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Home Loan: Check Which Govt Bank Is Offering The Lowest Interest Rate

Team BankBazaar


Home loan interest rates have been falling in recent months. Many private and public sector lenders have also been slashing their lending rates. If you are planning to take a home loan, here are the interest rates public sector banks are offering.

Institution Under Rs. 30 L Rs. 30 L to 75 L Rs. 75 L plus
Bank of Baroda 7.25-8.25 7.25-8.25 7.25-8.25
Bank of India 7.25-8.15 7.25-8.15 7.25-8.15
Bank of Maharashtra 7.45- 8.6 7.45- 8.6 7.45- 8.85
Canara Bank 7.3-9.3 7.3-9.3 7.3-9.3
Central Bank 7.25-7.35 7.25-7.35 7.25-7.35
Punjab National Bank 7.2-7.45 7.2-7.7 7.35-7.8
Punjab & Sind Bank 7.3-7.65 7.3-7.65 7.3-7.65
State Bank of India 7.35-7.75 7.35-7.9 7.6-8
UCO Bank 7.3-7.4 7.3-7.4 7.3-7.4
Union Bank of India 7.1-7.5 7.1-7.5 7.4-7.55

Data taken from respective bank’s website as on 18 May 2020. Compiled by BankBazaar.com, India’s leading online marketplace for loans and credit cards.