Planning to buy a home? Check financers with lowest interest rates on home loans

LIC HFL on Friday announced that the lender has cut the interest rates on home loans to 6.66 per cent for homes worth up to Rs 50 lakh.

State Bank of India (SBI) is offering home loans at a floating interest rate of 6.7% to 7.5%. The largest public sector bank is offering home loans with a maximum repayment period of 30 years. 

You can avail HDFC home loan at a floating interest rate of 6.75% to 8.00%. The bank charges a processing fee of 0.5% on home loans up to a maximum of Rs 11,800. 

Union Bank is offering home loans at a floating annual interest rate starting at 6.8%. The bank is offering a minimum home loan of Rs 25 lakh.  

Punjab National Bank’s mortgage lending arm - PNB Housing - is providing home loans at a floating annual interest rate starting from 7.35%.