Find cheap home loans from these banks | Fusion - WeRIndia

If you are looking for home loans, then consider the following banks as these banks offer home loans at cheaper rates than other banks. While opting for home loans, you should also consider the processing fees and down payment in addition to interest rates. Interest rates vary based on the tenure of the loan as well. If you take home loan of up to Rs.30 lakhs, then the interest is as follows from various banks for Rs.1 lakh.

State Bank of India is not providing fixed interest rate for 15 years and 20 years tenure. Floating interest rates are Rs.1,047 for 15 years and Rs.935 for 20 years.

Punjab National Bank fixed interest rates are Rs.1,081 and Rs.972 for 15 and 20 years respectively. Floating rates are Rs.1,050 and Rs.935 for 15 and 20 years respectively.

HDFC offers fixed interest rates in the initial years in some cases, later the interest rates will be changed as per the applicable rates. HDFC floating rates are Rs.1,047 and Rs.935 for 15 and 20 years respectively.

Fixed home loan rates for ICICI are Rs.1,059 and Rs.949 for 15 and 20 years respectively. Floating interest rates Rs.1,047 and Rs.935 for 15 and 20 years respectively.

Axis Bank fixed interest rates are Rs.1,184 and Rs.1,084 for 15 years and 20 years respectively. The floating interest rates are Rs.1,053 and Rs.942 for 15 years and 20 years respectively.

Bank of Maharashtra is not offering fixed interest for 15 and 20 years tenure, and the floating rates are Rs.1,056 and R. 945 for 15 and 20 years respectively.

The customers of Bank of Baroda do not have the option of getting home loans at fixed interest rates for 15 years and 20 years tenure. And the floating interest are Rs.1,053 and Rs.942 for 15 and 20 years respectively.

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