Lending rates – Indian Bank | Your Own Bank :: Financial services company. 1800 425 00 000. Bank’s Profile. e-Allahabad Bank Journey. Vision and Mission. MD & CEO’s Profile. ED’s Profile. Board of Directors. Chief Vigilance Officer. Best Bank for Home Loan in India 1. SBI Home Loan. SBI finances up to 90% of property’s cost at 8.40% p.a. onwards for tenures up to 30 years. The bank offers special home loan products for defence personnel, government employees, non-salaried individuals, applicants buying ‘green’ homes and individuals living in hilly/tribal areas. For calculating the EMI (Equated Monthly Installment) for a home loan in India, we must also consider the loan amount, interest rate and loan period. To get accurate EMI estimate, visit the website of Bank of Maharashtra & calculate the precise EMI cost using home loan EMI calculator. Home Loan Kotak Mahindra Bank offers a range of home loans in India to help individuals purchase their dream homes. As a significant investment, we understand the importance of making the right decision, which is why we provide comprehensive information on home finance, including interest rates, eligibility criteria, and customisable loan offerings. Interest Rate (p.a.) Up to Rs 2 lakh. 8.80%. Above Rs 2 lakh and up to Rs 10 lakh. 9.45%. Above Rs 10 lakh and less than Rs 50 lakh. 9.85%. In case of MSE loan products less than Rs 50 lakh, the above rate or rate as per the product, whichever is less, is applicable. Standard Chartered Bank Home Loan. Standard Chartered Bank offers home loans at interest rates starting from 8.65% p.a. for loan amounts of up to Rs 35 crore and repayment tenures of up to 30 years. The bank offers a Home Loan Programme, under which the customers can avail refinance on payments within 6 months of property purchase.
Bank of India loan rates According to Bank of India’s website, “The effective RBLR w.e.f from 30/09/2022 is 8.75% as per the revised Repo rate (5.90%).” The bank has also hiked the MCLR by 10-20 basis points on certain tenors. Given below are the latest MCLR rates effective from October 1, 2022: The bank has also hiked its base rate by 0.20%.
