With several Public Sector Banks including the SBI, PNG and Bank of India deciding to end the concessional or the teaser rates, home and auto loan customers will have to shell out more now.
The public sector banks, which are offering low interest rates for the initial period of the loan to attract new customers, have decided not to extend the validity of their schemes beyond March. In certain cases, the schemes would be discontinued during the course of this month itself.
Source: http://economictimes.indiatimes.com/personal-finance/loan-centre/home-loans/analysis/Home-loans-to-be-dearer-public-sector-banks-to-end-teaser-rate-regime/articleshow/5565360.cms
HOME LOANS TO BE DEARER; PUBLIC SECTOR BANKS TO END TEASER RATE REGIME
Labels: BANKING N FINANCE
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