Monday, March 1, 2021

Kotak Mahindra Bank cuts home loan rates to 6.65%

The move comes hours after home loan segment leader SBI cut its offering to 6.70 per cent. Home loan rates were already at a 15-year-low, as banks compete in a market with low credit demand. Interest rates are linked to borrowers' credit score and the Loan to Value (LTV) ratio, Kotak Mahindra Bank said.

from Personal Finance News-Wealth-Economic Times https://ift.tt/380xUyF

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