Central Bank revises Home Loan Interest Rate
New Delhi (India), March 23: Public sector lender Central bank of India changes the Home loan interest rate. The revised rate for interest rate for the Home loans is applicable from 4th March, 23. Central Bank of India offers a rate of an interest rates for Home loans up to 30 lahks is 4.45 to 9.80. Earlier, it was 8.35 to 9.55. There are also changes in interest rate for Home loan above 30 lakh upto 75 lakh i.e. 8.45 to 9.80. Earlier, the rate was 8.35 to 9.55. The Rate of interest of Home loan above 75 lakh is revised from 4th March, 23. The revised rate is 8.45 to 9.80
|Rate of Interest on Fixed Deposit|
|Highest Slab||1 year tenure||3 year tenure||5 year tenure|
|Previous w.e.f. 10.02.2023||8.60||7.25||6.75||6.75|
|Revised w.e.f. 10.03.2023||8.60||7.25||6.75||6.75|
Central bank also cleared that there is no changes in Rate of Interest on Fixed Deposit. Highest Slab s 8.60, for 1 year tenure is 7.25, for 3 year tenure it was 6.75 and for 5 year tenure it was 6.75.
|Rate of Interest on Home Loan|
|Up to 30 lakh||Above 30 lakh &
up to 75 lakh
|Above 75 lakh|
|Previous w.e.f. 04.01.2023||8.35 to 9.55||8.35 to 9.55||8.35 to 9.55|
|Revised w.e.f. 04.03.2023||8.45 to 9.80||8.45 to 9.80||8.45 to 9.80|
If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
The post Central Bank revises Home Loan Interest Rate appeared first on Republic News Today.
Prathmesh Dudhgaonkar: A Beacon of Compassion and Social Impact
Read Time:1 Minute, 11 Second New Delhi (India), June 8: Meet Prathmesh Girish Dudhgaonkar, a perfect role model for the youth...
Main Aa Raha Re of Bharateeyans launched
Read Time:1 Minute, 7 Second New Delhi (India), June 8: The song Main Aa Raha Re ( https://youtu.be/LmcgdcKtc0o) from Bharateeyans, produced by...
Lukmankhan Khan: Advocate and Entrepreneur Making a Mark in Ahmedabad
Read Time:2 Minute, 36 Second Lukmankhan Khan’s Remarkable Journey as a Respected Advocate and Accomplished Entrepreneur New Delhi (India), June...
Dr Nikhilesh Tiwari honours rising star Sana Sultan at the Filmfare Social Night
Read Time:3 Minute, 6 Second Dubai (UAE), June 8: On May 31, 2023, Mai Dubai hosted the esteemed Filmfare Social Night,...
Pay Store Pe, a one-stop destination for all food and grocery needs
Read Time:2 Minute, 7 Second New Delhi (India), June 8: With more than 1,000 products and over 1,000 popular brands,...
TeamUP Network: PropTech Solutions for Real Estate B2B Success
Read Time:2 Minute, 40 Second Mumbai (Maharashtra) [India], June 8: TeamUP Network App, a pioneering B2B platform, is revolutionizing the...