Dena Bank further reduces the interest rates on New Home Loans & Car Loans in the Festive Season

by NR INDRAN / INT

Mumbai – For the ensuing festival season, Dena Bank has further reduced the Interest Rates on New Housing Loans & Car Loans by 25 Basis points in floating rate category with effect from 10th October 2011.

Thus the Bank has reduced interest rates on floating Housing Loans and Car Loans by 0.50% for the ensuing festival season. Moreover, to give further benefit to the customers, the Bank continues the reduction in the Process Fee on Housing Loans & Car Loans by 50%.

These reductions in rate of interest & Processing Fees will be valid upto 31.12.2011.

You can contact author @ nr_indran@rediffmail.com