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Planning To Take A Home Loan? Here Are The Latest Interest Rates Of Government Banks

Team BankBazaar
Image source: jcomp/Freepik

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
Allahabad Bank 8.25- 8.65 8.25- 8.65 8.25- 8.85
Andhra Bank 8.15- 8.3 8.15- 8.2 8.15- 8.3
Bank of Baroda 8.0- 9.0 8.0- 9.0 8.0- 9.0
Bank of India 8- 8.9 8- 8.9 8- 8.9
Bank of Maharashtra 8.25- 8.6 8.25- 8.6 8.25- 8.7
Canara Bank 8.05-10.05 8.05-10.05 8.05-10.05
Central Bank 8-8.1 8-8.1 8-8.1
Corporation Bank 8.1-8.2 8.1-8.2 8.1-8.35
Indian Bank 8.2-8.3 8.2-8.4 8.3-8.55
IOB 8.2 8.2-8.3 8.3-8.45
IDBI Bank 8.25- 9 8.25- 9 8.25- 9
Punjab National Bank 7.9-8.35 7.9-8.6 8.05-8.7
Punjab & Sind Bank 8.05-8.4 8.05-8.4 8.05-8.4
State Bank of India 7.9-8.3 7.9-  8.45 8.15-8.55
UCO Bank 8.05-8.15 8.05-8.15 8.05-8.15
Union Bank of India 8-8.3 8-8.3 8.15-8.35
United Bank of India 8-8.15 8-8.15 8-8.15

Data taken from respective bank’s website as on 23 March 2020. Compiled by BankBazaar.com, India’s leading online marketplace for loans and credit cards.