyal customers and also offer new to bank customers an attractive proposition for availing home loans and car loans who will be benefited from lower rates and waiver of processing fee on offer.”
The State Bank of India also launched today a bouquet of festive delivers for potential home loan purchasers. SBI will supply credit score linked home loans at just 6.70 per cent, irrespective of the loan quantity.