Union Bank cuts home, car loan interest rates
BY PTI12 Feb 2013 6:58 AM IST
PTI12 Feb 2013 6:58 AM IST
Union Bank of India has reduced its benchmark lending rate by up to 0.25 per cent, making loans including home and corporate cheaper for borrowers.
The bank has reduced its base rate by 0.25 per cent to 10.25 per cent. With the reduction in base rate, the interest rate on home and car loans will come down to 10.25 per cent and 10.70 per cent respectively.
The bank has reduced its base rate by 0.25 per cent to 10.25 per cent. With the reduction in base rate, the interest rate on home and car loans will come down to 10.25 per cent and 10.70 per cent respectively.
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