Lowest Interest rate of SBI Loan is 9.60%, which is lower than the lowest interest rate of Axis Bank at 10.49%. … Axis Bank offers Personal Loan upto an amount of ₹ 25 Lakh, while SBI offers Loan upto an amount of ₹ 15 Lakh. Therefore, Axis Bank can be a better option if you are looking for a high value amount.
Keeping this in consideration, is it good to take home loan from Axis Bank?
Axis Bank is one of the top private sector banks in India and offers both fixed as well as floating rate Home Loans. The interest rates start at 9.6% and the processing fee is quite competitive. … Axis Bank Home Loan reviewers said that the customer service is one of the most efficient ones in the industry.
Additionally, what are the charges for SBI home loan?
SBI Home Loan Processing Fees
| Processing Fees | Starts at 0.35% of the loan amount |
|---|---|
| Interest Rate | 6.80% p.a. onwards |
| Maximum Tenure | 30 years |
Which bank is best for home?
Best banks to get your home loan in 2021
- Union Bank of India.
- Union Bank home loan interest rate.
- Kotak Mahindra Bank.
- Kotak Mahindra home loan interest rate.
- Bank of Baroda.
- Bank of Baroda home loan interest rate.
- Punjab National Bank.
- Punjab National Bank home loan interest rate.
Which is best HDFC or SBI?
Some of the key results of the comparison between the two banks are: Lowest Interest rate of SBI Loan is 9.60%, which is lower than the lowest interest rate of HDFC Bank at 10.25%. … Therefore, HDFC Bank can be a better option if you are looking for a high value amount.
Why is SBI better than other banks?
They are very well positioned on the liability franchise, they have very cheap CASA deposits, their cost of funds would be much cheaper and they have the best kind of reach. Also, SBI is the largest mortgage lender in India.