I was looking for the cheapest housing loan in India and thatโs when I stumbled across NoBroker. I was able to check the interest rates, and offers on home loans to draw comparisons. Let me take you through my journey here.
Comprehensive Loan Options:
NoBroker's platform aggregates a diverse range of
cheapest home loan Indiaoptions from various lenders. This comprehensive approach allows users to explore and compare interest rates, terms, and fees effortlessly.
User-Friendly Interface:
The user-friendly interface of NoBroker simplifies the complexities of the home loan search. With intuitive navigation, users can easily understand and compare the details of different loan options in one centralized location.
Efficient Comparison:
NoBroker facilitates an efficient comparison of home loan offerings. The platform presents key information, including interest rates and processing fees, enabling users to make informed decisions without the need for extensive research. The cheapest home loan interest in India depends on your creditworthiness.
Personalized Assistance:
NoBroker goes beyond mere aggregation by providing personalized assistance. The platform understands individual financial needs, offering tailored recommendations to help users secure the most affordable home loans that align with their requirements.
Streamlined Application Process:
NoBroker ensures a hassle-free application process. Users can initiate the loan application directly through the platform, reducing the time and effort typically associated with traditional loan processes.
Using all the information from above, I figured SBI was the best option for me to get the cheapest home loan.ย
Read More:
Can I get a home loan for a chawl room?
To fulfill the goal of homeownership, obtaining a mortgage is a crucial step. Finding the
cheapest home loan rates India
among the numerous financial organizations that offer them is a common goal. The financial issue loomed huge as I was about to turn my dream home into a reality. I studied the nuances of mortgage loans, contrasting interest rates, processing costs, and payback plans. I found a competitive market where lenders were competing to offer the cheapest home loans in India. Although private banks might offer more individualized services, public sector banks frequently have lower interest rates.
Cheap Home Loans In India: Best Prices
| Name of Lender | Up to Rs. 30 Lakh | Above Rs. 30 Lakh & Up to Rs. 75 Lakh | Above Rs. 75 Lakh |
Bank of Baroda |
8.40% โ 10.65% |
8.40% โ 10.65% |
8.40% โ 10.90% |
Punjab National Bank |
8.55% โ 10.25% |
8.50% โ 10.15% |
8.50% โ 10.15% |
Punjab & Sind Bank |
8.50% โ 10.00% |
8.50% โ 10.00% |
8.50% โ 10.00% |
State Bank of India |
8.40% โ 10.15% |
8.40% โ 10.05% |
8.40% โ 10.05% |
Union Bank of India |
8.35% โ 10.80% |
8.35% โ 10.95% |
8.35% โ 10.95% |
Bank of India |
8.50% โ 10.75% |
8.50% โ 10.75% |
8.50% โ 10.75% |
UCO Bank |
8.45% โ 10.30% |
8.45% โ 10.30% |
8.45% โ 10.30% |
Bank of Maharashtra |
8.50% โ 11.15% |
8.50% โ 11.15% |
8.50% โ 11.15% |
Canara Bank |
8.65% โ 11.25% |
8.65% โ 11.25% |
8.55% โ 11.15% |
Indian Overseas Bank |
8.85% onwards |
8.85% onwards |
8.85% onwards |
*As of 25 September 2023
You can contact NoBroker for more affordable home loan options.
Get home loan at lowest interest rates through NoBroker Read More: How to increase home loan EMI in SBI? What is the Home Loan Rate of Interest in Post Office?Authors Of The Question
What are the Cheapest Home Loans in India?
Amiri
๐56Views
September 29, 2023
2023-09-29T18:02:48+00:00 2023-10-05T12:57:53+00:00Comment
2Answers
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