These banks are offering the cheapest home loan, see the complete list here before buying a house

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New Delhi: If you are thinking of buying a house then there is good news for you. There are many banks that are offering home loans at very low interest rates. However, the home loan interest rates have increased as compared to earlier. In fact, since the repo rate has been increased by the RBI, banks have also increased the home loan interest rates. Here we are going to tell you about 5 such banks which are giving you home loan at very low interest rates. However, before taking a loan, you must know about the interest rates in banks once.

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keep these documents ready

If you are planning to take a home loan, then you must have some documents. These documents include Identity Proof, Income Proof, Age Proof: PAN Card, Voter ID, Aadhaar Card, Passport, Driving License. Aadhaar card, passport, voter ID, driving license will be required for address proof. Along with this, banking information, relationship proof and educational qualification certificates are sought.

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Cheap home loan is available in these banks

At present, cheap home loans are available in many banks. According to media reports, HDFC Bank is offering home loans at a minimum interest rate of 8.45 per cent and a maximum interest rate of 9.85 per cent. Dusind Bank is offering home loans at a minimum interest rate of 8.5 per cent and a maximum of 9.75 per cent. Bank of Maharashtra’s RLLR is fixed at 9.30 per cent. It is offering home loans at a minimum interest rate of 8.6 per cent and a maximum rate of 10.3 per cent. The RLLR of Punjab National Bank is 9.25 per cent. Its minimum interest rate is 8.6 percent and maximum is 9.45 percent.

At the same time, the Repo Linked Lending Rate (RLLR) of Indian Bank is 9.20 percent. Its minimum interest rate is 8.5 percent and maximum interest rate is 9.9 percent. Bank interest rates keep on changing. In such a situation, before taking the loan, once you must know about the interest by visiting the official website of the respective banks or even by visiting the bank.

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