TOP 5 BANKS OFFERING LOW RATES ON HOME LOANS OVER ₹50 LAKH
Published By MintGenie Team | 02 Feb, 2024
Before applying for a home loan, it is advisable to compare interest rates from various banks to find the most suitable option.
Credit : UNSPLASH
Here are some banks offering the lowest interest rates for home loans above ₹50 lakh:
ICICI Bank
For ICICI Bank, the interest rates on home loans, ranging from ₹35 to 75 lakh, vary between 9.5% to 9.8% for salaried individuals and 9.65% to 9.95% for self-employed borrowers.
HDFC Bank
HDFC Bank offers a standard home loan interest rate ranging from 8.9% to 9.6%, while the special rate varies between 8.55% to 9.10%.
State Bank of India
SBI's home loan interest rates vary based on the borrower's credit score, ranging from 9.15% to 10.05% for different credit score brackets.
Punjab National Bank
PNB's home loan interest rates are 8.40% for credit scores above 800, 9.45% for scores of 750, 9.90% for scores of 700-749, and 11% for lower credit scores.
Bank of Baroda
This state lender maintains a consistent interest rate range for all borrowers, spanning from 8.4% to 10.6%.