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OBC offers home loan at 7.5 per cent
October 04, 2003 02:28 IST
The Oriental Bank of Commerce on Friday reduced its home loan interest rate to 7.5 per cent for the salaried class. The bank would offer a package to employees of government, semi-government, public sector undertakings, banks and reputed private sector companies at 7.5 per cent on floating rate basis for five years and at eight per cent for a tenure between five and 20 years, a bank release said in Delhi.
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