As a festive season
offer, IDBI Bank has decided to offer Housing Loan at Base Rate, which
currently stands at 10.25%.
Base rate is the
minimum lending rate or the rate below which banks do not offer loans.
The public sector
bank has also decided to waive processing fees for both Home Loans during this
period, the bank said in a statement.
This offer can be
availed by all new borrowers from October 09, 2013.
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