Banks charging lowest rate of interest on home, housing loans

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Banks Charging Lowest Rate of Interest on Home Loans / Housing Loans

COMPARISON OF HOME LOAN / HOUSING LOAN INTEREST RATES BY INDIAN BANKS - 2011

(Check Lowest Rate of Interest charged by Banks in India / Minimum Rate of Interest charged by Indian Banks. Best Home Loan Interest)

Which Banks Charges the Lowest Interest on Home Loans / Housing Loans in 2011 ? Best Rate of Interest on Housing Loans in India ? Comparative Housing Loan Interest Rates. Latest Home Loan Interest by Banks in India

We give below the Lowest Rate of Interest on Housing / Home Loans :-

Name of the Bank	ROI (% p.a.) - Floating	Duration of Home Loan	Rate Applicable for Loan Amounts
City Union Bank	9.50%	upto 5 years	Upto Rs. 20 lakhs.
Punjab and Sind Bank	9.75%	upto 5 years	Upto Rs. 20 lakhs.
Bank Of India	10.00%	upto 5 years	Upto Rs. 25 lakhs.
Bank Of India	10.00%	5-10 years	Upto Rs. 25 lakhs.
Bank Of Maharashtra	10.00%	upto 5 years	Upto Rs. 30 lakhs.
Punjab and Sind Bank	10.00%	5-15 years	Upto Rs. 20 lakhs.
Punjab and Sind Bank	10.00%	upto 5 years	Between Rs. 20 and 30 lakhs.
City Union Bank	10.00%	upto 5 years	Between Rs. 20 and 25 lakhs.
City Union Bank	10.00%	5-10 years	Upto Rs. 20 lakhs.
State Bank Of Travancore	10.25%	upto 25 years	Upto Rs. 30 lakhs.
State Bank Of Hyderabad	10.25%	upto 5 years	Upto Rs. 30 lakhs.
State Bank Of Hyderabad	10.25%	5-15 years	Upto Rs. 30 lakhs.
Bank Of India	10.25%	10-15 years	Upto Rs. 25 lakhs.
Bank Of India	10.25%	15-20 years	Upto Rs. 25 lakhs.

The above chart only gives a rough idea as to which banks are charging the lowest rate of interest at present on fresh Housing Loans / Home Loans. The above banks may not be offering the best rate of interest on housing loans in other tenures / periods. Moreover, a number of banks change their loan rates without informing appropriately to media, and some even do not update the websites promptly. Therefore, it is advised that before taking a final decision, you must check with the concerned bank for the rates applicable for the desired loan.

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DIRECT LINKS FOR HOUSING LOAN / HOME LOANS FOR DIFFERENT BANKS (links to be provided soon)

S.No.	Name of the Bank
1	Allahabad Bank
2	Andhra Bank
3	Axis Bank
4	Bank of Baroda
5	Bank of India
6	Bank of Maharashtra
7	Canara Bank
8	Catholic Syrian Bank
9	Central Bank of India
10	City Union Bank
11	Dena Bank
12	Federal Bank
13	HDFC Bank
14	ICICI Bank
15	IDBI Bank
16	Indian Bank
17	Indian Overseas Bank
18	Indus Ind Bank
19	J&K Bank
20	Karnataka Bank
21	Karur Vysya Bank
22	Kotak Bank
23	Lakshmi Vilas Bank
24	Punjab National Bank
25	Punjab and Sind Bank
26	South Indian Bank
27	State Bank of Hyderabad
28	State Bank of India
29	State Bank of Patiala
30	State Bank of Travancore
31	Syndicate Bank
32	The Ratnakar Bank
33	UCO Bank
34	Union Bank of India
35	Vijaya Bank

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