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While planning to purchase a house last year, I did some research about home loans. Finally, I landed on the Repco Bank home loan page. I learned that the Repco Bank home loan interest rate would be the right fit for me.
The minimum Repco home finance home loan interest rate is 9.80%. But the main reason why I went for Repco bank would be the benefits provided by them. They have a customer-friendly approach, and their process is hassle-free.
What Is The Repco Bank Housing Loan Interest Rate?
As mentioned above, the Repco housing loan interest rate is 9.80% for up to 30 lakhs. This is applicable in case of re-purchase, takeover, or construction home loans. You can refer to the table below to know about the interest rate if the amount exceeds 30 lakhs.
| Home Loan Interest Rates Repco Bank | ||||
| Income Sources | Upto 30 Lakhs | Upto 75 Lakhs
|
Upto 150 Lakhs | Above 150 Lakhs |
| Documented | 9.80% |
9.95% |
10.10% |
10.30% |
| Non Documented | 10.80% |
10.95% |
11.10% |
11.30% |
The reason I chose Repco Bank home loans is because the process was simple and easy, and I was able to apply online. Besides that, the bank provided comprehensive loan packages and there was no upper limit on home loan quantum.
Though the repco housing loan interest rate is a bit competitive but the whole amount can be easily paid over a tenure of 20 years. I hope the Repco bank home loan interest rate and benefits be of help to you.
Get Quick Disbursal On Proprity For Home Loans Through NoBroker Read More What are REPCO Bank Home Loan Reviews?I recently availed of a commercial real estate (CRE) loan from Repco Home Finance. So I can help you with the Repco Home Finance interest rate. Financing for the purchase of a multi-tenant property intended for rental purposes is facilitated by the CRE loan.
CRE – Commercial Real estate (residential housing) loans (floating rate)
| Income Source | Up to Rs 30.00 Lakhs |
Above Rs 30.00 Lacs & up to Rs 75.00 Lakhs |
Above Rs 75.00 lakhs & up to Rs 150.00 Lakhs |
Above Rs 150.00 Lakhs |
| Documented | 10.80% |
10.95% |
11.10% |
11.30% |
| Non-Documented | 11.80% |
11.95% |
12.10% |
11.30% |
I hope this helps you with the Repco rate of interest for home loan. I’d also like to highlight that any resident Indian with a minimum age of 18 and the maximum age of 70 Years can apply for this CRE loan.
Get Home Loan at Lowest Interest Rate, Max Tenure, Via NoBroker Home Loan ServicesRead More:
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What Is Repco Bank Home Loan Interest Rate?
Shoma
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January 31, 2024
2024-01-31T23:28:53+00:00 2024-02-01T11:48:01+00:00Comment
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