There are many offers on home loans at this time. Many banks have completely waived the processing fee, apart from this special discount is also available in the interest rate. Know which bank is offering what.
Home Loan Offers: If you are planning to buy a house, then do not delay in this noble cause. At present, bumper offers are available on home loans. Many banks are offering all kinds of special offers to woo the customers. The biggest advantage is about the processing fee. Many banks have completely waived it. Apart from this, the documentation charge has also been waived off. Some banks are also offering special discount in interest rate. Let’s take full details.Also Read: Want to make your WhatsApp chat interesting here is how you can do it by changing font
Bank of Maharashtra is offering a variety of offers for its home loan borrowers. According to the information available on the bank’s website, till September 30, no processing fee will be levied on the home loan. This offer is applicable from 9th August. On making regular payment, the last two EMIs will also be waived. Defense and women borrowers will get a special discount of 0.05 percent in the interest rate. The maximum tenure of the loan will be 30 years and a person up to 75 years of age will also be eligible for the loan.Also Read: Hdfc life sampoorn samridhi plus limited period and whole life insurance plan gives double maturity benefits
Under the Pradhan Mantri Awas Yojana, the bank is giving subsidy up to Rs 2.67 lakh. If a borrower chooses to make the payment ahead of time, he/she will not incur any penalty. The bank has also waived off pre-payment, pre-closure and part-payment charges. If a customer has taken a home loan, then he will get separate interest rate exemption on car loan and education loan. The interest rate for home loan is starting from 6.90 per cent, while the interest rate for car loan is starting from 7.15 per cent.Also Read: Jio Dhamaka internet vouchers start from just Rs 11, see details
On the occasion of Independence Day, Punjab National Bank also announced various discounts on home loans. Under the Independence Day Home Loan offer, the bank has waived processing fees and documentation charges. This offer is valid till 30th September. The interest rate for home loans is starting from 6.80 percent.Also Read: Vi 49 Plan Discontinue In Some Circles Now Vodafone Idea Prepaid Plan Begins Rs 79 Check Details
SBI is also offering a variety of offers on home loans. State Bank of India has waived the processing fee. This offer is only till 31st August. Women are being given the benefit of rebate of 5 basis points in the interest rate separately. Even if you want to take a home loan under SBI’s YONO service, you will get the benefit of 5 basis points. The interest rate starts from 6.70 percent. Loan up to 30 lakhs is available at 6.70 percent interest rate. The interest rate will be 6.95 percent on home loans from 30 lakhs to 75 lakhs. The interest rate on home loans above 75 lakhs will be just 7.05 per cent. Borrowers who want to take advantage of this scheme can apply for home loan with the help of SBI YONO. Apart from this, you can give a missed call on 7208933140.Also Read: Hdfc life sampoorn samridhi plus limited period and whole life insurance plan gives double maturity benefits
Apart from this, the processing fee has also been waived on bank car loans. Customers will get a loan of up to 90 percent of the total cost (on-road) for the car. Customers applying through YONO app will get a special interest rebate of 0.25%. Car loan will be available to the customers of YONO at an initial rate of 7.5 percent per annum. There is a discount of 0.75 percent in interest for gold loan. There will be no processing fee on gold loan through YONO. Along with this, processing fee has also been waived on personal and pension loans.Also Read: Know about baby doll song fame kanika kapoor net worth