Loan against home Jan 2020

Loan against home Jan 2020

Mortgage Loan Interest Levels in India

Cheapest Interest Rate 8.70%
Processing Fee Upto 1% of loan amount
Loan Tenure Upto 15 years
Lowest EMI Per Lakh ? 880 for 20 years
Prepayment Charges Nil fees
  • Choice to get call that is direct HDFC, PNB Housing Finance, Axis Bank, Citibank, ICICI Bank
  • Compare and acquire most readily useful Loan against home rate of interest for salaried and one-man shop
  • Always check your loan eligibility at Loan against home Eligibility Calculator
  • Always check most readily useful provides starting @ 8.70%
  • MyLoanCare will not charge any charges for processing the application. Never spend any money to anybody for the application.
  • Never ever share your OTP with anybody.

Please Re-confirm Your Number

Please Re-confirm Your

Compare Loan Against Property Interest Rates All banking institutions

Bank Loan Against Property Rate Processing Fee
SBI Loan Against Property 9.65percent 1.00percent Max Rs. 50,000
HDFC Loan Against Property 9.40percent 0.25%
ICICI Financial Loan Against Property 10.15% 1.00% Min Rs. 5,000 – Max Rs. 10,000
Axis Bank 11.25% 0.50percent Min Rs. 10,000 – Max Rs. 10,000
Citibank 8.70percent
Indiabulls 10.50per cent 1.00percent Min Rs. 5,000
PNB Housing Finance 10.25% 1.00percent
Standard Chartered Bank 10.10% 1.00percent Min Rs. 10,000
DBS Bank 11.90% 0.50% Max Rs. 10,000
IDBI Bank 10.20% 1.00%
Edelweiss 12.00percent 1.00percent
Central Bank of Asia 11.10per cent 0.50percent Max Rs. 20,000
Piramal Housing Finance 10.10% 0.50percent
Andhra Bank 10.75%
Yes Bank 10.50% 1.00percent
PNB 10.20percent 0.90percent Max Rs. 45,000
DCB Bank 12.72% 1.00percent
Union Bank of Asia 11.50% 0.50%
OBC 10.95% 0.50%
Karur Vysya Bank 12.15% 0.50percent
IndusInd Bank 9.50% 2.00percent
HSBC Bank 9.80% 1.00percent Min Rs. 10,000
DHFL 12.00percent 2.00% Min Rs. 15,000
Corporation Bank 11.35% 1.00percent
Canara Bank 11.70% 1.00percent Min Rs. 5,000 – Max Rs. 50,000
IDFC Very Very First Bank 11.80% 1.00percent Min Rs. 5,000
Allahabad Bank 14.15% 0.53percent Min Rs. 2,670 – Max Rs. 80,100
HDFC Bank 9.75% 1.25per cent Max Rs. 10,000
RBL Bank 13.05% 1.25% Min Rs. 7,500
UCO Bank 10.80% 1.00percent
Southern Indian Bank 10.70% 0.50percent
Lakshmi Vilas Bank 11.65% 1.20percent
Karnataka Bank 10.90%
Indian Bank 12.25% 1.17percent
Federal Bank 11.90% 0.50percent Min Rs. 3,000 – Max Rs. 7,500
Dhan Laxmi Bank 11.55% 1.50per cent Min Rs. 10,000
Cholamandalam 11.50per cent 1.00%
Bank of Asia 10.65% 1.00percent Min Rs. 5,000 – Max Rs. 50,000
Bajaj Finserv 10.20% 1.50%
Indian Overseas Bank 10.85% 0.62percent Min Rs. 890 – Max Rs. 8,900
United Bank of Asia 10.75% 1.00percent
Syndicate Bank 11.50% 0.50% Min Rs. 500
Punjab and Sind Bank 11.30% 1.00percent Min Rs. 2,000 – Max Rs. 50,000
Kotak Bank 9.60% 1.00%
Jammu And Kashmir Bank 12.20% 0.20percent

According to the existing prices, Citibank supplies the mortgage loan interest that is lowest price of 8.70per cent. These prices may differ dependant on the worthiness associated with the home, your career and payment ability. Greater the mortgage quantity, greater could be the interest rate.

From first October 2019, loan against home happens to be connected to outside benchmarking that will be considering repo price. Almost all of the banks have previously connected their home mortgages to Repo Linked Lending Rate for example. RLLR.

RBI has additionally brought NBFC’s beneath the purview regarding the RBI’s Banking Ombudsman scheme. This can assist resolution that is speedy of between clients and NBFC’s and provide a window into the clients to submit their grievances.

About the Author

Leave a Reply