If you are thinking of buying a home, this bank is giving you the cheapest home loan

If you are thinking of buying a home, this bank is giving you the cheapest home loan

Every man dreams of having his own home. But for a variety of reasons people cannot afford to own a home and have to live in a rented house. People's incomes have also fallen sharply during this period of the Corona epidemic (Covid-19). Whose impact has fallen on every sector. 

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The real estate sector has been hit hardest by Corona, with few people investing in it. So people bought houses with loans from banks. In this too, people started having difficulty in giving EMI on time. But now get ready to take the house of your dreams. Because the private sector bank Kotak Mahindra Bank is giving you a home loan at the cheapest interest rate.

The RBI has reduced the repo rate and also reduced home loan rates

Now the Reserve Bank of India (RBI) has come up with some measures to enable people to get home loans at low interest rates. The Reserve Bank has reduced the repo rate.

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 Which has also led to a reduction in home loan rates. These rates have come down to the lowest level ever due to internal competition from banks. Now, apart from government banks, private banks will also provide you home loans at very low interest rates.

Kotak Mahindra Bank's interest rate on home loans is 6.75 per cent

Kotak Mahindra Bank, a private sector bank, has the biggest reduction in interest rates on home loans. Kotak Mahindra Bank's interest rate on home loans has come down to 6.75 per cent.

ગુજરાતીમાં વાંચવા માટે અહિયાં ક્લિક કરો. 

 Kotak Mahindra Bank has announced a press release to reduce interest rates on home loans. The bank said, "Digital and social media will also be used to take this home loan scheme to the masses."

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If you have Rs 3000 in your bank account then this bank is giving home loan up to Rs 50 lakh

 If you have Rs 3000 in your bank account then this bank is giving home loan up to Rs 50 lakh

If you have Rs 3000 in your bank account then your dream of owning a home can come true. ICICI Home Finance is offering loans ranging from Rs 2 lakh to Rs 50 lakh. The company has launched a new loan scheme 'Apna Ghar Dreams' for skilled workers working in the unorganized sector in Delhi.

 The company's scheme is for carpenters, electricians, tailors, painters, welding workers, plumbing fixtures, vehicle masons, manufacturing machine manufacturers, RO fixtures, small and medium enterprises and grocery shopkeepers working in the city.

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This document is required

ICICI Home Finance said the loan scheme is for people working in the unorganized sector who want to buy their own home, but do not have the documents commonly sought for lending by banks and financial institutions.

 Under the scheme, customers can get a loan for 20 years, as a document, they will only have to provide PAN (permanent account number) and Aadhaar and six months bank account details. For loans up to Rs 5 lakh, a minimum of Rs 1,500 while for loans above Rs 5 lakh, a minimum of Rs 3,000 should be in the account.

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Offers loans

"Our mission at ICICI Home Finance is to help hard-working professionals and local small businesses fulfill their dream of buying their own home," said Managing Director and CEO (Chief Executive Officer) of ICICI Home Finance Company.

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The company said customers can also avail the Prime Minister's Housing Scheme (PMAY). It is a credit linked subsidy scheme for low income group / economically weaker class (EWS / LIG) and middle income group (MIG-1 and 2). Under the scheme, the borrower can get a maximum subsidy of up to Rs 2.67 lakh.

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