Below is the list of Home Loan providers with the monthly EMI one needs to pay on the home loan of Rs. 1 Lakh. The lowest Home loan is provided by SBI and ICICI Bank for all Home Loan tenure.
The best home loans have been highlighted.
|Floating Rate EMI||Home Loan Tenure|
|Home Loan Company||5 Years||10 Years||15 Years||20 Years|
|Bank of Baroda||2,174||1,392||1,152||1,066|
|Bank of Maharashtra||2,154||1,369||1,143||1,039|
|Central Bank of India||2,162||1,363||1,121||1,015|
|Indiabulls Housing Finance||2,174||1,378||1,137||1,032|
|Union Bank of India||2,187||1,406||1,168||1,084|
|LIC Housing Finance||2,164||1,366||1,124||1,019|
|Oriental Bank of Commerce||2,162||1,363||1,137||1,032|
|Punjab National Bank||2,187||1,406||1,168||1,084|
Home loan EMI per Rs. 1 lakh for a loan amount of Rs. 30 lakh
Source: Mint paper;
Data as of March 31, 2012
With the new Financial year, the interest rates might change. It would be updated here once banks publish the same on their websites.