Special Housing loans from Syndicate Bank | Details of interest rates for special housing loans from Syndicate bank

September 18th, 2010| Finance.

Special Housing loans from Syndicate Bank | Details of interest rates for special housing loans from Syndicate bank

Syndicate Bank

Syndicate Bank has announced new offers with special Housing Loans for this festival season. This offer is available till the 31st March, 2011. 8.25% bank base rate is applicable for two years on a loan amount of Rs.20 lakhs. Additional 0.50% will be charged on base rate from 3rd year to 5th year. 0.75% extra on base rate is charged from the 6th year. The maximum interest rate is 10%. For loans above Rs.20 lakhs, 0.25% interest rate on base rate for the first two years is collected. 0.75% interest rate on base rate is applicable from 3rd to 5th year whereas the interest rate from 6th year is 1.25%. Maximum interest rate will be 10.5%.

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