GE Money raises its interest rates on mortgages

New Delhi, Feb 26 (UNI) GE Money, the consumer finance unit of the General Electric Company (GE), today announced an increase in its reference rate by 0.75 per cent from March 1.

This increase in the floating reference rate is on account of changed financial market parameters with respect to borrowing costs, it said.

GE Money is one of the leading providers of financial services to consumers and retailers in India, offering a range of innovative financial products to suit its customer's needs.

It has a retail distribution network in over 5,500 outlets across 70 locations and has a wide range of products including car, two-wheeler finance, consumer durable finance, personal loans and loan against property and home loan.

UNI