2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following bank cuts the home loans to lowest in 6 years
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ICICI Bank
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HDFC Bank
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Axis Bank
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State Bank of India
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Explanation:
Detailed explanation-1: -SBI cuts home loan rate to lowest in 6 years; others may follow suit | Business News, The Indian Express.
Detailed explanation-2: -State Bank of India, HDFC cut home loan rates to 8.4% for new applicants | Business Standard News.
Detailed explanation-3: -The interest rates on mortgage loans range from 8.15% to 11.80% p.a. Usually, the amount of funding you can avail will be up to 60% of the registered value of the property.
There is 1 question to complete.