Loan Rates Plummet: Golden Opportunity for Home, Car Buyers!

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News18•23-12-2025, 20:27
Loan Rates Plummet: Golden Opportunity for Home, Car Buyers!
- •Union Bank of India slashes retail loan rates: home loans from 7.15%, car loans from 7.50%, personal loans from 8.75%.
- •LIC Housing Finance also offers home loans from 7.15%, making it one of the most affordable options.
- •Rate reductions follow RBI's 25 basis point repo rate cut, now at 5.25%.
- •SBI's home loan rates start from 7.25% after a 0.25% reduction.
- •New rates effective from December 2025, presenting a timely chance for home and car buyers.
Why It Matters: Lower interest rates on home, car, and personal loans create a golden opportunity for buyers.
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