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Home > Forum > Ahmedabad > Home Loan > Home loans cheaper in banks

Home loans cheaper in banks

Q: I heard that Punjab National Bank has announced a reduction in its interest rate on housing loans by how many basic points?

home loans
banks
cheaper
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Ahmedabad Home Loan Home Loan in Ahmedabad
Replies (5)
1
Syndicate Bank, Indian Overseas Bank and Union Bank are offering 15-year Rs. 20-lakhfloating rate home loans at 10.50 per cent while the rate for same would be at least 0.25 per cent more if taken from private banks like Axis or Kotak Mahindra Bank.
Dwarkesh


2
Which are the banks that are providing floating rate home loans at 10.50 per cent and 10.50 per cent?
Abhay


3
A potential customer can take a 15-year floating rate loan of Rs. 20 lakh from SBI at an interest rate of 10.25 per cent,while a similar one from ICICI Bank would cost 10.50 per cent.
Arjun


4
For how many years a customer can take floating rate loan?
Deepak


5
Punjab National Bank has also announced a reduction in its interest rate on housing loans by 25 basis points across the board.
shesha


6

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