Ahead of festive season, banks slash interest rate on home loans. Get the details here, BFSI News, ET BFSI

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Festive season has commenced and banks as well as non-banking financial institutions have already rolled out a plethora of festival offers like lower interest rates on loans and waiver of processing fees.

Ahead of the festive season, many top banks have announced offers and discounts on home loans.

State Bank of India (SBI), ICICI Bank, Punjab National Bank (PNB), Kotak Mahindra, Bank of Baroda (BoB) and Yes Bank are among the banks offering home loans at attractive rates.

The offer is for a limited time period.

Bank Women Others Effective Rate of Interest Offer valid upto
SBI 6.70% onwards
ICICI Bank 6.70% onwards
Yes Bank 6.65% onwards (salaried) 6.70% onwards 1-Oct to 31 Dec 2021
Kotak Mahindra Bank 6.50% onwards 10-Sep to 8-Nov-21
Punjab National Bank 6.60% onwards

Source: Official Websites

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