Today we will tell you the information about the Cheapest Home Loan Banks EMI, Processing Fee, Interest Rate!
It is every person's dream to have their own home. But in this era of inflation, it is not easy to take your own home without a home loan.
If you are planning to take a home loan to buy a house, then you must know which bank is offering the cheapest home loan.
Today we are going to give you some of the cheapest home loans offered by the big banks of India that will fulfill your dream of getting a home.
Cheapest Home Loan from these Top 15 Banks
All the rates mentioned below are for 20 years on loan amount of 30 lakhs.
HDFC Bank:
Loan Amount: 30 Lakhs
Time: for 20 years
Interest Rate: 6.70-7.65 percent
EMI: Rs 22,722-24,444
Processing Fee: 0.50% of the loan amount or 3000
Punjab National Bank:
Loan Amount: 30 Lakhs
Time: for 20 years
Interest Rate: 6.75-8.80 percent
EMI: Rs 22,811-26,607
Processing Fee: 0.35% of the loan amount or maximum Rs 15,000
IDBI Bank:
Loan Amount: 30 Lakhs
Time: for 20 years
Interest Rate: 6.75-9.90 percent
EMI: Rs 22,811-28,752
Processing Fee: Up to a maximum of Rs.20,000
Bank of Maharashtra:
Loan Amount: 30 Lakhs
Time: for 20 years
Interest Rate: 6.40-9.55 percent
EMI: Rs 22,191-28,062
Processing Fee: 0.25% or maximum 25000
Bandhan Bank:
Loan Amount: 30 Lakhs
Time: for 20 years
Interest Rate: 6.4-11.5 percent
EMI: Rs 22,191-31,993
Processing fee: 1% or minimum Rs.5,000
Indian Bank:
Loan Amount: 30 Lakhs
Time: for 20 years
Interest Rate: 6.50-7.50 percent
EMI: Rs 22,367-24,168
Processing Fee: 0.20 to 0.40 per cent or minimum Rs.5,000
These are the top 15 banks offering the cheapest home loan! Check out full interest and EMI details here!