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Q.

What is the Home Loan Interest Rate in Ahmedabad?

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2 months

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0 2024-11-03T09:26:06+00:00

I am planning to purchase a house in Ahmedabad, and I was doing some research on the home loan interest rate in Ahmedabad. Through my research, I came to know that the interest rates in Ahmedabad can start from 8.50% p.a. and can go up to 9.25% p.a. Now, along with the interest rates, the tenure of the home loan and the processing fee vary from bank to bank. 

What are the Home Loan Rates in Ahmedabad?

To help you understand better, I compiled all the information in the table below. You can go through that to have a better understanding of interest rate and other details of the bank. 

 

Name Of Bank

Interest Rate

Tenure

Processing Fee

PNB Housing

8.50% p.a. onwards

30 Years

Up to 1%

Bajaj Housing

8.45% p.a. onwards

40 Years

Up to 7% of the loan amount

ICICI

9.25% p.a. onwards

30 Years

0.50% of the loan amount

IDFC

8.75% p.a. onwards

30 Years

Up to 3% of the loan amount

LIC HFC

8.50% p.a. onwards

30 Years

0.50% of the loan amount

This is all the information I have gathered about the best home loan rates in Ahmedabad. Now, I am planning to take a home loan from LIC HFC as their interest rates and processing fees are a lot less compared to the others. Hope this helps. 

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