Home Loan Interest Rates India: Buying a house is no longer easy in today’s time. In big cities the prices have reached crores of rupees. That’s why most people take help of home loan from banks. Different banks give loans to their customers at different interest rates.
Due to which there can be a lot of difference in the total expenditure. In such a situation, if you are thinking of taking a home loan, then it would be a wise step to first compare the interest rates of different banks. Let us know about the interest rates of different banks….
Axis Bank Home Loan Rates
Axis Bank is offering home loan facility to its customers at an initial interest rate of about 8 percent. However, this rate is not the same for everyone. Rather, it can change depending on many factors like the customer’s credit score, loan amount and eligibility.
HDFC Bank Home Loan Rates
If you are planning to take a home loan from HDFC Bank, then you can get the loan at an initial interest rate of around 7.75 percent. However, this rate is not fixed and may change depending on the customer’s credit score, loan amount and other eligibility conditions.
Therefore, while taking loan, you can also demand change in interest rates on the basis of these things. In some cases it is seen that the bank gives discount in interest rates to the customers.
Kotak Mahindra Bank Home Loan Rates
Kotak Mahindra Bank is offering home loans to its customers at an initial interest rate of around 7.70 percent. Customers can apply for home loan in this bank on the basis of their profile.
ICICI Bank home loan rates
ICICI Bank is offering home loans to its customers at an initial interest rate of about 7.45 percent. Which includes it among the affordable options. However, this starting rate is not applicable to every customer, as the final interest rate depends on many factors.
Bandhan Bank Home Loan Rates
Bandhan Bank is providing home loans to its customers at an initial interest rate of about 8.41 percent.
Also read: Goldman Sachs’ entry into this real estate company, block deal worth Rs 230 crore; Know the details
