Which bank is giving the cheapest home loan in present times, we will know about this.

Kotak Mahindra and Punjab & Sind Bank are giving cheapest home loan.

Kotak Mahindra and Punjab & Sind Bank are offering home loans with an interest rate of 6.65%.

Other banks like SBI, BOB, ICICI Bank, Union Bank of India are offering interest rate less than 7% per annum.

At present, the interest rate of HDFC Bank Home Loan is between 6.75 to 7.85% per annum.

If you take a home loan of 20 lakhs for 20 years at an interest rate of 7% per annum, your monthly installment will be Rs 15,500.

If 20 lakh home loan is taken for 30 years, then the monthly installment will come to Rs 13,300.

The home loan interest rate depends on your age, monthly income, credit score, job profile, etc.

For more information related to home loan, you can click on the link given below.