Interest Rates on Share Mortgage Loans Decreasing from Banks

Banks and financial institutions have started to reduce the interest rates on share mortgage loans. Due to prolonged high liquidity, banks and financial institutions have been lowering deposit interest rates. Consequently, the base rates have also decreased, leading to a gradual reduction in the interest rates on share mortgage loans.

Below is the table showing the base rates and the premium rates of various banks :

With the reduction in the base rates, the interest rates on share mortgage loans are gradually decreasing. This is expected to provide further relief to borrowers.