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

Team BankBazaar
·2-min read
Image source: Freepik
Image source: Freepik

Home loan interest rates are on a decline. Many home loan products are now available at sub-7% rates. If you are planning to buy a home through a loan, this is a great time to take a home loan. Take a look at the latest home loan interest rates offered by public sector banks to know which are offering the lower interest rate.

Institution

Under Rs. 30 L

Rs. 30 L to 75 L

Rs. 75 L plus

Bank of Baroda

6.85-7.85

6.85-7.85

6.85-7.85

Bank of India

6.85-7.75

6.85-7.75

6.85-7.75

Bank of Maharashtra

7.05- 8.2

7.05- 8.2

7.05- 8.45

Canara Bank

6.9-8.9

6.9-8.9

6.9-8.9

Central Bank

6.85-7.3

6.85-7.3

6.85-7.3

Indian Bank

7.15-7.25

7.15-7.35

7.25-7.5

IOB

7.05

7.05-7.15

7.15-7.3

IDBI Bank

7.8-8.8

7.8-8.8

7.8-8.8

Punjab National Bank

7-7.25

7-7.35

7.1-7.6

Punjab & Sind Bank

6.9-7.25

6.9-7.25

6.9-7.25

State Bank of India

6.95-7.35

6.95-7.5

7.2-7.6

UCO Bank

6.9-7

6.9-7

6.9-7

Union Bank of India

6.7-7.1

6.7-7.1

6.95-7.15

Data taken from respective bank websites as on 13 July, 2020. Compiled by BankBazaar.com, India’s leading online marketplace for loans and credit cards. Need help in calculating your EMI? Use BankBazaar’s easy home loan EMI calculator.