Find the best Home Loan Offers at BanksDirect!

by | Mar 19, 2021 | Home Loan | 0 comments


2020 has been a rough year for the lower middle class, middle-class families, and senior citizen
. But the good news is that several banks have announced a deep cut on home loan. Currently, lowest home loan interest rates are starting @ 6.70%. Seems like, the banks have lowered their borrowing rates and because of this the home loans rates will fall down to their lowest point in last six years. So for example, if you take a home loan of Rs 75 lakh which was earlier available at 9.1%, currently will now be available at 6.70%.

Take a look at the list of banks and their new home loan interest rate:

Bank Interest Lowest EMI Per Lakh
SBI Home Loan 6.70% ₹ 645
HDFC Home Loan 6.70% ₹ 645
Bank of Baroda Home Loan 6.85% ₹ 655
ICICI Bank Home Loan 6.70% ₹ 645
Axis Bank Home Loan 6.75% ₹ 649
PNB Housing Finance 7.35% ₹ 689
LIC Housing Finance 6.90% ₹ 659
Bajaj Finserv 6.90% ₹ 769
Sundaram Home Finance 6.90% ₹ 769
Kotak Bank 6.65% ₹ 754
Yes Bank 8.95% ₹ 836
Syndicate Bank 6.90% ₹ 659
IDFC First Bank 8.50% ₹ 769
Federal Bank 7.65% ₹ 710
DCB Bank 10.24% ₹ 981
Aadhar Housing Finance 11.00% ₹ 952
Central Bank of India 7.30% ₹ 686
Piramal Housing Finance 9.00% ₹ 805
Bank of India 6.95% ₹ 662
Allahabad Bank 8.25% ₹ 852
United Bank of India 6.95% ₹ 662
RBL Bank 10.45% ₹ 941
Karur Vysya Bank 7.45% ₹ 736
Indian Overseas Bank 7.05% ₹ 669
HSBC Bank 6.74% ₹ 690
Edelweiss 10.50% ₹ 944
DBS Bank 7.30% ₹ 793
Aavas Financiers 8.00% ₹ 734
Canara Bank 6.90% ₹ 659
IIFL 8.45% ₹ 765
Indiabulls 9.25% ₹ 856
Union Bank of India 8.25% ₹ 751
PNB 6.95% ₹ 662
South Indian Bank 8.05% ₹ 737
Punjab and Sind Bank 8.05% ₹ 737
Lakshmi Vilas Bank 9.70% ₹ 945
Karnataka Bank 8.55% ₹ 772
Indian Bank 7.55% ₹ 809
GIC Housing Finance 10.25% ₹ 982
Dhan Laxmi Bank 7.40% ₹ 799
Corporation Bank 6.80% ₹ 652
Bank of Maharashtra 7.00% ₹ 665
Tata Capital 6.90% ₹ 659
Andhra Bank 6.80% ₹ 652
LT Housing Finance 7.70% ₹ 713
Standard Chartered Bank 7.99% ₹ 836
UCO Bank 6.90% ₹ 659
Reliance Capital 10.00% ₹ 878
OBC 6.95% ₹ 704
Jammu And Kashmir Bank 7.20% ₹ 910
IDBI Bank 7.40% ₹ 692

With this good news, we at BanksDirect thrive to provide the best loan assistant to all our new customers or homebuyers who will now be able to take advantage of cheaper home loans and other forms of lending rates. Don’t think twice or be laid-back grab on for more reasons to feel joyous in the beginning of the year.

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