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Corporation Bank has marginally cut housing loan interest rates with effect from April 1.
A bank release said here that the interest rate on loans up to Rs 25 lakh for a period up to five years will be 10.75 per cent. This was 10.8 per cent earlier.
Interest rates for other tenures such as five years and up to 10 years; above 10 years and up to 15 years; and above 15 years and up to 25 years remain unchanged at 10.8 per cent, 10.9 per cent, and 11 per cent, respectively.
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