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Plan to take a home loan? These banks offer lowest interest rates

Srinagar: Do you plan to take a home loan to buy or build your dream house?

Here is the list of the leading banks, the interest rates offered and the projected monthly installments for a home loan of Rs 30 lakh over a period of 20 years:

HDFC Bank provides an interest rate range of 8.70% onwards, with EMIs from Rs 26,416.

Bank of India offers an interest rate range of 8.30% to 10.75%, with the EMI ranging from Rs 25,656 to Rs 30,457.

Bank of Maharashtra has interest rates between 8.35% and 11.15%, resulting in EMIs from Rs 26,283 to Rs 30,762.

Union Bank of India offers interest rates from 8.35% to 10.75%, with EMIs ranging from Rs 26,283 to RS 30,457.

Bank of of Baroda’s interest rates vary from 8.40% to 10.65%, with EMIs between Rs 25,845 and Rs 30,153.

State Bank of India has interest rates between 8.40% and 10-15%, resulting in EMIs from Rs 26,035 to Rs 28,258.

Punjab National Bank provides interest rates from 8.45% to 10.25%, with EMIs ranging from Rs 25,845 to Rs29,150.

Canara Bank has an interest rate range of 8.50% to 11.25%, with EMIs from Rs 25,845 to Rs 31,478.

Axis Bank offers a fixed interest rate of 8.75% to 13.30%, resulting in an EMI of Rs 26,511.

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