Dena Bank Reduces Interest Rates on Retail Products
Mumbai : : Bank Reduces Interest Rates on Various Retail Loans. Bank has decided interest rate on Housing Loan at base rate i.e.10.25% upto Rs.100 Lacs. Housing Loan above Rs.100 Lacs will be offered at the interest rate of 10.50%.
Bank has also offered combo Loan of Car Loan and Consumer Durable Loan with Housing Loan. Car Loan with Housing Loan will be offered at 10.25 % upto the limit of Rs.100 Lacs and at 10.50% above Rs.100 Lacs.
Bank also offers Consumer Durable Loan along with Housing Loan at 11.75%.
For consumer loan, in case of tie-up under Corporate Salary Scheme rate of interest has been reduced by 100 basis points i.e. from 13% to 12%.
Rates on Car Loan without the Combo Offer has also been reduced by 100 basis points i.e. from 12% to 11%.