ALL ABOUT HOME LOANS
About Home Loan Banks and Nbfc institutions offer home loans for the purchase of the property. You can also buy/construct/renovate/extend your house with this money and repay it gradually within the chosen time period. Home Loans are secured against the property, and if you fail to repay, the lender can take over the property from you and sell it to recover the dues. The eligibility for a home loan depends on an applicant's income, credit history, property value and location. Based on these factors, the maximum loan amount is calculated. Top Banks Offering Lowest Home Loan Interest Rates 2021 Here's a list of top banks offering lowest housing loan interest rates in India. You can compare and apply online for the best home loan. List of Banks/NBFCs Interest Rate Processing Fee State Bank of India (SBI) 6.70%-6.90% NIL LIC Housing Finance (LIC) 6.66% - 7.90% For loan amount below INR 1 Crore - 0.25% of the loan amoun