Dena Bank again reduced interest rates for the second time within 15 days on new home and car loans by 25 basis points. The rate would be 10.70 to 12.25 percent under the revised new offer.
In this festive season Dena bank has reduced interest rates on new housing and car loans by 25 bps in floating rate effecting from October 10. Dena bank first launched the festive offer from October 1 and the rate varied from 11.20 to 12.75 percent in case of floating home loans.
For auto loans up to three years, the new rates will be 13% and for above three years its 13.50%.
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