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Union Bank of India and Central Bank of India are offering the cheapest personal loan with interest rates starting from 8.90% per annum
Fintech firm Junio has launched it with the use of RuPay platform
While home loan is only for the construction or buying a new house, mortgage loan may used for any purpose
In a statement, the central bank said that it is lifting the restrictions with immediate effect
The scheme will offer a maximum of 90% financing on the total cost of the vehicle, which includes insurance and registration
The majority of lenders and credit card firms are reluctant to offer money to persons who lack a history of debt
Kotak Mahindra Bank showed the highest growth in credit card spends for September at 27%, followed by ICICI Bank and IndusInd Bank at 13% each
Experts say it is too early to say as multiple factors influence the interest rates.
Payment due date is the most important point to remember. If you miss the due date for payment, you must pay a high penalty as late payment.
In the first week of November 2021 Indian Bank, Yes Bank, Axis Bank and DCB Bank have revised their fixed deposit interest rates.