So now that you have finally decided to avail a home loan, it would not be wrong to say that the first dilemma would be to choose the best lender, isn’t it? Yes, as there are plenty of renowned lenders available in the marketplace, there is no denying that it is absolutely not an easy task to choose the one. Different banks offer you different rates depending upon your eligibility.
So, it is definitely a time-taking process to select the best lender. However, if you are someone who is getting confused as which lender is offering the best rate, nothing to worry because below we have mentioned home loan interest rates all banks so that you can easily select the best lender.
For your better understanding below, we have mentioned the interest rates of various banks so that it would be easier for you to make a pick. So, without wasting any time further, let’s get started….
State Bank of India (SBI): Being the largest bank of the country, SBI with its home loan segment rules the roost. By offering this financial product, the lender aims to fulfill the dream home desires of one and all. Talking about the rates, currently, the lender is offering an interest rate of 8.30%-8.60% per annum to all the applicants. It is the lowest home loan interest rates offered by a lender, which will further reduce the EMI and Interest Outgo burden.
Bank of Baroda (BOB): Another prominent name in the home loan arena is BOB. It is a reliable and trustworthy name in the industry, popularly known for offering the best of HL deal to all. As far as home loan interest rates are concerned, they range between 8.30%-9.30% per annum. Yes, which means you can also enjoy the attractive interest rates along with pocket-friendly monthly installments in the future.
LIC Housing Finance: Next in line is a reputed name of LIC Housing Finance, who is in the HL business for many years. The Company has created its own niche in the industry, hence is worldwide famous for its best of products. When it comes to LIC Housing Finance home loan interest rates, they range between 8.35%-8.70% per annum, allowing you to enjoy lower rates along with multiple other benefits.
HDFC Limited: A prominent name in the HL industry, many of you will surely agree on the fact that HDFC needs no introduction. The company believes in fulfilling the dream home wish of many by offering them a home loan online at an interest rate of 8.35% – 9.05% per annum. However, with lower rates, your EMIs and Interest Outgo will also be reduced.
ICICI Bank: If you want to apply for home loan, considering ICICI Bank is a good option. The lender at present is offering the loan at an interest rate ranges between 8.35%-8.85% per annum. Moreover, with competitive rates, affordable EMIs and minimal Interest Outgo, it would not be wrong to say that availing an HL from this lender is going to be a profitable deal for you.
PNB HFL: The moment we think to apply for a home loan, the first thought that strikes the mind is the interest rate. That’s Right! So, if you have decided to avail a loan from this lender, it is obvious that you wanted to know the PNB HFL home loan interest rates first. So, here they are, currently, the lender is offering the HL to one and all at an interest rate of 8.35%-8.50% per annum, ensuring that people enjoy various benefits.
Well, now that you know home loan interest rates all banks online, it would be easier for you to choose the best lender as per your home loan eligibility. Yes, different banks have different eligibility criteria and after knowing the same the lenders then decide the home loan interest rates online for an applicant. So, hope this article was worth reading for you and now you can easily choose the best lender.