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BoM slashes home, car loan rate by up to 20 basis points
Financial Express Mumbai
|August 13, 2023
STATE-OWNED BANK of Maharashtra (BoM) on Saturday slashed the interest rate on home and car loan by up to 20 basis points and also waived off the processing fee.
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With the reduction, home loan would now be available at 8.50% from existing 8.60%, while car loan has been made cheaper by 20 basis points to 8.70%.
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