Bank of India has said it was not looking at hiking lending rates at least till May-June. Private sector lenders like ICICI Bank, HDFC Bank and Kotak Mahindra Bank, on Thursday, announced rise in their lending rates to pass on the burden of rising cost of funds to customers.
Both ICICI Bank and home-loan lender, HDFC also discontinued their special home-loan schemes or ‘teaser’ schemes, under which customers could avail loans at cheaper rates.
Bank of India, one of the country’s largest lender, will take a call on whether to continue its special home-loan scheme, under which it offers loan at 8 per cent fixed rate for a fixed period to customers, by the end of March, according to a top bank official.
Friday, March 26, 2010
Sunday, March 7, 2010
Bank of India Car Loans
Bank of India Car Loans are user -friendly, fast and cost -effective. Bank of India Car Loans are available at attractive rates of interest. Tenures vary from one to five years.
Interest rates on Bank of India car loans are charged at a monthly reduction balance basis. The bank dictates different income criterion applicable for different category of car loan takers.
Some special criteria are applicable for securing Bank of India Car Loans for the luxury car segment. Bank of India Car Loans are also available for specified varieties of used cars.
Interest rates on Bank of India car loans are charged at a monthly reduction balance basis. The bank dictates different income criterion applicable for different category of car loan takers.
Some special criteria are applicable for securing Bank of India Car Loans for the luxury car segment. Bank of India Car Loans are also available for specified varieties of used cars.
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