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Q.

What is Cooperative Bank Housing Loan Interest Rate?

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0 2024-11-06T10:18:17+00:00

The Cooperative Bank housing loan interest rate will depend on the bank from which you are planning to avail of the loan. When we availed of a housing loan from the Calicut Cooperative Urban Bank, we came to learn that they are disbursing housing loans with interest rates between 10.59% and 11.40%, mainly based on the amount of the loan. Now for other banks, these rates differ. I am aware of the interest rate of a few cooperative banks, so let me mention them next.

What are the Co Operative Bank Housing Loan Interest Rates?

The Co operative Bank home loan interest, as I mentioned, is not the same for all banks. Here is a list of banks along with their housing interest rates:

Bank 

Housing Loan Interest Rate Range

Calicut urban bank

10.50% to 11.40%

The Punjab State Cooperative Bank Ltd.

8.50% to 10.50%

Tamil Nadu Industrial Co-operative Bank Ltd. 

12%

Mahalakshmi Co-operative Bank Ltd. 

10.50% to 13.50%

Thus, it is better to visit the bank’s portal or branch to know about their exact interest rates based on the loan amount, tenure, and other aspects.

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