I have an Indian Overseas Bank account, and when I was planning to take a home loan for building my house, I decided to avail the loan from them. I called the manager of the bank and asked him about the Indian Overseas Bank Housing loan interest rate and other details related to the home loan. The manager connected me to the people in charge of home loans in the Bank. Here is what he told me.
What is the Home Loan Interest Rate of Indian Overseas Bank?
The home loan guy provided me with a list that had all the information related to the home loan. I have added the list below to make it easier for you to understand.
| Particulars | Details |
IOB Bank Home Loan Interest Rate |
8.40% to 10.50% for salaried persons |
Loan Tenure |
30 years |
Processing Fees |
100% waiver on Processing Charges |
Pre-Closure Charges |
NIL |
Documentation Charges |
50% waiver on Documentation Charges |
Age Criteria |
Maximum age is 60 years |
After going through this information, I decided to take it and got an IOB housing loan interest rate of 9.65%.
I hope this information about Indian overseas bank housing loan interest rate, would be of help to you.
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Authors Of The Question
What is Home Loan Interest Rate of Indian Overseas Bank?
Ajay
47Views
4 months
2024-06-28T14:23:53+00:00 2024-08-06T15:08:08+00:00Comment
1 Answers
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