Home loan emi: If you are also planning to buy a house somewhere by gathering your hard -earned money and are going to take a home loan for it, then this news is for you. Actually, taking a loan in today's era is not as big a matter, a loan can be taken by giving some documents, but the most important it is to pay its interest. To fill EMI on time. In such a situation, it is very important to calculate EMI while taking home. Let us tell you about 9 such banks that are imposing less interest on home loans of Rs 50 lakh for 20 years, due to which the monthly EMI is falling short.

Home loan interest rates and EMI

1. Canara Bank- Bank market. According to com, Canara Bank is giving the cheapest home loan among public sector banks. The interest rate starts at 7.3%. For 20 years, EMI will be about Rs 39,670 for 20 years.
2. Union Bank of India- Union Bank is also giving home loan at an interest rate of 7.3%. The 20 -year loan EMI of Rs 50 lakh will be about Rs 39,670, which is the most economical in the public sector.
3. Bank of Baroda- The home loan of Bank of Baroda starts at 7.45% interest rate. EMI will be Rs 40,127 on a 20 -year loan of Rs 50 lakh, which is a very good option.
4. state Bank of India- SBI home loan is giving 7.5% interest rate. EMI will be Rs 40,280 on a 20 -year loan of Rs 50 lakh, which is reliable and economical.
5. Punjab National Bank- PNB is also giving loans at 7.5% interest rate. The EMI of 20 years loan of Rs 50 lakh will be Rs 40,280.
6. ICICI Bank- ICICI Bank offers home loans at 7.7% interest rate. EMI will be Rs 40,893 on a 20 -year loan of Rs 50 lakh, which is popular in the private sector.
7. HDFC Bank- HDFC bank's interest rate starts at 7.9%. EMI will be Rs 41,511 on a 20 -year loan of Rs 50 lakh.
8. Kotak Mahindra Bank- Kotak Mahindra Bank gives home loan at 7.99% interest rate. The EMI of 20 years loan of Rs 50 lakh will be Rs 41,791.
9. Axis Bank-Axis Bank offers home loans at 8.35% interest rate. EMI will be Rs 42,918 on a 20 -year loan of Rs 50 lakh.