Top 8 banks offering low interest rates on home loans; check full list here

​Top 8 banks offering low interest rates on home loans; check full list​

Jun 27, 2024

By: Ira Alok Puranik

Credit: iStock

Kotak Mahindra Bank

The bank offers home loan at an interest rate of 8.7% p.a. For salaried individuals, a processing fees of up to 0.5% of loan amount+ taxes is charged.

Credit: iStock

Canara Bank

The bank offers home loan at an interest rate of 8.4% p.a. A processing fees of up to 0.5% of loan amount is also charged.

Credit: iStock

Axis Bank

The bank offers home loan at an interest rate of 8.75% p.a. It also charges a processing fees of up to 1% of loan amount, or a minimum of Rs 10,000. ​

Credit: iStock

IDFC First Bank

The bank offers home loan at an interest rate of 8.75% p.a. The processing fees can be up to 3% of the loan amount. ​

Credit: IDFC Bank

Federal Bank

The bank offers home loan at an interest rate of 8.8% p.a. It also charges a processing fees of up to 0.5% of loan, with the minimum amount being Rs 10,000, and the maximum amount being Rs 20,000.​

Credit: Federal Bank

Bank of India

The bank offers home loan at an interest rate of 8.30% p.a. It does not charge any processing fee.​

Credit: Bank of India

Union Bank of India

The bank offers home loan at an interest rate of 8.4% p.a. It also charges a processing fees of up to 0.5% of loan amount.​

Credit: Union Bank of India

Punjab National Bank

The bank offers home loan at an interest rate of 9.4% p.a. It does not charge any processing fee. ​

Credit: Punjab National Bank

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