Last Upgraded: November 15, 2022, 11:07 IST
The State Bank of India provides home mortgage at 8.55 percent interest per year and with processing costs of 0.35 percent onwards.
Bank of Baroda has actually slashed its rates of interest by 25 basis points (bps) for choose debtors.
The Bank of Baroda just recently revealed concessions on mortgage rates of interest. The general public sector bank has actually slashed its rates of interest by 25 basis points (bps) for choose debtors. Based on the adjustment, BOB will provide home mortgage at a rate of interest of 8.25 percent per year. The modification in the rates of interest is in impact from November 14. In addition to the Bank of Baroda, have a look at the rates of interest on home mortgage by other leading Indian banks listed below:
The State Bank of India provides home mortgage at 8.55 percent interest per year and with processing costs of 0.35 percent onwards.
The Kotak Mahindra Bank’s rate of interest is 7.50% p.a. and onwards for home mortgage with processing costs of 0.50%.
The Citi Bank charges 6.65% p.a. interest for home mortgage with processing costs of Rs 10,000.
The Union Bank of India provides home mortgage at a rate of interest of 8.25% p.a. and onwards.
The Reserve Bank of India’s rate of interest varieties from 7.20% p.a. to 7.65% p.a. with processing costs of Rs 20,000.
The Bank of India provides home mortgage at a rate of interest of 7.30% p.a. and onwards.
The HDFC bank provides home mortgage at a rate of interest of 8.60% p.a. and onwards with processing costs of 0.5% or Rs 3,000, whichever is greater.
The Axis Bank’s rate of interest on home mortgage stands at 7.60% p.a. and onwards with processing costs of Rs. 10,000.
The Canara Bank’s mortgage rate of interest is at 8.10% p.a. and onwards with processing costs of 0.50% of the loan quantity.
The Punjab National Bank provides home mortgage at a rate of interest of 7.50% p.a. and onwards with a complete waiver center on processing charges.
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