List of Name of Banks and NBFC are offering Rate of Intrest below 6.99%/https://mortgageloancreditcardinsuranceinvestmentoffer.in/

 

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The Reserve Bank of India kept the repo rate unchanged at 4% in its latest Monetary policy committee (MPC) review on August 6. This means that home loan rates, especially the ones linked to repo rates are unlikely to go up in the near future. For prospective home loan borrowers, no change in rates means that they can borrow at existing lower rates. Also, many prominent banks are coming up with limited period offers to attract homebuyers. For instance, the country’s largest lender is offering a 100 per cent waiver on processing fees on home loans . This is also a great time for existing home loan borrowers to switch to lower interest rates or make pre-payments to reduce their EMI burden.

 

If  you are planning to take a home loan, the list of banks and NBFC offering loans below 6.99%. Do note, the interest rate applicable to you would be determined by your chosen lender depending on your age, income, gender, credit score, loan amount, loan to value ratio, etc

Lowest Home Loan Interest Rates

 Lowest Interest Rate Advertised For Loan Amount Under Rs.30 Lakh

Union Bank of India 6.8

Punjab National Bank 6.8

Central Bank 6.85

HDFC Bank 6.75

ICICI Bank 6.75

Kotak Mahindra Bank* 6.6

Punjab & Sind Bank 6.65

LIC Housing Finance Ltd 6.66

State Bank of India 6.70  

Bajaj Finserv 6.75

Bank of Baroda 6.75

 

Data taken from respective bank websites as on August 10, 2021. Data Compiled by mortgageloancreditcardinsuranceinvestmentoffer.in, India’s leading online marketplace for loans and credit cards,Insurance,Investment .


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