Kolkata: Union Bank of India has announced a reduction in its Home Loan interest rates with a minimum rate of Interest now starting at 6.40 per cent.
The reduced rate will be effective from October 27, 2021.
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The new rates will be applicable to customers applying for new loans or those who wish to transfer their existing loans including balance transfers, according to a statement here today.
‘ Customers will be benefited from this offering during the festive season as we see a rising demand for buying Homes. With this reduced rate of interest, Union Bank of India’s Home Loan rate is the most competitive in the Industry, ‘ the statement added.
