Compare Home Loan - GIC Housing Finance vs Central Bank of India
Compare EMI of GIC Housing Finance and Central Bank of India Home Loan
| Loan Amount | GIC Housing Finance | Central Bank of India |
|---|---|---|
| ₹ 10 Lakh | ₹ 9,816 | ₹ 6,856 |
| ₹ 25 Lakh | ₹ 24,541 | ₹ 17,139 |
| ₹ 30 Lakh | ₹ 29,449 | ₹ 20,567 |
| ₹ 50 Lakh | ₹ 49,082 | ₹ 34,279 |
Which is a better bank for Home Loan – Central Bank of India or GIC Housing Finance?
Central Bank of India offers lower Home Loan EMI at ₹ 686 on a Home Loan for 30 Years as compared to GIC Housing Finance with a minimum EMI of ₹ 982 for 20 Years. Average customer ratings for Central Bank of India is currently at 3.5/5.0 which makes it a good choice for taking a Home Loan.
How does Central Bank of India Home Loan compare with GIC Housing Finance Home Loan?
It is important to do a detailed comparison of Central Bank of India and Home Loan on all loan terms and conditions to understand their differences and take an informed decision. Keep in mind that each bank’s scheme has its own 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 lower interest rate on Home Loan – Central Bank of India or GIC Housing Finance?
As per the current rates, Central Bank of India offers a lower interest rate of 7.30% on Home Loan when compared to GIC Housing Finance which offers a Home Loan at 10.25%.
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