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Bank of Baroda lowers car and mortgage loan interest rates, making big purchases cheaper.
Bank of Baroda has lowered car loan interest rates to 8.15% per annum from 8.40%, making car purchases cheaper ahead of the festive season.
The bank also reduced mortgage loan interest rates from 9.85% to 9.15%.
These reductions follow a rate cut by the Reserve Bank of India, aiming to make car and property loans more affordable for customers.
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Bank of Baroda reduce las tasas de interés de los préstamos hipotecarios y de automóviles, haciendo que las grandes compras sean más baratas.