Home Loan Interest Rate: Are you planning to buy a house? Looking for a cheap home loan option to buy a house? Here we are telling how much interest the top 15 banks of the country are offering on home loans. If you are taking a loan up to Rs 75 lakh for 20 years, then your EMI will be this much. Check complete calculation here.
Union Bank of India
Union Bank of India is offering the cheapest home loan. UBI is charging 8.35 percent interest on home loan. 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. Monthly EMI on a 20-year home loan of Rs 75 lakh will be Rs 64,200.
Canara Bank
Canara Bank and Central Bank of India home loans are available at 8.5 percent. 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 loan. Monthly EMI on a 20-year home loan of Rs 75 lakh will be Rs 64,550.
Axis Bank
Axis Bank is offering the cheapest home loan among private sector banks. 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 loan. 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. Monthly EMI on SBI’s 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. 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 loan. Monthly EMI on a 20-year home loan of Rs 75 lakh will be Rs 68,850.
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