Today we are going to tell you about the home loan of the country's largest government bank SBI and the country's largest private bank HDFC Bank. Let us know which bank is offering home loan to its customers at a low interest rate.
Everyone dreams of living in their own house but there are many people who live in a rented house. Talking about buying a house, it is very difficult for a common man to buy a house in today's time. Lakhs of rupees are needed to buy a house, which is a very large amount. In such a situation, many people buy a house by taking a home loan from the bank.
Home loans are being offered to their customers by different banks of the country at different interest rates. In such a situation, if you are planning to buy a house by taking a home loan, then you should choose a bank whose home loan interest rates are low. Today we are going to tell you about the home loan of the country's largest government bank SBI and the country's largest private bank HDFC Bank. Let us know which bank is offering home loan at low interest rates.
SBI Home Loan
Talking about SBI home loan, SBI offers home loan to its customers at an initial interest rate of 8 percent. This interest rate can change according to the loan amount and CIBIL score. If you get a home loan of Rs 25 lakh from SBI for a period of 20 years at an interest rate of 8 percent, then you will have to pay Rs 20,911 every month as EMI. In this way, you will pay a total of Rs 50,18,640 to the bank. In this, Rs 25,18,640 is only your interest.
HDFC Bank Home Loan
Talking about HDFC Bank home loan, HDFC Bank offers home loan to its customers at an initial interest rate of 8.45 percent. These interest rates can change according to your CIBIL score and the loan amount. If you get a home loan of Rs 25 lakh from this bank for a period of 20 years at an interest rate of 8.45 percent, then you will have to pay Rs 21,617 every month as EMI. In this way, you will pay a total of Rs 51,87,968 to the bank. Out of this, Rs 26,87,968 includes only your interest.
-
Rupali Ganguly Meets Viraj Ghelani's Die-Hard Anupamaa Fan Grandmother As Latter Falls Ill: 'She Followed Up Regularly' (VIDEO)
-
'Holy trip or show off?': Internet slams Hania Aamir's Haj photos
-
J&K LG inaugurates surveillance system with integrated control centre for Vaishno Devi shrine
-
Wetherspoon making major change to pub menus from Friday
-
Meghan Markle brutally told to move on - 'stop trying to be a princess'
