look news india
News India Live, Digital Desk: Government Bank: Buying your house is a big dream of everyone’s life. Home loan plays the biggest role in realizing this dream. But before taking a home loan, the question comes to everyone’s mind that which bank is giving loans at the lowest interest rate, so that the burden of EMI is minimized.
If you also trust public sector banks and are looking for the cheapest home loan, then this news is for you. We are telling you which government bank is currently offering home loans at the lowest interest.
This government bank is giving the cheapest home loan:
At present, Union Bank of India Is providing home loan at the lowest interest rate.
Interest rates of other major public sector banks:
Come, let’s take a look at the home loan interest rates of other big public sector banks so that you can compare:
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Bank of India (Bank of India): Starts from 8.40% per year
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Punjab National Bank (PNB): Starts from 8.40% per year
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Bank of Baroda (Bank of Baroda): Starts from 8.40% per year
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State Bank of India (SBI): Starting 8.50% per year
The most important thing you should know:
It is very important to note that these interest rates mentioned by banks “Beginner” (starting) There are rates. At what interest rate you will really get a loan depends on many things, such as:
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Your CIBIL Score: The better your credit score, the more you will be likely to get a loan at the low interest rate.
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Loan Amount: How much loan you are taking.
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Your job profile: You are salaried or self-comloyed (do business).
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Female Applicant: Banks often give female applicants a little rebate in interest rate.