When you are looking for best home loan offers in India then you are sure to be confused as to which lender is the best. You can find umpteen numbers of banks offering you home loan at attractive rates so that you can be benefited. However the loans are subject to certain terms and conditions.
The interest rates are normally either
fixed or floating. If you are not able to decide the best Home loan offers as well as the loan
provider then for you here is a fast guide on best home loan offers in India:
SBI home loans
SBI without an iota of
doubt is the biggest home loan provider in India. The bank provides a bunch of home
loan products so as to serve a diversified section of borrowers. You can borrow
for any purpose for instance to buy ready-to-built property, an under
construction property, to construct or renovate your existing house etc. The
banker provides the best interest rate that is available in the markets and
their repayment options are flexible along with lesser processing fee. As a
leader in the market trends for home loan, the bank also provides alluring Home loan offers
concession for women recipients.
You can get home loan in a fast and easy
way from ICICI Bank. The
loan repayment and the interest rates are light on your wallet.
The bank also has an app which you can download from its site on either your tablet
or Smartphone so that you can apply from the comforts at your home. With a repayment
period of up to 30 years, possessing your dream home is merely a few clicks
Axis Bank home loan
The 3rd biggest private
sector bank in India is the Axis Bank and it offers a minimum loan of 3 Lakhs.
The maximum loan amount depends upon the income of the borrower. The Bank does not demand any kind of
prepayment charge for floating interest but charges 2% of the
outstanding principal amount to be prepaid on fixed interest rate. Processing
of the loan is easy and you get the facility of transferring your existing home
loan from another lender without any difficulty.
HDFC home loan
HDFC is the main supplier of finance for housing in India. The most important features ofthe bank home loans aresimple documentation, doorstep help, and flexible repayment alternatives. Women applicants can benefit from reduced interest rates. The bank helps home loan balance transfer at zero fees. This way you can enjoy optimum benefits while switching your present loan.
PNB home loan
PNB (Punjab National Bank) offer loans to
purchase, construct, or extend your present dwelling units. The bank provides
doorstep services assuring simple and quick approval as well as disbursal of the
loans. In case while constructing your dream house there is a rise in the cost
of materials etc then you can increase the loan amount with the bank.