New Delhi, Business Desk. After increasing the repo rate by the Indian central bank RBI, many banks have also increased the interest rates of loans, after which now people taking home loans from banks will have to pay more money. This is the second time, after May 2022, that the central bank has raised key rates. If you are thinking of taking a loan now, then you do not need to worry, because we are going to tell you about 5 banks that are offering you home loan at low interest rate. So let us know which are those five banks, which are offering the cheapest home loan.

Bank Of Maharashtra

The first bank is Bank of Maharashtra, which is offering you the cheapest home loan. On taking a home loan from Bank of Maharashtra, you will have to pay a minimum interest rate of 6.8 percent and the maximum interest rate is 8.2 percent. At the same time, the Repo Linked Lending Rate of the bank is 7.2 percent.

Bank Of Baroda

The second bank in this sequence is Bank of Baroda, which is offering you cheap home loans. People taking a home loan from Bank of Baroda will have to pay a minimum interest rate of 6.9% and a maximum interest rate of 8.25 percent. At the same time, the Repo Linked Lending Rate of the bank is 6.9 percent.

Union Bank of India

Union Bank of India is the third name among the banks offering cheap home loans, which offers cheap home loans to the customers. People taking home loan from Bank of Baroda will get a minimum interest rate of 6.9% and a maximum interest rate of 8.6%. At the same time, the Repo Linked Lending Rate of the bank is 7.2 percent.

Punjab And Sind Bank

Punjab and Sind Bank comes fourth among the banks offering cheap home loans. Talking about Punjab and Sind Bank, this bank offers home loan to the customers at an interest rate of minimum 6.9 percent. At the same time, the bank has kept the maximum interest rate of 8.6 percent. The Repo Linked Lending Rate of the bank is 6.6 percent.

bank of india

The fifth bank in this sequence to offer cheap home loans is BOI (Bank of India). This bank offers home loan to the customers at an interest rate of minimum 6.9 percent. At the same time, the maximum interest rate is 8.6 percent. The Repo Linked Lending Rate of Bank of India is 7.25 percent.

Edited By: Sarveshwar Pathak