|Chennai||Rs. 27580.00 (0.18%)|
|Mumbai||Rs. 28700.00 (0%)|
|Delhi||Rs. 27700.00 (0.73%)|
|Kolkata||Rs. 28270.00 (0%)|
|Kerala||Rs. 27050.00 (0.74%)|
|Bangalore||Rs. 27350.00 (1.11%)|
|Hyderabad||Rs. 27660.00 (1.21%)|
IDBI Bank, a public sector universal bank, on Thursday said it has decided to reduce its interest rates on new floating rate Home Loans above Rs. 30 lakh by a further 25 basis points (bps).
Loans up to Rs. 75 lacs would now be available at Base Rate (BR) - currently at 10.50% p.a- while on such loans above Rs. 75 lakh, the pricing would be Base Rate (BR) plus 25 bps.
Further, interest on Home Loan Interest Saver (HLIS) product would go down by 25 bps across all loan slabs, subject to minimum of Base Rate.