Home Loan: If you are dreaming of buying your own house, know in which bank you will get the cheapest loan.

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Home loan can help

In today’s time, everyone wants to have their own house. But, it is not possible to make big savings in times of inflation. In such a situation, home loan from the bank can help you.

Match the rate of interest

However, before taking a loan, it is important to compare the rates of interest on loans of different banks. With this you will be able to take a cheap home loan.

Bank of India Home Loan

Home loan from Bank of India, which is among the five big banks of the country, starts at interest rates starting from 8.30% per annum. You can be given a loan for up to 30 years and up to 90 percent of the property value.

HDFC Bank

The interest rate for home loans ranging from Rs 30 lakh to Rs 75 lakh by HDFC Bank, one of the largest private banks in the country, is 8.35%. However, the interest rate may increase or decrease as per the CIBIL score.

Bank of Baroda

Home loan rates in Bank of Baroda can range from 8.40 percent to 10.60 percent. Banks charge equal interest rates from employed and non-employed people.

SBI Home Loan

Home loan interest rates from State Bank of India, the country’s largest private bank, start from 8.40 percent per annum. In this, women also get a concession of 0.5%. You can take loan for 30 years.

PNB Home Loan

Punjab National Bank also provides cheap homes to its customers. Home loan can be given by the bank at an annual interest rate ranging from 8.45 percent to 10.25 percent. However, if your CIBIL score is good then the interest may also be less.

,Source- Paisabazaar.com,

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