Home Loan Festive Offers: Choosing the best and affordable home loan is the most difficult task for those who dream of buying their own home. There are many government and private banks in the country which provide home loans. For this, these banks also provide some different facilities along with different interest rates which can be according to the needs of the home loan borrowers.
Here you can know about the home loan offerings of some big and special banks of the country and some of them are giving special festive offers through which home loans can be availed at concessional rates at this time. Take a look at these festive offers-
Bank of Baroda
- Under the festive home loan offer of Bank of Baroda or BoB, loans are starting from 8.40 percent.
- Under special offers, special interest rates are being offered for government projects or for fully completed projects with takeover cases.
- Special interest rates are being offered for women loan holders and lower interest rates are being offered for salary accounts, business accounts and family account holders.
- Concessional upfront fees with zero processing fees
State Bank of India
The country’s largest government bank SBI is providing home loans at zero processing fees and concessional interest rates.
HDFC Bank, which is the largest private bank in the country, is offering home loans at interest rates of 8.35 percent.
Offering 50 percent off on processing fees.
Central Bank of India
Central Bank of India has offered home loan at an interest rate of 8.35 percent.
Apart from zero processing charges, no prepayment charges are being charged.
Punjab National Bank
PNB customers can take home loan at interest rates of 8.40 percent.
Customers can take advantage of zero processing fees and documentation charges.
The bank also provides the facility of zero legal and valuation charges in case of home loan takeover.
IndusInd Bank customers can take repayment tenure for 30 years.
Special and specialized offers are being given for NRI customers.
Canara Bank has offered home loans at the rate of 8.40 percent.
The bank is offering special festive benefits through zero processing and documentation charges.
Axis Bank is waiving up to 12 EMIs for select home loan products.
Union Bank customers can take home loan at zero processing fees.
Bank of India
Bank of India is charging interest rate of 8.30 percent for home loan.
The bank also offers zero prepayment facility.
Tips for first time home loan takers
If you are taking a home loan for the first time, then you should pay attention to the interest rates of all the good banks as well as the parameters mentioned above. You should also carefully consider the processing fees, prepayment charges, EMI waiver and documentation charges etc. and choose the best home loan for yourself.
read this also