Diwali Home Loan Discount Offer: Avail cheap home loan offer on Diwali, know the rates

Diwali Home Loan Offer: Interest rates on home loans have become expensive after the RBI’s decision to increase the repo rate. But to woo home customers during the festive season, banks and housing finance companies are offering cheap home loans. The country’s largest banks from SBI to HDFC, Bank of Maharashtra and Bajaj Finance have decided to reduce home loan interest rates on the festive season.

SBI cheap home loan
Under the festive season and Diwali offer, State Bank of India is giving cheap home loans. The bank has cut the home loan interest rates by 0.25 percent, after which the interest is starting from 8.40 percent. SBI is offering a discount of 0.15 percent on top up loan and 0.30 percent on loan against property. The bank has decided not to charge processing fees till January 2023.

cheap home loan offers from hdfc
HDFC has also come up with cheap home loan offers. HDFC is offering home loans @ 8.40 per cent to those with credit scores above 750, irrespective of the home loan amount. This offer will be open till 30th November. Earlier, HDFC was offering home loans ranging from 8.60 to 9 percent depending on the credit score.

offers from bajaj finance
Bajaj Housing Finance Diwali Has brought a special offer in which home loan is being given at the rate of 8.2 percent. This offer is for salaried and professional people. The cheap home loan offer will be open from October 14 to November 30 and is applicable for select locations only.

Bank Of Maharashtra Affordable Home Loan
Bank of Maharashtra has also cut home loan interest rates by 30 to 70 basis points on festivals. The bank’s home loan is starting from 8 percent.

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