 "Bank of Baroda, BoB")
Public sector lender Bank of Baroda (BOB) has cut the lending rate for home loan by 25 basis points to 6.5 per cent till end of June 2022 to push retail credit. This special rate is available across all loans amounts and is linked to a borrower’s credit profile.
The new rate beginning at 6.50 per cent per annum is available for fresh home loans as well as for balance transfers, BOB said in a statement. Bank of Baroda Home Loans are linked to an external benchmark - policy repo rate set by Reserve Bank of India.
This rate cut
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