India Markets open in 6 hrs 57 mins

Home Loans Below 7%! Check Out The 10 Lowest Rates In August 2020

Team BankBazaar
·1-min read

Amid a spate of repo rate cuts by the Reserve Bank of India, home loan interest rates offered by banks are continuing to see record lows. So, if you’re planning to take a home loan to fulfil your home-buying aspirations, here are the Top 10 lowest interest rates currently being offered by various banks in the country.

Lowest Home Loan Rates: August 2020

Lender

Lowest Rate

Union Bank of India

6.70

Bank of India

6.85

Central Bank

6.85

Canara Bank

6.90

Punjab & Sind Bank

6.90

ICICI Bank

6.95

State Bank of India

6.95

HDFC Ltd

6.95

Bank of Baroda

7.00

Punjab National Bank

7.00

Disclaimer: Data compiled by BankBazaar.com. Rates as advertised by lender on August 3, 2020. Rates subject to revision at lender’s discretion. List not exhaustive, contains only lowest rates applicable to eligible borrowers. Rates depend on such parameters as borrower’s income and credit profile, gender, loan-to-value ratio, size of the loan, etc.

Do you need help in calculating your home loan EMIs? Use BankBazaar’s Easy Home Loan EMI Calculator today!