personal finance

Canara Bank home loan interest rates to start from 6.65%

announced on Saturday that it has a limited period offer wherein home loans interest rates will start from 6.65% per annum. “This offer is applicable to all customers irrespective of the loan amount. Along with the attractive rate of interest and quick & hassle free sanction, the Bank has waived processing and documentation charges. This is a great opportunity to get home loan from Canara Bank to derive the benefits of this limited period offer,” stated a press release from the bank.

Adding to the customer convenience, the Bank is providing facility wherein the request for home loan can be made online by scanning the QR code and instant approval can be obtained. ‘Scan & apply’, ‘get instant approval’ is available for car loan, education loan, gold loan and personal loan also.

Till the end of November many banks were offering low home loan rates as part of their festive season offers. Already at really low levels, it was a good time for prospective borrowers to avail of a home loan. Although, the festive season offers are over, interest rates on home loans are still are low levels. Many banks had also waived off processing and documentation charges just like Canara Bank as for its latest home loan offer.

Click here to get the full list of repo-rate linked home loan interest rates


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