In a move aimed at making homeownership more affordable, Bank of Baroda (BoB) has announced a 40 basis points reduction in its home loan interest rates, bringing them down to 8.50% per annum. This revised rate is applicable to new borrowers, including those seeking fresh home loans, balance transfers, and home improvement loans. The interest rate is linked to the borrower’s credit score, ensuring that individuals with better credit profiles can avail themselves of the most competitive rates....
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