Home Loan Interest Rate: Are you planning to buy a house? Looking for cheap home loan options to buy a house? Here we are telling you how much interest the top 15 banks of the country are paying on home loans. If you are taking a loan of up to Rs 75 lakh for 20 years, then your EMI will be this much. Check the 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. The monthly EMI on a 20-year home loan of Rs 75 lakh will be Rs 63,900.
Bank Of Baroda
Home loans are available at 8.4 per cent from Bank of Baroda, Punjab National Bank, Indian Bank, Bank of India, IndusInd Bank and IDBI Bank. The monthly EMI on a 20-year home loan of Rs 75 lakh will be Rs 64,200.
Canara Bank
Home loans are available at 8.5% in Canara Bank and Central Bank of India. 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% 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% 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 from SBI 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% interest on home loans. The monthly EMI on a 20-year home loan of Rs 75 lakh will be Rs 68,850.