Business & Finance
Business and Finance
Business and Finance
Thu, November 28, 2024
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Single table to know home loan rates and terms of various companies
- Home loan interest rates are currently at or near peak levels. If you want to lock in the current interest rates and are seeking better returns than those offered by banks, check out Paisabazaar.com's table on company fixed deposits for an overview of the options available in the market.
The article from Business Standard provides a comprehensive comparison of home loan rates and terms offered by various financial institutions in India as of November 28, 2024. It lists key details such as the interest rates, loan tenures, processing fees, and other charges from banks like SBI, HDFC Bank, ICICI Bank, and others, as well as from non-banking financial companies (NBFCs) like Bajaj Housing Finance and PNB Housing Finance. The rates range from as low as 8.40% to over 9.50% per annum, with some banks offering special rates for specific categories like salaried women or existing customers. The article also mentions the flexibility in loan terms, with some lenders offering up to 30 years for repayment, and highlights additional benefits like no prepayment charges for floating rate loans, and the option for balance transfer. This summary table serves as a useful tool for potential homebuyers to compare and choose the most suitable home loan based on their financial situation and preferences.
Read the Full Business Standard Article at [ https://www.business-standard.com/finance/personal-finance/single-table-to-know-home-loan-rates-and-terms-of-various-companies-124112800578_1.html ]
Read the Full Business Standard Article at [ https://www.business-standard.com/finance/personal-finance/single-table-to-know-home-loan-rates-and-terms-of-various-companies-124112800578_1.html ]
