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% |
One may also ask, what is the interest rate of home loan in Corporation Bank?
8.85%
| Loan Amount | Corporation Bank Home Loan Interest Rate |
|---|---|
| Upto Rs. 25 Lakh | 8.85% |
| Rs. 25 Lakh – 75 Lakh | 8.85% |
| Rs. 75 Lakh – 2 Cr | 8.85% |
| Above Rs. 2 Cr | 9.10% |
Moreover, which bank is best for home loan in Bangladesh?
Best Home Loans
- Eastern Bank Limited Home Loan. Shortest loan processing time. …
- EBL Home Credit. A loan package having lowest interest rate. …
- BRAC Bank Home Loan. …
- City Bank Limited Home Loan. …
- IFIC Home Loan. …
- Dhaka Bank Home Loan. …
- Mutual Trust Bank Limited Home Loan. …
- Trust Bank Limited Apon Nibash Loan.
What is the EMI for 20 lakhs home loan?
EMIs on a 20 lakh home loan for 30 years
| Loan Amount | Interest rate | EMI |
|---|---|---|
| Rs.20 lakh | 6.75%* | Rs.17,551 |
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% |
What is maturity amount in fixed deposit?
The maturity amount is what one gets at the end of the FD tenure. It consists of the total interest earned on the principal (deposit amount).
What is the interest rate for crop loan?
Agriculture Loan Interest Rate
| Bank | Rate Of Interest |
|---|---|
| SBI | 7.25% onwards |
| ICICI Bank | 9.35% onwards |
| Central Bank of India | 10.25% onwards |
| Union Bank of India | 7.30% onwards |
How can I check my home loan balance in Corporation Bank?
A person can check the loan status by calling the number 1800 425 3555 for any financial queries including home loan.
How do I calculate the interest rate on a loan?
Calculating interest on a car, personal or home loan
- Divide your interest rate by the number of payments you’ll make in the year (interest rates are expressed annually). …
- Multiply it by the balance of your loan, which for the first payment, will be your whole principal amount.
What is PLR in home loan?
The Reserve Bank of India (RBI) introduced the Benchmark Prime Lending Rate in financial year 2003-04. The PLR is the rate on which commercial banks lend to their most trustworthy and creditworthy customers.
What is HDFC home loan rate?
HDFC offers home loans with EMIs starting from ?649 per lac and interest rates starting from 6.75%* p.a. with additional features such as flexible repayment options and top-up loan.
How much home loan can I 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.
Can I get a 100% home loan?
A 100% home loan allows you to borrow the full purchase price of a property without saving for a deposit. Typically you do not need to demonstrate a savings history, and only require funds to cover the transaction costs such as legal fees and any statutory charges such as stamp duty.
Which bank has lowest interest rate for home loan?
Kotak Mahindra Bank