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Home CURRENT AFFAIRS BUSINESS Unveiling the Best Deals! Discover Which Banks Offer the Lowest Home Loan...

Unveiling the Best Deals! Discover Which Banks Offer the Lowest Home Loan Rates, Check Here

See which banks are providing the most affordable and competitive options for your dream of owning a home by researching the landscape of home loan interest rates.

Home Loan

Home Loan: If you intend to purchase a home before the end of 2023, you should first familiarise yourself with the home loan‘s interest rate. Numerous banks have changed the rates on home loans recently. The festival is providing a discount on processing fees through December 31, 2023. This implies that you have lots of time to take advantage of special offers and discounts on home loans.

Bank Interest Rates Decoded

We are going to inform you about bank interest rates on home loans. Find out here the interest rates on home loans up to Rs 30 lakh, Rs 30 to Rs 75 lakh, and Rs 75 lakh and above.

BanksUp To Rs 30 lakh30 to 75 LakhMore Than Rs 75 lakh
Bank of Baroda8.40% – 10.65%8.40% – 10.65%8.40% – 10.90%
Punjab National Bank8.55% – 10.25%8.50% – 10.15%8.50% – 10.15%
Punjab and Sindh Bank8.50% – 10.00%8.50% – 10.00%8.50% – 10.00%
state Bank of India8.40% – 10.15%8.40% – 10.05%8.40% – 10.05%
Union Bank of India8.40% – 10.80%8.40% – 10.95%8.40% – 10.95%
Bank of India8.30% – 10.75%8.30% – 10.75%8.30% – 10.75%
UCO Bank8.45% – 10.30%8.45% – 10.30%8.45% – 10.30%
Bank of Maharashtra8.50% – 11.15%8.50% – 11.15%8.50% – 11.15%
Canara Bank8.50% – 11.25%8.45% – 11.25%8.40% – 11.15%
Indian Overseas Bankmore than 8.85%more than 8.85%more than 8.85%
The source of this information is paisabazaar.com

Avail the Best Rates and Festive Discounts

The biggest public sector bank in the nation is State Bank of India (SBI). Customers of the bank can currently obtain a home loan at an annual rate of 8.40 percent plus a 0.17 percent processing fee. There’s a festive offer available for SBI home loans. Customers who take advantage of this will receive a home loan discount of 65 basis points, or 0.65%. This discount is available for NRI, Upon Home, Regular Home Loan, Flexipay, and Salary Class. This SBI discount is available to you through December 31, 2023.

Bank of Baroda’s Festive Extravaganza

The “BOB Ke Sang Festival Ki Umang” campaign has been launched by Bank of Baroda (BOB) for its clientele. The Bank of Baroda’s special campaign will run until December 31, 2023. The bank is offering extremely appealing interest rates on home loans, personal loans, auto loans, and education loans as part of this campaign.

Indian Bank’s Home Loan Delight

Indian Bank is a bank in the public sector. It is providing home loans with interest rates ranging from 8.50 to 9.90 percent. This has a processing fee of 0.23 percent of the total.

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