Applying for home loans could be quite a hassle if you are not aware of the process, the documents needed, and the charges. When I was opting for a home loan in Kerala, I had no clue about where to start, and for that, I did some research. I came across quite a lot of information and also about the home loan interest rate in Kerala. The home loan interest is around 8.35% to 9.85%.
How Much is the Housing Loan Interest Rate in Kerala?
I compiled the below list after doing some thorough research about the interest rates. In the list, I have added the home loan rates, processing fees, and tenure of some of the best banks in Kerala.
Name of Lender |
Interest Rates |
State Bank of India |
8.50% to 9.85% |
HDFC Bank |
Starting from 8.75% p.a. |
Union Bank of India |
8.35% |
ICICI Bank |
8.75% p.a. |
Kotak Mahindra Bank |
8.75% |
And that is all that I know about the home loan interest rate Kerala. After learning about all of these, I decided to take the home loan from the State Bank of India. This was because they have low interest rates, and I am a bit biased towards them. Hope this helps.
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Authors Of The Question
What is Home Loan Interest Rate in Kerala?
Arya
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1 Answers
48 days
2024-11-03T08:54:20+00:00 2024-11-03T08:54:21+00:00Comment
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