Bank of India Cuts MCLR from July 1: Home and Personal Loan EMIs to Get Cheaper
New Delhi – In a move that brings welcome relief to borrowers, Bank of India (BOI) has reduced its Marginal Cost of Funds-based Lending Rate (MCLR) by 5 basis points (0.05%) across multiple tenures. The revised rates came into effect from July 1, 2025, and are expected to lower the EMIs on home loans, personal … Read more
