In the light of a recent policy movement by the Monetary Policy Committee (MPC) of the Bank of the India Reserve (RBI), Indian Bank has reduced the interest rates of its mortgage loans of 8.15 percent annual to 7.90 percent and its interest rates of vehicle loans.
In the light of a recent policy movement of the Monetary Policy Committee (MPC) of the Bank of the India Reserve (RBI), Indian Bank has reduced its mortgage loan interest rate from 8.15 per year to 7.90 percent, and its vehicle rate from the center. Interest rate.
This rate cut aims to provide relief to borrowers by reducing access to affordable credit and promotion, the bank said in a statement.
In addition to reduced interest rates, Indian Bank, which offers benefits such as discount processing rates and zero documentation charges.
Posted on April 24, 2025