Union Bank cuts home loan rate to all time low

Union Bank of India has announced reduction in its home loan interest rates with minimum rate of Interest now starting at 6.40 per cent.

The new rates will be applicable to customers applying for new loans or those who wish to transfer their existing loans including balance transfers. it said. Customers will be benefited from this offering during the festive season as we see a rising demand for buying homes, the bank added.

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