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Home Loan: Good news for home loan borrowers, these banks have reduced interest rates..
Shikha Saxena | May 20, 2025 8:15 PM CST

Home Loan Interest rate cut. In today's time, everyone plans to buy a house. Recently, some banks have reduced the interest rates of home loans. Due to this, for those who were planning to buy a house (Home Loan Tips),

This can be a great opportunity for them to buy. Today, we are going to tell you about some such banks that have reduced the interest rates of home loans. Because of this, there is a great opportunity to take a home loan.

Canara Bank interest rates-

If you are planning to take a home loan from Canara Bank (Canara Bank home loan), then you can apply for a home loan from Canara Bank. You are getting a home loan from the bank at an interest rate of 7.90 percent. Provided your CIBIL score is good and you fulfill all the criteria of the loan (Loan form Canara Bank). In Canara Bank, you are being given an interest rate of 7.90 percent to 10.75 percent.

Interest rates in IOB-

If your CIBIL score is 775 to 800 or even more, then you can also apply for a home loan in Indian Overseas Bank. Here you get a home loan (Indian Overseas Bank home loan) at 7.90 percent interest. If the score is from 750 to 774, then a home loan facility is given at an 8 percent interest rate.

The Central Bank is offering an interest rate under this scheme-

Under the "Saint Griha Lakshmi" scheme of the Central Bank, if you apply for a home loan, then you can be given a home loan at the rate of 7.85 percent. Under this scheme, the bank is offering an interest rate of 7.85 percent to 8.75 percent on home loans (Home loan tips). This scheme helps women applicants to buy a house, especially when the woman is taking a home loan alone or is the primary applicant for a home loan.

Union Bank interest rates-

If your CIBIL score is good, then Union Bank (Union Bank home loan) provides you with a cheap loan facility. Union Bank is offering you an interest rate of 7.85 percent to 10.25 percent on home loans.

Bank of Maharashtra interest rates-

Bank of Maharashtra is also offering home loans at 7.85 percent interest. For this, your credit score should be 800 or more. Bank of Maharashtra (Bank of Maharashtra home loan) is offering interest on home loans from 7.85 percent to 9.90 percent for salaried and 7.95 percent to 10.40 percent for non-salaried.

Disclaimer: This content has been sourced and edited from Hr Breaking. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.


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