High home loan demand triggers interest rate war, Real Estate News, ET RealEstate

̥MUMBAI: A surge in demand for home loans in October has triggered a rate war. Kotak Bank is now offering home loans at 6.75% — the second reduction in less than a month. A host of banks are offering loans at 6.8% to 7%, resulting in the spread between these and government bonds narrowing down […]

Union Bank of India cuts home loan interest rate to 6.7%, Real Estate News, ET RealEstate

MUMBAI: Union Bank of India has slashed interest rate on home loans for salaried to 6.7%, which is lower than the general category mortgages of State Bank of India (SBI), which has traditionally offered the lowest interest rate. Union Bank charges 6.7% for loans up to Rs 30 lakh for salaried borrowers with a credit […]

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