Category Archive : Home Loans

Interest Rates on Home Loan of Major Banks (August 2019)

Interest Rates on Home Loan of Major Banks (August 2019)

Home Loan Interest Rates August 2019

Introduction

In this article you will find the Interest Rates on Home Loan of Major Banks in India. These interest rates are as on last updated by the respective websites.

Interest Rates on Home Loans of Major Banks

You can choose the bank which provides lowest interest rates and also which you think has good reputation, great service and easy accessibility.

Given below are the interest rates for home loans offered by major banks for August 2019 :

Interest Rates on Home Loan of Major Banks (August 2019)
Source : Bank Websites
Interest Rates on Home Loan of Major Banks (August 2019)
Source : Bank Websites
Interest Rates on Home Loan of Major Banks (August 2019)
Source : Bank Websites
Interest Rates on Home Loan of Major Banks (August 2019)
Source : Bank Websites

Note:-

  • The above details are as specified by the banks on their website.
  • Some banks have only mentioned a range of the interest rate offered by them. For a more detailed specification will have to contact the bank.
  • The above way of presentation of interest rates is not common to all the banks. It has been standardized for a neat presentation of interest rates. Some banks may have presented the information differently.

summary –

  • Punjab National Bank, Canara bank, Indian Overseas Bank and Oriental Bank of Commerce offer comparatively lower interest rates on home loans provided by them.
  • State Bank of India also lowered its interest rates for home loans up to Rs.30 lakhs.
  • The above list of interest rates on home loans of major banks can help you decide which bank to choose. You can choose the bank which provides lowest interest rates and also which you think has good reputation, great service and easy accessibility.

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