What is the Home Loan Interest Rate of Dena Bank?

As far as I know, Dena Bank has merged with Bank of Baroda, so the Dena Bank home loan interest rate is the same as BoB. It is between 10.15% and 11.60%. However, this rate may vary as it is dependent on the loan limit and CIBIL score of the applicants. I will therefore suggest you visit the bank once and be sure about the interest rate rates before availing of a home loan from this bank.

What is the Dena Bank Housing Loan Interest Rate?

The home loan Dena Bank interest rate is as follows:

This Dena Bank home loan rate will however vary based on the

• Credit score of the applicant

• The loan amount asked by the applicant

• Tenure of the home loan

• Employment and income stability of the borrower and others

This is why it is better to visit the bank and ask them about all the details of the home loan.

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I opted for a home loan from the Dena Bank. Dena bank home loan interest rates are quite competitive. You can opt for Dena bank's home loan to build a house, buy a home, or invest in a building that is still under development. Home loans from Dena Bank provide low documentation requirements, competitive interest rates (both floating and fixed), and longer repayment terms.

The interest rates on a house loan from Dena Bank are appealing and may be more reasonable in certain situations. There are both fixed and adjustable interest rates offered by the bank. They can range from 8.25% to 8.35%. The bank reduces interest rates for female borrowers to 8.25%.

The Dena bank interest rates on home loans under the fixed category will range from 11.25% to 11.75%. The fixed rates of interest for loans up to Rs 30 lakh are 11.25%. If the loan amount exceeds Rs 30 lakh, the charges rise to 11.75%.

Rates of interest might change based on the borrower's application loan amount, income, and loan type.

For instance, lower interest rates apply if the loan amount is high. For borrowers who are already Dena Bank's clients, the bank offers the most affordable interest rates.

• Dena Bank offers multipurpose home loans that can be used to build a home, buy a property or apartment, or invest in a home that is still under development.

• Home loans from Dena Bank are offered with both fixed and floating interest rates. Both female borrowers and current bank clients can benefit from lower interest rates on home loans.

• The loan amount can be repaid over a period of up to 30 years by the borrower. Ten years are allotted for loans for remodelling and repair.

• The bank does not charge a pre-closure or partial pre-payment cost in addition to the processing fee.

• The bank only requires a minimal amount of paperwork to expedite the approval process for mortgages.

I hope this suffices your query about the Dena bank home loan interest rates. I hope this helps:)

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