which bank is giving the least interest rate for Home Loan ? and which bank should I choose ?

[anuragmukherjee28]

I saw a lot of youtube videos, regarding this and most of them are offering the same interest rate and this made me confused , please help

 

[Manoj Kohli]

I saw a lot of youtube videos, regarding this and most of them are offering the same interest rate and this made me confused , please help

generally Public Sector Banks offer lesser Rate of Interest in comparison to Private Sector Banks but this rule is not sacrosanct. Basically whichever Bank is running behind their targets, they will lower their rates

 

[Harsh Shah]

Hey Anurag!! You can go with Central bank of india with intrest rates starting from 8.35% p.a. onwards with a processing fee of NIL or up to 0.50%.

 

[Hema Kulkarni]

I saw a lot of youtube videos, regarding this and most of them are offering the same interest rate and this made me confused , please help

Last year my parents took a home loan from bajaj housing finance at a very cheap rate. You can check that out

 

[nikhilchauhan]

I think you can this video on Best Bank for Home Loan. It might help you all with this!

 

[Amanms07]

I saw a lot of youtube videos, regarding this and most of them are offering the same interest rate and this made me confused , please help

Generally, public sector banks offer better ROI than private sector banks. If you have great Cibil score, you might get ROI of around 8.50%. PNB offer this ROI with zero processing fee. You can personally connect with me in this regard.

 

[anuragmukherjee28]

Generally, public sector banks offer better ROI than private sector banks. If you have great Cibil score, you might get ROI of around 8.50%. PNB offer this ROI with zero processing fee. You can personally connect with me in this regard.

So public sector banks are better ? What about the additional charges like documentation charges and all ?

 

[Amanms07]

So public sector banks are better ? What about the additional charges like documentation charges an

So public sector banks are better ? What about the additional charges like documentation charges and all ?

Zero processing fee & zero documentation charges. Bank is not charging any fee from the customer.

 

[anuragmukherjee28]

I don't think so , I went to talk to a PSU bank and they were asking for a lot of miscellaneous charges and processing fees , could you please tell me the banks who are not taking any charges

 

[Amanms07]

I don't think so , I went to talk to a PSU bank and they were asking for a lot of miscellaneous charges and processing fees , could you please tell me the banks who are not taking any charges

I work with PNB and our bank does not charge anything from the customer. Although you have to pay for the valuation, legal search and Cibil report etc but that does not goes in bank's pocket.

 

[anuragmukherjee28]

I work with PNB and our bank does not charge anything from the customer. Although you have to pay for the valuation, legal search and Cibil report etc but that does not goes in bank's pocket.

Ok thanks for the help , could you please explain the entire loan taking procedure for PNB, it would help me a lot and lots of community members too

 

[Amanms07]

Ok thanks for the help , could you please explain the entire loan taking procedure for PNB, it would help me a lot and lots of community members too

Well I can guide you personally if you wish to.

 

[anuragmukherjee28]

Well I can guide you personally if you wish to

Yeah sure ,that will work ,but if you write here ,then many people would be able to take the benefit ,

 

[Amanms07]

Yeah sure ,that will work ,but if you write here ,then many people would be able to take the benefit ,

I understand but the initial step is to visit the branch with your documents, rest they will guide according to your documents only so it’s little hard to put a single procedure for everyone out here. I can help everyone individually, no problem.

 

[anuragmukherjee28]

I understand but the initial step is to visit the branch with your documents, rest they will guide according to your documents only so it’s little hard to put a single procedure for everyone out here. I can help everyone individually, no problem.

Thanks for it , I am sharing my requirements and all the details in a bit to you , thank you for helping me

 

[Amanms07]

Thanks for it , I am sharing my requirements and all the details in a bit to you , thank you for helping me

You can ping me on WhatsApp. 9837411727

 

[sujitsgawand]

Sometimes as taxpayer I felt bad, why there are too many public/government banks outside, which are competing with each other. Why taxpayer money which takes burden of salary of their employees/losses of that bank? I don't understand, why we are not merging all public banks.

 

[anuragmukherjee28]

Sometimes as taxpayer I felt bad, why there are too many public/government banks outside, which are competing with each other. Why taxpayer money which takes burden of salary of their employees/losses of that bank? I don't understand, why we are not merging all public banks.

when there will be no option, there would be monopoly and you as a consumer ,would face the biggest setback and this competition allows you to get good customer service and interest on both your savings and while taking loans .