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HomePersonal FinanceHome Loan Interest Rate: Check latest SBI, HDFC, ICICI Bank home loan...

Home Loan Interest Rate: Check latest SBI, HDFC, ICICI Bank home loan interest rates

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Home Loan Interest Rate: The Reserve Bank of India kept interest rates stable in its monetary policy review meeting last week. This time too, no change was made in the repo rate. However, after that some banks revised the MCLR

Home Loan Interest Rate: The Reserve Bank of India kept interest rates stable in its monetary policy review meeting last week. This time too, no change was made in the repo rate. However, after that some banks revised the MCLR. No bank can offer bank loan below MCLR. According to the data received from Bankbazaar.com, this is the interest given on home loan by the top 15 banks of the country. Here it is told that you will have to pay this much EMI every month on a 20-year home loan up to Rs 75 lakh.

Union Bank of India

Union Bank of India is offering the cheapest home loan. UBI is charging 8.35 percent interest on home loan. The monthly EMI on a 20-year home loan of Rs 75 lakh will be Rs 63,900.

Bank of Baroda

Home loans from Bank of Baroda, Punjab National Bank, Indian Bank, Bank of India, IndusInd Bank and IDBI Bank are available at 8.4 percent. The monthly EMI on a 20-year home loan of Rs 75 lakh will be Rs 64,200.

Canara Bank

Home loans from Canara Bank and Central Bank of India are available at 8.5 percent. The monthly EMI on a 20-year home loan of Rs 75 lakh will be Rs 64,650.

Kotak Mahindra Bank

Kotak Mahindra Bank is charging 8.7 percent interest on home loans. The monthly EMI on a 20-year home loan of Rs 75 lakh will be Rs 64,550.

Axis Bank

Among the private sector banks, Axis Bank is offering the cheapest home loan. The monthly EMI on a 20-year home loan of Rs 75 lakh will be Rs 65,7750.

ICICI Bank

ICICI Bank is charging 9 percent interest on home loans. The monthly EMI on a 20-year home loan of Rs 75 lakh will be Rs 66,975.

State Bank of India

India’s largest bank, State Bank of India, is charging 9.15 percent interest on home loans. The monthly EMI on a 20-year home loan of Rs 75 lakh will be Rs 67,725.

HDFC Bank

India’s largest private sector bank, HDFC, is charging 9.4 percent interest on home loans. The monthly EMI on a 20-year home loan of Rs 75 lakh will be Rs 68,850.

Yes Bank

Yes Bank is charging 9.4 percent interest on home loans. The monthly EMI on a 20-year home loan of Rs 75 lakh will be Rs 68,850.

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Sunil Kumar
Sunil Kumar
Sunil Sharma has 3 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done B.Com in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @sunil.izone@gmail.com
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