Bank of Baroda has reduced its home loan interest rates from 6.75% p.a. to 6.50% p.a. for a limited period valid till June 30.

Mumbai, Apr 22 (The CONNECT) - Bank of Baroda has reduced its home loan interest rates from 6.75% p.a. to 6.50% p.a. for a limited period valid till June 30. Further, the Bank has also announced a 100% waiver on processing fees during this period. With this, Bank of Baroda continues to offer the most competitive home loan rates in the industry.

The new rate beginning at 6.50% p.a. is available for customers applying for fresh home loans as well as for balance transfers. This special rate is available across all loans amounts and is linked to a borrower’s credit profile. The Bank put a disclaimer – Terms & Conditions apply.

H T Solanki, General Manager - Mortgages & Other Retail Assets, Bank of Baroda said, “We have seen a significant pick-up in home sales over the last many months and we are delighted to extend the good times for home buyers with the introduction of a special, limited period interest rate offer of 6.50% along with nil processing charges. We expect the momentum to continue, as customers seek to make the most of this very attractive offer to buy their dream home.”