New Delhi: With the start of the festive season, many banks have started new offers on home loans, personal loans, and car loans.
Major private banks such as State-owned SBI and Bank of Baroda to ICICI Bank, HDFC Bank are offering excellent rates on loans. The loan rate also became cheaper after the Reserve Bank of India cut the repo rate in early 2020.
After this, home loans, personal loans, and car loans are also available at low-interest rates.
Some of the best banks offer on a home loan
Bank of Baroda Home Loan Offer: Bank of Baroda has interest rates ranging from 7.00 to 8.60 percent per annum.
BOB is also offering a 100% discount on processing fees on home loans during the festive season.
SBI Bank Home Loan Offer: SBI waives processing fees if the home loan is applied through the YONO app.
ICICI Bank Home Loan Offer: ICICI Bank home loan interest rates range from 6.90 to 8.05% for a home loan and home loan balance transfer. Processing fees for home loan transfer start from Rs 3,000.