How to make more money in Real Estate

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  • - Saturday 22nd April 2017

    Bank of Baroda is offering the cheapest home loans in the market . It has outdone SBI by offering it at 8.35% where as SBI's rate is 8.6%. The move could trigger a rate war as banks are flush with funds, and loan growth since April has been almost negligible during the current financial year. On a home loan of Rs 50 lakh, reduction in interest rate by 0.70% by Bank of Baroda will help a homebuyer to save Rs 2,496 per month and approximately Rs 9 lakh during the loan tenure of 30 years,” the bank said in a statement. The bank is inviting existing borrowers of other lenders to get the benefit of lower rates.

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