Indian Bank, IOB launch special drive for home loans
Both banks are offering home loans at 10.2% and 10.25% respectively
 "Indian Bank, IOB launch special drive for home loans")
In an attempt to target prospective home buyers, public sector lenders -- Indian Bank and Indian Overseas Bank -- are offering home loans at interest rates of 10.20 and 10.25%, respectively.
"Indian Bank is offering home loans at 10.20% across various slabs irrespective of the tenure for people looking forward to build homes," the city-based bank said in a statement.
Similarly, Indian Overseas Bank, as part of targeting women customers, is offering housing loan at 10.25%, irrespective of the tenure and loan amount under the banks' Subha Gruha scheme.
Both offers from the two banks are valid up to March 31, 2014, the statement added.
"Indian Bank is offering home loans at 10.20% across various slabs irrespective of the tenure for people looking forward to build homes," the city-based bank said in a statement.
Similarly, Indian Overseas Bank, as part of targeting women customers, is offering housing loan at 10.25%, irrespective of the tenure and loan amount under the banks' Subha Gruha scheme.
Also Read
For other borrowers, the interest rates have been fixed at 10.25% for loans up to Rs 75 lakh and 10.50% for loans above Rs 75 lakh, it said.
Both offers from the two banks are valid up to March 31, 2014, the statement added.