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Home loan rates cut by Kotak&nbsp;Mahindra&nbsp;bank just ahead of the festive season to a decade low of 6.5%. The bank has reduced rates by 15 bps and the new rate is effective from September 10.&nbsp;Kotak&nbsp;was already offering the lowest home loan rates amongst peers where the range for loans upto&nbsp;Rs 50 lakh&nbsp;ranged from&nbsp;6.66%-7.05%.&nbsp;&nbsp;Private bank peers HDFC&nbsp;Bank and ICICI&nbsp;bank currently offer home loan rates at 6.75% in the same bracket.&nbsp;
Banks are facing stiff competition from housing finance companies that are offering rates as low as PSU&nbsp;leader SBI&nbsp;at 6.66%.&nbsp;

Home loan rate cut, Kotak Mahindra Bank cuts rates to lowest in 10 years

Cheap Home Loan| Bank cuts rate to lowest in 10 years

Kotak Mahindra&nbsp;Bank will offer home loans at 6.50 percent per annum starting September 10.

Home loan rates cut by Kotak&nbsp;Mahindra&nbsp;bank just ahead of the festive season to a decade low of 6.5%. The bank has reduced rates by 15 bps and the new rate is effective from September 10.&nbsp; Kotak&nbsp;was already offering the lowest home loan rates amongst peers where the range for loans upto&nbsp;Rs 50 lakh&nbsp;ranged from&nbsp;6.66%-7.05%.&nbsp;&nbsp;Private bank peers HDFC&nbsp;Bank and ICICI&nbsp;bank currently offer home loan rates at 6.75% in the same bracket.&nbsp;
Banks are facing stiff competition from housing finance companies that are offering rates as low as PSU&nbsp;leader SBI&nbsp;at 6.66%.&nbsp;

India Post will now offer home loans to customers as well, the payment bank arm has tied up with&nbsp;LIC Housing Finance to provide home loan products.India Post has over 4.5 crore customers over 650 branches and over 136,000 banking access points. The Postal system&nbsp;aims to make LIC Housing Finance's home loan products accessible to its customer's pan-India.LIC Housing Finance home loan starts from 6.66 per cent for loans up to Rs 50 lakh for salaried individuals. The age of the borrower at the entry of the loan can be up to 65 years and the loan tenure is till the attainment of 80 years of age or maximum up to 30 years, whichever is earlier.&nbsp;

India Post to give out home loans, partners with LIC Housing Finance

Your post office can soon give you a under 7% home loan. Find out how.&nbsp;

India Post Home Loan

LIC Housing Finance Ltd offers home loans starting from 6.66 per cent for loans up to Rs 50 lakh for salaried individuals

India Post will now offer home loans to customers as well, the payment bank arm has tied up with&nbsp;LIC Housing Finance to provide home loan products. India Post has over 4.5 crore customers over 650 branches and over 136,000 banking access points. The Postal system&nbsp;aims to make LIC Housing Finance's home loan products accessible to its customer's pan-India. LIC Housing Finance home loan starts from 6.66 per cent for loans up to Rs 50 lakh for salaried individuals. The age of the borrower at the entry of the loan can be up to 65 years and the loan tenure is till the attainment of 80 years of age or maximum up to 30 years, whichever is earlier.&nbsp;

The country's largest lender, the&nbsp;State Bank of India (SBI) on Saturday&nbsp;announced Monsoon Dhamaka&nbsp;offer with a 100 per cent waiver on processing fees on home loans.
This is a significant reduction from the existing processing fees of 0.40 per cent. The Monsoon Dhamaka Offer is for a limited period ending on 31st August 2021.&nbsp; A home loan customer stands to gain substantially through this limited period offer.&nbsp;
SBI's home loan interest rates start at just 6.70 per cent, the lender said in a release.&nbsp;
The State Bank of India claims that it is offering the cheapest home loan in the entire banking system and that is the reason, SBI has massive 5 lakh crore home loan book.&nbsp;&nbsp;

Looking for home loan options? SBI waives off 100% processing fees till this date

The country's largest lender, the&nbsp;State Bank of India (SBI) on Saturday&nbsp;announced Monsoon Dhamaka&nbsp;offer with a 100 per cent waiver on processing fees on home loans.
&nbsp;

SBI&nbsp;wavies-off processing fees on homes loans till Aug 31&nbsp;
This is a significant reduction from existing processing fees of 0.40%
SBI&nbsp;claims&nbsp;the cheapest home loan and has&nbsp;5 lakh cr&nbsp;home loan book

<h3 class="biz-a-sum">As part of its bumper monsoon offer, the state bank of India will&nbsp;not charge any processing fee on home loan till a specified period </h3>

The country's largest lender, the&nbsp;State Bank of India (SBI) on Saturday&nbsp;announced Monsoon Dhamaka&nbsp;offer with a 100 per cent waiver on processing fees on home loans.
This is a significant reduction from the existing processing fees of 0.40 per cent. The Monsoon Dhamaka Offer is for a limited period ending on 31st August 2021.&nbsp; A home loan customer stands to gain substantially through this limited period offer.&nbsp;
SBI's home loan interest rates start at just 6.70 per cent, the lender said in a release.&nbsp;
The State Bank of India claims that it is offering the cheapest home loan in the entire banking system and that is the reason, SBI has massive 5 lakh crore home loan book.&nbsp;&nbsp;

The largest public-lender State Bank of&nbsp;India on Saturday reduced its home loan interest rates to 6.70%. Women borrowers will get a special concession of five basis points.
In a good news for budget home buyers, SBI will now offer a&nbsp;6.70% rate for loans up to ₹30 lakhs and 6.95% for loans between ₹30 lakhs&nbsp;to ₹75 lakhs. Home loans above ₹75 lakhs get an interest rates of 7.05%.
Out of its total advances of ₹26 lakh&nbsp;crore, the home loan&nbsp;portfolio of the bank stands above ₹5 lakh crore.
&nbsp;

Good news for budget home buyers, SBI reduces home loan rates reduced

The largest public-lender State Bank of&nbsp;India on Saturday reduced its home loan interest rates to 6.70%. Women borrowers will get a special concession of five basis points.
&nbsp;

Good news for budget home buyer

The nation's largest bank State Bank of&nbsp;India on Saturday reduced its home loan interest rates to 6.7% and also announced a special rate for women at 6.55%.&nbsp;
In a move to attract new budget home buyers, SBI will now offer a&nbsp;6.70% rate for loans up to ₹30 lakhs and 6.95% for loans between ₹30 lakhs&nbsp;to ₹75 lakhs. Home loans above ₹75 lakhs will attract an interest rates of 7.05%.
At the current rate SBI&nbsp;is in direct competition for home loans from ICICI&nbsp;Bank and HDFC&nbsp;Bank. Axis bank however continues to have loan rates closer to 6.9%
&nbsp;

With limited period offers on concessional rates comes to a close, India&rsquo;s largest lender State Bank Of India has raised rates on it&rsquo;s &rsquo;teaser loans&rsquo;.
SBI revised home loan rate to 6.95%, that is 25 bps higher than the 6.7% that was offered for a limited period till March 31.&nbsp;
All eyes now on private sector lenders as concessions in home loans wane away, investors eye RBI meeting tomorrow for more direction on rates.&nbsp;

SBI hikes home loan rates as concession of mortgages wane

With limited period offers on concessional rates comes to a close, India&rsquo;s largest lender State Bank Of India has raised rates on it&rsquo;s &rsquo;teaser loans&rsquo;.
 SBI revised home loan rate to 6.95%, that is 25 bps higher than the 6.7% that was offered for a limited period till March 31.&nbsp;
 All eyes now on private sector lenders as concessions in home loans wane away, investors eye RBI meeting tomorrow for more direction on rates.&nbsp;

With limited period offers on concessional rates comes to a close, India&rsquo;s largest lender State Bank Of India has raised rates on it&rsquo;s &rsquo;teaser loans&rsquo;.
 SBI revised home loan rate to 6.95%, that is 25 bps higher than the 6.7% that was offered for a limited period till March 31.&nbsp;
 All eyes now on private sector lenders as concessions in home loans wane away, investors eye RBI meeting tomorrow for more direction on rates.&nbsp;

Purchasing a home is one of the biggest financial decisions you may take in your lifetime, and if you are considering applying for a home loan, it can become even bigger. 
This is a good time to apply for a home loan as India's top lenders, State Bank of India (SBI), Kotak Mahindra Bank and HDFC have reduced the interest on home loan rates.Housing Development Finance Corporation on Wednesday reduced home loans interest rates by 5 basis points to 6.75%. The changes will be effective from 4 March, the company said in a regulatory filing. 
Last week, State Bank of India and Kotak Mahindra Bank also reduced the interest rates on home loans for 6.70% and 6.65 per cent till 31 March. The lenders are also giving 100% waiver on processing fees. The interest concession is based on the loan amount and CIBIL score of the borrower.&nbsp;
&nbsp;

Home loan rates cut, banks rush to give out loans before year end

Purchasing a home is one of the biggest financial decisions you may take in your lifetime, and if you are considering applying for a home loan, it can become even bigger.
This is a good time to apply for a home loan as India's top lenders, State Bank of India (SBI), Kotak Mahindra Bank and HDFC have reduced the interest on home loan rates. Housing Development Finance Corporation on Wednesday reduced home loans interest rates by 5 basis points to 6.75%. The changes will be effective from 4 March, the company said in a regulatory filing.
Last week, State Bank of India and Kotak Mahindra Bank also reduced the interest rates on home loans for 6.70% and 6.65 per cent till 31 March. The lenders are also giving 100% waiver on processing fees. The interest concession is based on the loan amount and CIBIL score of the borrower.&nbsp;
&nbsp;

Planning to buy a new house? Check out these banks for home loans 

Home loan interest rates at a new low SBI, Kotak cut home loan interest rates Latest offer by SBI, Kotak Mahindra Bank HDFC reduced the interest rates on home loans

ICICI&nbsp;Bank has added to the bandwagon increasing the cheer for home buyers as it also has cut home loan rates to 6.7% ahead of year closing.&nbsp; &nbsp; The trend started by India&rsquo;s largest lender that lowered home loan rates to 6.7% was followed swiftly by Uday Kotak backed Kotak Mahindra Bank that went even lower to 6.65%.&nbsp;Real estate lender HDFC also issued a statement that it was lowering the rates by 5 bps as well.&nbsp;&nbsp; &nbsp; All these offers however are limited to new loans before the close of this fiscal year on March 31, lenders are hoping the low rates will boost up loan books before the year ends.

&nbsp;India&rsquo;s largest&nbsp;pubic&nbsp;sector bank SBI has&nbsp;reduced home loan rate to 6.7 % and also is waving off processing fees. This offer is valid&nbsp;till March 31 as per a release from the bank.&nbsp;&nbsp;&nbsp;SBI Home loan interest rates are linked to CIBIL score and start from 6.70 percent for loans up to Rs. 75 lakh and 6.75 percent for loans above Rs. 75 lakhs, the bank said.&nbsp;
Customers can also apply from the ease of their home via YONO App to get additional interest concession of 5 bps. On the eve of International Women&rsquo;s day, a special 5 bps concession is being made available to the women borrowers, the bank said.&nbsp;

SBI offers lower home loan rates, starting at 6.7%

&nbsp; India&rsquo;s largest&nbsp;pubic&nbsp;sector bank SBI has&nbsp;reduced home loan rate to 6.7 % and also is waving off processing fees. This offer is valid&nbsp;till March 31 as per a release from the bank.&nbsp;&nbsp; &nbsp; SBI Home loan interest rates are linked to CIBIL score and start from 6.70 percent for loans up to Rs. 75 lakh and 6.75 percent for loans above Rs. 75 lakhs, the bank said.&nbsp;
 Customers can also apply from the ease of their home via YONO App to get additional interest concession of 5 bps. On the eve of International Women&rsquo;s day, a special 5 bps concession is being made available to the women borrowers, the bank said.&nbsp;

&nbsp; India&rsquo;s largest&nbsp;pubic&nbsp;sector bank SBI has&nbsp;reduced home loan rate to 6.7 % and also is waving off processing fees. This offer is valid&nbsp;till March 31 as per a release from the bank.&nbsp;&nbsp; &nbsp; SBI Home loan interest rates are linked to CIBIL score and start from 6.70 percent for loans up to Rs. 75 lakh and 6.75 percent for loans above Rs. 75 lakhs, the bank said.&nbsp;
 Customers can also apply from the ease of their home via YONO App to get additional interest concession of 5 bps. On the eve of International Women&rsquo;s day, a special 5 bps concession is being made available to the women borrowers, the bank said.&nbsp;

&nbsp; India&rsquo;s largest&nbsp;pubic&nbsp;sector bank SBI has&nbsp;reduced home loan rate to 6.7 % and is also waving off processing fees. This offer is valid&nbsp;till March 31 as per a release from the bank.&nbsp;&nbsp; &nbsp; SBI Home loan interest rates are linked to CIBIL score and start from 6.70 percent for loans up to Rs. 75 lakh and 6.75 percent for loans above Rs. 75 lakhs, the bank said.&nbsp;
 Customers can also apply from the ease of their home via YONO App to get additional interest concession of 5 bps. On the eve of International Women&rsquo;s day, a special 5 bps concession is being made available to the women borrowers, the bank said.&nbsp;

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