Central Bank of India has introduced Repo Linked Interest Rate (RLIR) in the Bank on Home loan Product and Vehicle Loan Product with effect from September 1, 2019. Existing borrowers will be given an option to switch over to the new repo linked rate at a fee as decided by the Bank.
Central Bank of India is a commercial bank. The bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business.