Home loan interest rates have been falling. If you are planning to take a home loan from a public sector bank, take a look at interest rates they are offering.
|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|
|Punjab National Bank||7-7.25||7-7.35||7.1-7.6|
|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|
|Union Bank of India||6.7-7.1||6.7-7.1||6.95-7.15|
Data taken from respective bank websites as on 29 June, 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.