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Bank of Baroda cuts benchmark lending rate by 10 bps, makes loans cheaper

State-owned Bank of Baroda (BOB) on Monday cut its benchmark lending rate by 10 basis points to 6.75 per cent.
The lender’s home loan rates now start at 6.75 per cent and for cars at seven per cent after the revision in the Baroda Repo Linked Lending Rate (BRLLR). it said in a statement.
Mortgage loan rates start at 7.95 per cent and education loan rates start at 6.75 per cent.
BOB stock was trading 1.23 per cent up at Rs 78.3 per share on BSE.
The reduction in BRLLR makes loans more affordable for the customers, said Harshadkumar T. Solanki, the bank’s general manager for Mortgages and Other Retail Assets. ....

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Welcome To IANS Live - LatestNews - BoB reduces Baroda Repo Linked Lending Rate by 10 bps

The cut is expected to impact all categories of loans offered by the bank. As all retail loans are linked to BRLLR (external benchmark-repo linked rate), customers availing home loans, mortgage loans, car loans, education loans, personal loans and all other retail loan products can avail of this benefit.With ....

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BoB reduces Baroda Repo Linked Lending Rate by 10 bps

Bank of Baroda, India s third largest public sector bank, on Monday reduced Baroda Repo Linked Lending Rate (BRLLR) from 6.85 per cent to 6.75 per cent, effective from March 15.The cut is expected to impact all categories of loans offered by . ....

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Bank of Baroda cuts retail lending rates

Bank of Baroda (BoB) has cut its lending rate from 6.85% to 6.75%.“All retail loans are linked to BRLLR (Baroda Repo Linked Lending Rate). Hence, customers availing home loan, mortgage loan, car loan, ....

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Welcome To IANS Live - BUSINESS - BoB reduces Baroda Repo Linked Lending Rate by 10 bps

The cut is expected to impact all categories of loans offered by the bank. As all retail loans are linked to BRLLR (external benchmark-repo linked rate), customers availing home loans, mortgage loans, car loans, education loans, personal loans and all other retail loan products can avail of this benefit.With ....

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