BoM Reduces Home Loan Interest Rates
New Delhi: The public sector Bank of Maharashtra (BoM) has shared some good news with its customers. Under its special limited-period offer, 'Monsoon Dhamaka', the bank announced a reduction in home loan interest rates from 7.1 percent to 7 percent. As part of this offer, the bank announced that it is providing car loans at an interest rate of 7.45%, with no processing fees or documentation charges. The bank stated that this would significantly reduce the financial burden on customers regarding EMIs and other associated costs.
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