Questions

Which bank is best for housing loan in Chennai?

Which bank is best for housing loan in Chennai?

Top Banks for Home Loans in Chennai

  • ICICI Bank.
  • LIC Housing Finance Limited.
  • Indiabulls Housing Finance.
  • Axis Bank.
  • HDFC Ltd. Bank.
  • Kotak Mahindra Bank.
  • Canara Bank.
  • Aditya Birla Capital.

Which bank is best for housing loan in Tamilnadu?

Home Loan Near Me, Lowest EMI Per Lakh

Bank Interest Rate Tenure
SBI 6.65\% Floating Check Best Offers 30 years
HDFC 6.70\% Fixed 30 years
ICICI Bank 6.70\% Fixed 30 years
Axis Bank 6.65\% Fixed 30 years

What is the interest rate for home loan in Indian bank?

Compare Indian Bank Home Loan Interest Rate with Top Banks

Particulars Indian Bank SBI
Interest Rate 7.55\% – 7.85\% 6.65\% – 7.05\%
Processing Fees Upto 0.23\% Max ₹ 20,381 NIL
Loan Tenure 20 Years 30 Years
Maximum Loan Amount ₹ 5 Cr ₹ 7 Cr

How can I get home loan in Tamilnadu?

Age: The minimum age to apply for a home loan must be 18 years and not more than 70 years of age. Income: You must have a regular source of income as it reflects your ability to repay your EMIs on time. Credit Score: A credit score of 650 and above is considered suitable for applying a home loan.

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What is the loan amount in Tamilnadu?

Tamil Nadu has so far raised ₹9,000 crore for fiscal 2021-2022 through market borrowings, according to data from Reserve Bank of India. The state has indicated that it plans to borrow ₹23,450 crore during the first quarter of this fiscal (April-June 2021).

What is gold loan discount in Tamilnadu?

CHENNAI: The Tamil Nadu government on Monday issued an order giving effect to waiver of loans taken from cooperative banks on gold up to five sovereigns or less. The move will cost the exchequer about 6,000 crore. The DMK had promised to waive off the loans in its election manifesto earlier this year.

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