(i) Loan upto Rs.30 lakhs: 10% (ii) Loan above Rs.30 lakhs to Rs.75 lakhs: 20% (iii) Loan above Rs.75 lakhs: 25%. Loan for Repairs & Renovation: 30%: Repayment Period (inclusive of Holiday Period) General Home Loan: Maximum 30 years Bank of Baroda Home Loan. Interest rates applicable: Bank of Baroda offers loans at low and competitive rates. Bank of Baroda Home Loan can only be availed on a floating rate of interest basis, rates range from 8.40% - 10.60% p.a. The processing fees for NRI Home loan usually range between 0.25% and 2.00% of the total loan amount. RBI has provided specific guidelines to prevent lenders from demanding prepayment fees on a floating rate NRI Home Loan. However, they are free to decide the quantum of prepayment fees on fixed-rate NRI Home Loans. Central Bank of India Home Loan Interest Rates – Updated in January 2024. Central Bank of India offers competitive home loan interest rates starting from 8.55% p.a. for individuals looking to purchase their dream homes. With financing options of up to 30 years and coverage of up to 90% of the property value, these rates attract potential buyers. At 8.6 percent, the home loan interest rates offered by Union Bank of India, along with Bank of Maharashtra, Indian Overseas Bank and Bajaj Finserv, figure in the list of cheapest home loan rates. What are the various fixed and floating interest rates on offer for home loans today? Let's take a comprehensive look at interest rates across banks and housing finance companies. Indian Bank fTEZUO. The interest rates on gold loan, availed by pledging gold, are relatively lower than other types of loans and range between 8.00% p.a. to 26% p.a. Banks and other financial institutions in India offer gold loans, the loan amount for which ranges from Rs.1500 to Rs.1.5 crore. The interest rates are as of 2019. Bank of India provides interest rates of 8.85% to 8.90%, with special discounted rates for women borrowers for whom the bank offers the lowest interest rate of 8.85%. Loan Amount. Bank of India Home Loan Floating Interest Rate. Rates offered for female applicants. Interest rate for products relate to Rupee Export Credit. MSME: For export credit products, Prevailing Repo rate should be taken as Benchmark rate. Interest rate for respective products will be based on Repo plus spread as given below. Pre-Shipment Credit: Interest Rate (p.a.) Up to Rs 2 lakh. 8.80%. Above Rs 2 lakh and up to Rs 10 lakh. 9.45%. Above Rs 10 lakh and less than Rs 50 lakh. 9.85%. In case of MSE loan products less than Rs 50 lakh, the above rate or rate as per the product, whichever is less, is applicable. Purpose. Any purpose including repairs, renovation of buildings, marriage, education, household festivals / functions, Medical or any bankable purpose other than speculative purposes. Quantum of Loan. Individuals: – Loan quantum considering age & repayment capacity. Minimum: Rs.5.00 Lakhs. Are you a resident of Mumbai? Are you searching for a home near you? Avail the best home loans in Mumbai at interest rates ranging from 8% p.a. to 12.50% p.a. With a loan amount up to Rs.10 crore and a loan repayment tenure of up to 30 year, your dream home is just a few clicks away.

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