Bank of Maharashtra has reduced its home loan interest rates to 7%, positioning them among the lowest in the banking industry. The new rate applies to loans up to Rs 85 lakh, with zero processing fees for borrowers. This move aims to boost home financing demand and attract customers seeking affordable housing loans.
Bank of Maharashtra has reduced its home loan interest rates to 7%, positioning them among the lowest in the banking industry. The new rate applies to loans up to Rs 85 lakh, with zero processing fees for borrowers. This move aims to boost home financing demand and attract customers seeking affordable housing loans.