The content is accurate at the time of publication and is subject to change.

Yes there is a legal law that banks have to keep in mind earlier many banks had ranged their interest rate ranging from 12% to 18%, however today this range has increased from 18% to 24%.

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All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products 'Terms & Conditions on the issuing banks' websites.