Home Loan Interest Rate: If you are also planning to buy your house before the end of 2023, then first know the interest rate of home loan. Recently many banks have revised home loan rates. Due to festival, discount offer on processing fees is being offered till 31st December 2023.
Home Loan Interest Rate: If you are also planning to buy your house before the end of 2023, then first know the interest rate of home loan. Recently many banks have revised home loan rates. Due to the festival, discount offer on processing fees is being offered till 31 December 2023. This means, you have plenty of time to take advantage of home loan discount offers and deals.
Home loan interest rate
Here we are telling you about the home loan interest rates of banks. Know here how much interest is available on home loans up to Rs 30 lakh, Rs 30 to Rs 75 lakh and above Rs 75 lakh.
Home loan interest rate
| Name of bank | up to Rs 30 lakh | 30 to 75 lakh rupees | More than Rs 75 lakh |
| Bank of Baroda | 8.40% – 10.65% | 8.40% – 10.65% | 8.40% – 10.90% |
| Punjab National Bank | 8.55% – 10.25% | 8.50% – 10.15% | 8.50% – 10.15% |
| Punjab and Sindh Bank | 8.50% – 10.00% | 8.50% – 10.00% | 8.50% – 10.00% |
| state Bank of India | 8.40% – 10.15% | 8.40% – 10.05% | 8.40% – 10.05% |
| Union Bank of India | 8.40% – 10.80% | 8.40% – 10.95% | 8.40% – 10.95% |
| Bank of India | 8.30% – 10.75% | 8.30% – 10.75% | 8.30% – 10.75% |
| UCO Bank | 8.45% – 10.30% | 8.45% – 10.30% | 8.45% – 10.30% |
| Bank of Maharashtra | 8.50% – 11.15% | 8.50% – 11.15% | 8.50% – 11.15% |
| Canara Bank | 8.50% – 11.25% | 8.45% – 11.25% | 8.40% – 11.15% |
| Indian Overseas Bank | more than 8.85% | more than 8.85% | more than 8.85% |
(This data has been taken from paisabazaar.com.)
SBI Home Loan Interest Rate
State Bank of India (SBI) is the largest public sector bank in the country. Currently, the bank is offering home loan to its customers at the rate of 8.40 percent per annum with a processing fee of 0.17 percent. Festive offer is going on on SBI home loan. In this, customers are being given a discount of 65 basis points i.e. 0.65 percent on home loan. This discount is applicable on Regular Home Loan, Flexipay, NRI, Salary Class and Upon Home. You can avail this discount of SBI till 31 December 2023.
Festive offer of Bank of Baroda
Bank of Baroda (BOB) has started ‘BOB Ke Sang Festival Ki Umang’ campaign for its customers. This special campaign of Bank of Baroda will run till 31 December 2023. Under this campaign, the bank has launched festive offers on home loan, personal loan, car loan and education loan at very attractive interest rates.
Indian Bank Home Loan Rate
Indian Bank is a public sector bank. It is offering interest at the rate of 8.50 to 9.90 percent on home loans. The processing charge on this is 0.23 percent of the amount.
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