What do you want of Home Finance Calculator?.
Indian Bank offers numerous types of loans. Home loan is a notable one among them. Home loans are provided both for Indians and Non-Residential Indians. They supply loan for purchasing plots, flats and construction purpose. They supply two dissimilar types of interest. They are floating and fixed rate. Usually, fixed rate is the great choice. Since it does not change, they are reliable. The rate of interest depends on varied factors. Some of them are term period and loan type. Each type of loan has dissimilar rates. 8.00% is the base rate. 12.50% is the Benchmark Prime Lending rate. Rates for dissimilar ranges of loan whole are listed below here. The below mentioned rates are new ones. It was announced on 1.07.2010 only.
The rate of interest for whole less than 20 lakhs is mentioned below:
Home Finance Calculator
Term period - Interest
0-5 yrs - 9.00%
5- 10 yrs - 9.25%
10-15 yrs - 9.50%
15-20 yrs - 9.75%
The interest for loan money in range of 20 lakhs to 30 lakhs is listed below here.
Period - Interest
0-5 years - 9.25%
5- 10 years - 9.50%
10-15 years - 9.75%
15-20 years - 10.00%
The rate of interest for whole in range of 30 lakhs to 2 crores is listed below here.
Tenure - Interest
0-5 years - 9.75%
5- 10 years - 10.00%
10-15 yrs - 10.25%
15-20 yrs - 10.50%
The interest for loan money above 2 crores is 13.50%.
Indian Bank Home Loan Interest Rates
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