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Repco Bank slashes interest rates
Highlights
Rate of interest on all types of mortgage loans have been reduced tremendously effecting from Wednesday. Repco Bank has increased rate of interest on term deposit particularly
​Nellore: Repco Bank (Government of India Enterprise) reduced rate of interest on mortgage loans from 14.5% to 13.5%, and rate of interest from 14% to 13.25% on mortgage loan Scheme Mahila Shakthi Loan.
Rate of interest on all types of mortgage loans have been reduced tremendously effecting from Wednesday. Repco Bank has increased rate of interest on term deposit particularly for senior citizens and Mahila Deposit Scheme. The bank appealed the public to utilise the loan schemes and get benefit from
reduced interest rates.
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