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BOM slashes retail loan interest rates by 25 bps
Millennium Post Delhi
|Delhi 08 December 2025
NEW DELHI: Public sector lender Bank of Maharashtra (BoM) on Sunday announced reduction in interest rates by 25 basis points on retail loans, including home, car, education and other loans linked with Repo Linked Lending Rate (RLLR) in line with the Reserve Bank of India (RBI) rate cut.
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With the revision effective Saturday, the bank’s home loan starts from 7.10 per cent interest rate and car loan from 7.45 per cent, which is among the lowest in the banking industry, Bank of Maharashtra said in
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