Citi reduces home loan rate

Citi India announced it will reduce its home loan rate to 8.80 percent from 9.50 percent, effective January 9, 2017. “The reduction in the home loan rate is reflective of our commitment to consumers who may be interested in purchasing under-construction or ready-to-move-in property,” Rohit Ranjan, Head of Secured Lending, Citi India said.