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 […]

Union Bank of India reduces MCLR by 20 bps across tenors, Real Estate News, ET RealEstate

MUMBAI: State-run Union Bank of India on Friday announced reduction in its marginal cost of funds-based lending rate (MCLR) by 20 basis points across tenors. The new rates are applicable from July 11. The revised one-year MCLR stands at 7.40 per cent against 7.60 per cent earlier, the bank said in a release. Three-month and […]

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