LIC, SBI, HDFC and PNB home loans: Check top offers with up to 0% processing fees

LIC HFL has recently slashed the interest rates on home loans to 6.66 per cent, offering the lowest interest rates among all lenders in the country. LIC HFL offers home loans with a 6.66 per cent interest rate on the purchase of houses worth less than Rs 50 lakhs.

 

State Bank of India (SBI), the largest state-owned bank in India, is also offering home loans at attractive interest rates. At present, SBI is offering home loans with a floating interest rate of 6.7% to 7.5%, with a maximum repayment period of 30 years. 

 

Moreover, SBI is recently rolled out its ‘Monsoon Dhamaka’ offer in which the lender is offering home loans at a 0% processing fee. 

If you’re planning to buy a home in the coming weeks then you can also opt for HDFC Bank as your lending partner. The most valuable Indian bank is offering home loans at a floating interest rate of 6.75% to 8.00%. However, unlike SBI, HDFC is currently charging 0.5% processing fees up to Rs  Rs 11,800 on home loans.

Another state-owned lender, Union Bank, is providing home loans with interest rates starting at 6.8%. You can buy a home worth a minimum of Rs 25 lakh to take advantage of the offer before it revises the interest rates. 

PNB Housing, the mortgage lending arm of Punjab National Bank, is offering home loans at a floating annual interest rate starting from 7.35%.