The Pune-based lender has also slashed interest rate on personal loans to 8.9 per cent from the existing 11.35 per cent effective Monday (October 17, 2022), BoM said in a statement. The lender has already waived processing fee for its gold, home and car loans under the ‘Diwali Dhamaka’ offer.
The bank currently offers home loans starting at 8.3 per cent. The rate varies depending on the borrower’s credit score. Pic: Pixabay