Buying a home is a dream come true for many people. Buying a house requires financial planning, saving money for years and finding the right home loan provider. In Bangalore, there are many home loan providers to choose from. I have conducted research, spoken to bank managers and combined a list of ‘best home loans in Bangalore’.
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Which bank is best for home loan in Bangalore?
While choosing a home loan provider, you should consider factors such as interest rates, loan amount, repayment tenure, processing fees, and other charges. I have compiled a list of the top 10 best home loan providers in Bangalore below.
Bank Name |
Interest Rate |
Loan Amount |
Repayment Tenure |
Processing Fees |
HDFC Bank |
Starting from 6.70% p.a. |
Up to 90% of property value |
Up to 30 years |
Up to 1.50% of the loan amount |
ICICI Bank |
Starting from 6.70% p.a. |
Up to 90% of property value |
Up to 30 years |
Up to 1.75% of the loan amount |
State Bank of India |
Starting from 6.70% p.a. |
Up to 90% of property value |
Up to 30 years |
Up to 0.40% of the loan amount |
Axis Bank |
Starting from 6.75% p.a. |
Up to 80% of property value |
Up to 30 years |
Up to 1% of the loan amount |
Kotak Mahindra Bank |
Starting from 6.75% p.a. |
Up to 80% of property value |
Up to 20 years |
Up to 2% of the loan amount |
Bank of Baroda |
Starting from 6.75% p.a. |
Up to 90% of property value |
Up to 30 years |
Up to 0.50% of the loan amount |
Federal Bank |
Starting from 6.75% p.a. |
Up to 80% of property value |
Up to 30 years |
Up to 0.50% of the loan amount |
Punjab National Bank |
Starting from 6.80% p.a. |
Up to 90% of property value |
Up to 30 years |
Up to 0.35% of the loan amount |
LIC Housing Finance |
Starting from 6.90% p.a. |
Up to 85% of property value |
Up to 30 years |
Up to 1.75% of the loan amount |
Canara Bank |
Starting from 6.90% p.a. |
Up to 90% of property value |
Up to 30 years |
Up to 0.50% of the loan amount |
Which is the best bank for home loan in Bangalore?
Home loans can be taken for the purchase of vacant land or land for residential construction or investment. Usually, the interest rate offered by private banks is higher than the interest rate offered by public banks.
Borrowers can use these loans to help with home improvement,construction, renovation projects. For me the best bank for home loan is HDFC.
This is all from my end on best home loans in Bangalore.
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Read more:
What is the Interest Rate on Home Loans
What are the requirements for a home loan?
Home Loan Benefits For Ladies
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Authors Of The Question
Which bank is best for home loan in Bangalore?
Anonymous
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1 Answers
1 Year
2023-04-28T20:23:53+00:00 2023-05-01T10:56:22+00:00Comment
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