Tag «Home Loan»

UBI cuts home loan rate to its lowest at 6.4%

By Administrator_ India Capital Sands Escalating competition in the festive season, public sector lender Union Bank of India┬áhas slashed interest rate on home loans by 40 basis points. The minimum rate of interest now starts at 6.40 percent, instead of 6.8 percent earlier. The reduced rate will be effective from October 27. Union Bank said …