BANK OF BARODA: BOB announced relaxation in loan interest rates during the festive season


New Delhi. Bank of Baroda (BoB) has launched offers for home and car loans to provide an opportunity for people to celebrate this festive season in the Corona era. In a statement issued by the BoB, it said that it is offering 0.25 percent discount on the prevailing applicable rates for Baroda Home Loan and Baroda Car Loan.

HT Solanki, head and general manager (mortgage and other assets), Bank of Baroda, said that in view of the festive season, we would like to give gifts to existing customers with the introduction of retail loan offers. He said that banks are giving customers the facility of transfer on taking a car loan or home loan. In addition, the processing fee will also be waived.

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Solanki said that along with the waiver of pricing and processing fees, customers get an additional incentive to transfer their existing home loans to the bank. Also, new car buyers can get the benefit of very attractive rates.



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