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Home > Forum > Chennai > Home Loan > Have recently any banks reduced interest rate?

Have recently any banks reduced interest rate?

Q: As we all know, RBI has decreased the rates while lending to banks. Is there any reduction in interest rates for home loans by banks happening after the RBI rate cut?

home loans
bank interest
rbi rates
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Chennai Home Loan Home Loan in Chennai
Replies (5)
1
They have reduced upto 0.25% for home loans and upto 0.75% for auto loans ...
sabhajit_rao


2
They have reduced upto 0.75% ...
sabhajit_rao


3
Thank you... how much have they reduced?
rao.venugopal18


4
Hi Venugopal, Punjab and Sind banks have announced the reduced rate of interest for home loans and auto loans.
sabhajit_rao


5
Yes few banks have reduced their rate of interest in home loans.
Ashutosh


6

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