Which Bank is Best for Home Loan | SBI Home Loan vs HDFC Home Loan | Best Home Loan Bank in India |

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Which Bank is Best for Home Loan | SBI Home Loan vs HDFC Home Loan | Best Home Loan Bank in India |

SBI Home Loan Interest Rate : 8.50% p.a
Processing Fees : 0.35% of Loan Amount

State Bank of India offers home loans at interest rates starting from 8.50% p.a. onwards for tenures up to 30 years and for loan amounts up to 90% of property’s cost. State Bank of India offers various special home loan products for defence personnel, government employees, non-salaried individuals, applicants buying ‘green’ homes and individuals living in hilly/tribal areas.

SBI Home Loan Interest Rate : 8.70% p.a
Processing Fees : 0.50% of Loan Amount

HDFC bank offers home loan @ 8.70% p.a. onwards for tenures up to 30 years and for loan amount of up to Rs 10 crore. The lender also offers home loan balance transfer facility to existing home loan borrowers of other banks and HFCs. Its Rural Housing Loan scheme is aimed at agriculturists, planters, horticulturists, dairy farmers, etc.

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