Home loan interest rates offered by different banks to its customers in India. The normal range of Home loan interest rates are from 8.35% to 14.00%. In this race, Government banks along with some private numbers and financial institutions are running in a front panel by offering lowest interest rates on home loans @ 8.35% to 14.00%. The front runners are SBI, ICICI, Standard chartered bank and LIC. SBI and ICICI bank has given a privilege to its women borrowers by providing them a home loan interest rate at 8.35% and 9.50% which is 0.05% lesser than the home loan interest rate provided to the male borrowers. So, women are going to be benefited with this revolution in home loan interest rate and this will encourage women to put a hand for buying her own house.
TN Online facilitates you to compare the home loan interest rates offered by different banks and then to take the most important decision of your life. After comparing the interest rates offered by different banks, you can also calculate your EMI based upon that by just entering few particulars in the EMI calculator provided by the TN Online. This calculation will help you decide the loan amount that you can easily pay off and the loan tenure in which you can easily pay off the debt without compromising on your other needy expenses.
|Bank Name||Interest Rates||Processing Fees Range|
STATE BANK OF INDIA
|10.99% - 17.99% Floating||2.25% (min. 1499 + applicable tax)|
|8.40% - 8.85% Floating||0.5% (max. 11,800) One time fee|
TNonline team work hard to bring the infomation for TN residents and at the same time it is rely on other companies/vendors/partners for in the information, so please check back with that bank/vendor for exact rates, as they might have changed recently.
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