<ul data-eligibleForWebStory="false"><li>Bank of Baroda has reduced its home loan interest rates to 7.45% per annum and waived processing fees to boost affordability and credit growth.</li><li>This move follows a previous rate cut in June, indicating a continuous effort to support borrowers with floating-rate home loans linked to the repo rate or external benchmarks.</li><li>The reduction in interest rates and elimination of processing fees aim to make home ownership more accessible, especially to first-time buyers.</li><li>The response is influenced by the Reserve Bank of India's repo rate cuts, with other banks like Punjab National Bank and State Bank of India also reducing home loan interest rates.</li></ul>

Bank of Baroda Slashes Home Loan Interest Rates To 7.45%, Waives Processing Fee

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