These 5 banks are giving an additional discount of 5 basis points on the fixed interest rates of home loans for the purpose of giving relief to women. Especially because the interest rates are skyrocketing at the present time.
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Home Loan Interest Rate : If you are thinking of taking a home loan. So 5 banks have brought good offers on home loans for you. through which you can get a low interest rate home loan can take. But on clearing the home loan, women will not get additional tax exemption separately. The special thing about the offer is that only women can take advantage of this offer. These 5 banks offer home loans at fixed interest rates for the purpose of providing relief to women 5 basis points Offering an additional discount of Rs. Because getting a home loan is considered both an investment and a very serious responsibility. Especially the interest rates are skyrocketing in the present times.
Various banks, non-banking financial institutions (NBFIs), and mortgage lenders are offering special and competitive home loan interest rates to women applicants. According to the government’s decision, women can easily take advantage of the exemption of 1% to 2% in stamp duty on home loans. In this way, she can save around Rs 50,000 to Rs 1,00,000 on a property worth Rs 50 lakh. Here is a list of banks that are offering home loan discounts for women applicants.
State Bank Of India
State Bank of India offers a concession of 5 basis points to women home loan borrowers. The interest rate for women applicants starts from 9.15 to 10.15 percent depending on the credit score.
HDFC
Like SBI, HDFC also offers a discount of 5 basis points on home loans for women. The interest rate for women borrowers starts from 8.95% and can go up to 9.85% depending on the credit score and loan amount.
Canara Bank
A rebate of 5 basis points is available for women borrowers. Canara Bank has started home loan interest rates for women from 8.85%.
Union Bank of India
Union Bank of India is also giving an additional discount of 5 basis points on home loan interest rates to women.
Punjab National Bank
Punjab National Bank offers various offers for housing loans for women. They provide discounts to salaried women, entrepreneurs or housewives. Lower interest rate for women borrowers at 0.05% p.a. Furnishing cost up to 10% of the home loan can be covered subject to a maximum of Rs.25 lakhs.
lower stamp duty for women
Let us tell you that stamp duty is an additional expense while buying a property. Many states offer a 1% to 2% reduction in stamp duty in an effort to encourage women to buy property.
