Banks With Latest Home Loan Trends 2014
6. IDBI Bank: Home loans offer by IDBI may fulfill your long cherished dream of owning a home.
IDBI has variety of options like individual home loan for buying a new home or construct dwelling unit, home improvement loan, home extension loan, home loan for NRI’s so that non-resident of India can take this loan and plot loan for purchase of plot. The interest rate provided by IDBI bank on home loan is 10.25 percent.
7. Bank of Baroda: Bank of Baroda is wooing its customers by offering them easy home loan with a number of conveniences at affordable rate. Home loan is available for various purposes like purchasing new or old dwelling unit, construction of house, purchasing of plot of land for construction and repaying a loan already taken from other Housing Finance Company or Bank. The bank also offers various benefits for home loan borrowers, for instance, free personal accident insurance for stipulated tenure, free credit card with loan limit of
2 lakhs and above, concession of 0.25 percent in rate of interest for car loans and concession of 0.50 percent in rate of interest for loan for consumer durables. The rate of interest provides on the home loan is 10.25 percent.
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