DBT Bureau
Pune, 27 April 2025
In the light of recent policy move by the Monetary Policy Committee of the Reserve Bank of India, Indian Bank has lowered its home loan interest rates from the existing 8.15% p.a. to 7.90% p.a and Vehicle loan interest rates from the existing 8.50% to 8.25% p.a.
This reduction aims to provide relief to borrowers by lowering EMIs and promoting affordable credit access. In addition to the reduced interest rates, Indian Bank is also offering benefits such as discounted processing fees and zero documentation charges. This initiative reflects Indian Bank’s commitment in providing its customers with accessible and user-friendly financing choices so they can realize their aspirations of owning a home or vehicle.
