These 7 banks are charging the lowest interest on home loans up to Rs 25 lakh, know
Buying a house has become very expensive these days. In such a situation, most people resort to home loans.
Banks provide loans to eligible customers according to their needs and income. The higher the income, the more home loan you can avail.
If you are also going to take a home loan from any bank to buy a house, then it is very important to know where you will have to pay the lowest interest. You should also check whether any bank is charging you hidden charges and if so, then how much?
Here we have mentioned about five such banks that are charging the lowest interest on the amount of Rs 25 lakh.
SBI, the largest public sector bank, is charging 8.50-9.85 percent interest on home loans. Punjab National Bank charges 8.45-10.25 percent interest on this amount.
ICICI Bank charges interest of more than Rs 8.75 on home loans up to Rs 25 lakh.
Axis Bank and HDFC Bank also charge interest ranging between 8.75 to 13 percent on this amount.
Banks ranging from LIC Housing Finance to PNB Housing Finance are charging interest ranging from 8.50 to 14.50 percent on home loans.
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