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Central Bank of India introduces Repo Linked Interest Rate for home loans and vehicle loans

Last Updated : Sep 03 2019 | 7:50 PM IST

With effect from 01 September 2019

Central Bank of India has introduced Repo Linked Interest Rate (RLIR) in the Bank on Home loan Product and Vehicle Loan Product with effect from 01 September 2019. Existing borrowers will be given an option to switch over to the new repo linked rate at a fee as decided by the Bank.

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First Published: Sep 03 2019 | 4:38 PM IST