India Markets open in 9 hrs

Home Loan Interest Rates At Historic Low. Check The Latest Interest Rates Here

Team BankBazaar
·2-min read
Photo: www.pixabay.com
Photo: www.pixabay.com

Home loan interest rates are on a decline. Many home loan products are now available at sub-7% rates, which is a historic low. 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

7.55-7.65

7.55-7.75

7.65-7.9

Indian Overseas Bank

7.45

7.45-7.55

7.55-7.7

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 6 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.