6.85% – 8.00% p.a.
Moreover, which Indian Bank is best for home loan?
Best Banks Which Offers Home Loans in India
| S.No | Bank Name | Market Percentage |
|---|---|---|
| 1 | SBI Home Loan | 34.00% |
| 2 | HDFC Ltd | 24.13% |
| 3 | LIC Housing | 05.83% |
| 4 | ICICI Bank | 13.10% |
| Loan Amount | Interest rate | EMI |
|---|---|---|
| Rs.20 lakh | 6.75%* | Rs.17,551 |
Hereof, which bank is offering lowest interest rate on home loan?
Kotak Mahindra Bank
Is Indian bank good for home loan?
Indian Bank offers competitive Home Loan rates with the best EMI of ? 809 per lakh availed at a low-interest rate of 7.55% for a maximum tenure of 20 years. If you are paying an EMI more than ? 809 per lakh, you should consider the option for a loan transfer to Indian Bank from your existing bank.
What is the minimum salary for home loan?
?10,000
Which type of loan is cheapest?
To know
| Car Loan Lender | Interest Rate (in per annum) |
|---|---|
| ICICI Bank | 9.30% – 12.85% |
| HDFC Bank | 7.70% – 13.55% |
| Bank of India | 7.35% – 7.95% |
| IDBI Bank | 8.10% – 8.70% |
Which home loan is better SBI or HDFC?
For
| Category | SBI | HDFC |
|---|---|---|
| Cons | The max loan amount lower as compared with HDFC bank | Higher rates of interest compared to State Bank of India |
What is the EMI for 30 lakhs home loan?
Current EMI for ? 25 Lakh loan is ? 16,049 and EMI for ? 30 Lakh loan is ? 19,259 for a 30 Years year loan at the minimum interest rate.
How much loan I can get if my salary is 25000?
Most lenders determine the maximum loan amount up to 10 times of your monthly salary. If you earn Rs. 25,000 per month, you may become eligible for up to Rs. 2.5 Lakhs.
How much loan can I get if my salary is 15000?
HDB Financial Services offers personal loans of up to Rs. 20 lakh to individuals who earn a minimum income of Rs. 15,000.
What is the EMI for 20 lakhs home loan in SBI?
Here’s the Lowest Calculated
| SBI | 6.80 – 7.70% |
|---|---|
| Bank of Baroda | 6.85 – 7.85% |
| Canara Bank | 6.90 – 8.90% |
| Aadhar Home loan | N.A |
How much loan can I get on 50000 salary?
How much home loan can I get on my salary?
| Net Monthly income | Home Loan Amount |
|---|---|
| Rs.30,000 | Rs.22,37,206 |
| Rs.40,000 | Rs.29,82,941 |
| Rs.50,000 | Rs.37,28,676 |
| Rs.70,000 | Rs.52,20,146 |
How much home loan can I get if my salary is 30000?
Understand your salary:
| Net Monthly Income (?) | Loan Amount (?) |
|---|---|
| ? 30,000 | ? 17,09,806 |
| ? 35,000 | ? 20,46,586 |
| ? 40,000 | ? 23,83,366 |
| ? 50,000 | ? 30,56,926 |
Which type of home loan is best?
Home
| Home Loan Interest Rates May 2021 | |
|---|---|
| Citibank | 6.65% – 7.40% |
| HDFC | 6.75% – 8.00% |
| ICICI Bank | 6.75% – 7.55% |
| Indiabulls Housing Finance Limited | 8.65% |