The move comes hours after home loan segment leader SBI cut its offering to 6.70 per cent. Home loan rates were already at a 15-year-low, as banks compete in a market with low credit demand. Interest rates are linked to borrowers' credit score and the Loan to Value (LTV) ratio, Kotak Mahindra Bank said.source https://economictimes.indiatimes.com/industry/banking/finance/banking/kotak-mahindra-bank-cuts-home-loan-rates-to-6-65/articleshow/81279136.cms
No comments:
Post a Comment