Compare Bank of India vs Punjab and Sind Bank Home Loan
Compare Home Loan EMI of Bank of India and Punjab and Sind Bank
| Loan Amount | Bank of India | Punjab and Sind Bank |
|---|---|---|
| ₹ 10 Lakh | ₹ 6,619 | ₹ 7,373 |
| ₹ 25 Lakh | ₹ 16,549 | ₹ 18,431 |
| ₹ 30 Lakh | ₹ 19,858 | ₹ 22,118 |
| ₹ 50 Lakh | ₹ 33,097 | ₹ 36,863 |
Which is a better bank for Home Loan – Bank of India or Punjab and Sind Bank?
Bank of India offers lower Home Loan EMI at ₹ 662 on a Home Loan for 30 Years as compared to Punjab and Sind Bank with a minimum EMI of ₹ 737 for 30 Years. Average customer ratings for Bank of India is currently at 2.5/5.0 which makes it a good choice for taking a Home Loan.
How does Bank of India Home Loan compare with Punjab and Sind Bank Home Loan?
It is important to do a detailed comparison of Bank of India and Punjab and Sind Bank on all loan terms and conditions to understand their differences and make an informed decision. Keep in mind that each bank’s scheme has its pros and cons that have to be evaluated before choosing the best offer. Some of the key results of the comparison between the two banks are:
Which bank offers a lower interest rate on Home Loan – Bank of India or Punjab and Sind Bank?
As per the current rates, Bank of India offers a lower interest rate of 6.95% on Home Loan when compared to Punjab and Sind Bank which offers a Home Loan at 8.05%.
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Compare Bank of India Home Loan With Other Banks
Compare Punjab and Sind Bank Home Loan With Other Banks
- 2021-09-24 : ICICI Bank Revises Home Loan Interest Rate
ICICI Bank has cut home loan interest to 6.70%. The lowest rate for salaried is 6.70% and self-employed is 6.80%. If a borrower has a low credit score then they will have to pay 7.40% of the principal amount. - 2021-09-24 : LIC Housing Finance Announces New Home Loan Rates
LIC Housing Finance has slashed the home loan rate to 6.66% for loans up to Rs 2 crore. These rates will be offered to the borrowers who have a credit score above 700 and it is valid till November 30, 2021. - 2021-09-21 : HDFC Bank Introduce Festival Bonanza Offer
HDFC Bank has come up with a festival bonanza offer which is valid till October 31, 2021. The lender has cut home loan interest rate to 6.70%, the special rate is linked to borrowers credit score. - 2021-09-20 : PNB Introduces Festival Bonanza Offer
Punjab National Bank (PNB) has introduced a festival bonanza offer under which they reduced home loan interest to 6.80%. Also, the lender has waived off processing fees and documentation charges on all retail loans like home loans, personal loans, car loans, gold loans, property loans. These charges are valid till December 31, 2021. - 2021-09-17 : Bank of Baroda Slashes Home Loan Interest Rate
Bank of Baroda (BOB) has introduced a festive offer #KhushiyonKaShreeGanesh. The lender has reduced the home loan interest rate to 6.75%. Along with a slashed interest rate the bank has also waived off processing fees.
