Breaking News, Latest News, World News, India News, Cricket, Videos & Photos

Interest rates on home loans have come down drastically, know the interest rates of different banks

If you are thinking of buying a house, this is a good time. Interest rates on home loans have come down significantly. At the same time, stamp duty rates have also fallen in some states like Maharashtra and Karnataka. Recently, State Bank of India (SBI) reduced its interest rate to 6.7 per cent for home loans up to Rs 75 lakh and 6.75 per cent for home loans above Rs 75 lakh. However, this interest rate is for customers with high CIBIL scores. Kotak Mahindra Bank is also offering a very attractive interest rate on home loans.

Here are the interest rates on home loans of some banks and housing companies, which are offering relatively low interest rates in the market. It has a loan amount of Rs 75 lakh and a term of 20 years.

Kotak Mahindra Bank

The bank is offering 6.65 percent interest rate on home loans from qualified creditors. The loan amount of Rs 75 lakh and EMI for a period of 20 years will be Rs 56,582. 

State Bank of India

The bank is offering 6.70 per cent interest rate on home loans from qualified creditors. The loan amount of Rs 75 lakh and EMI for a period of 20 years will be Rs 56,805.

ICICI Bank

The bank is offering 6.75 percent interest rate on home loans from qualified creditors. The loan amount of Rs 75 lakh and EMI for a period of 20 years will be Rs 57,027.

Hdfc

Here 6.75 percent interest rate is being offered on home loans from qualified creditors. The loan amount of Rs 75 lakh and EMI for a period of 20 years will be Rs 57,027.

Punjab National Bank

The bank is offering 6.80 per cent interest rate on home loans from qualified creditors. The loan amount of Rs 75 lakh and EMI for a period of 20 years will be Rs 57,250.

Tata capital

Here 6.80 percent interest rate is being offered on home loans from qualified creditors. The loan amount of Rs 75 lakh and EMI for a period of 20 years will be Rs 57,250.

Bank of Baroda

The bank is offering 6.85 percent interest rate on home loans from qualified creditors. The loan amount of Rs 75 lakh and EMI for a period of 20 years will be Rs 57,474.  

Central Bank of India

The bank is offering 6.85 percent interest rate on home loans from qualified creditors. The loan amount of Rs 75 lakh and EMI for a period of 20 years will be Rs 57,474.

Bank of India

The bank is offering 6.85 percent interest rate on home loans from qualified creditors. The loan amount of Rs 75 lakh and EMI for a period of 20 years will be Rs 57,474.  

Bajaj Finserv

Here 6.90 percent interest rate is being offered on home loans from qualified creditors. The loan amount of Rs 75 lakh and EMI for a period of 20 years will be Rs 57,698. 

LIC Housing Finance

Here 6.90 percent interest rate is being offered on home loans from qualified creditors. The loan amount of Rs 75 lakh and EMI for a period of 20 years will be Rs 57,698. 

IDBI Bank

The bank is offering 6.90 percent interest rate on home loans from qualified creditors. The loan amount of Rs 75 lakh and EMI for a period of 20 years will be Rs 57,698. 

Axis Bank

The bank is offering 6.90 percent interest rate on home loans from qualified creditors. The loan amount of Rs 75 lakh and EMI for a period of 20 years will be Rs 57,698.

Canara Bank

The bank is offering 6.90 percent interest rate on home loans from qualified creditors. The loan amount of Rs 75 lakh and EMI for a period of 20 years will be Rs 57,698.