Comapare Home Loans Across Banks

<td<td”>10.25% for loan amount less than 75Lks and 10.50% for Loan Amount above 75Lks

Citi Bank HDFC ICICI Axis Bank SBI
Max Loan Tenor 20Yrs 25 to 30 Yrs 25 to 30 Yrs 25 to 30 Yrs 25 to 30 Yrs
Rate of Interest 10.25 for less than 75Lks and 10.65 for above 75Lks 10.25% for loan amount less than 75Lks and 10.50% for Loan Amount above 75Lks 10.25% for loan amount less than 75Lks and 10.50% for Loan Amount above 75Lks 10.15% for loan amount less than 75Lks and 10.40% for Loan Amount above 75Lks
Processing Fee 0.1% of Loan Amount 11236/Rs 11236/Rs 11236/Rs 7500 Plus ST
Other Taxes Nil 0.1% of Loan Amount as MOD Charges 0.1% of Loan Amount as MOD Charges 0.1% of Loan Amount as MOD Charges 0.2% of Loan Amount as MOD Charges
Foreclosure Charges Nil Nil Nil Nil Nil
Legal & Technical Charges Nil Nil Nil Nil Has to be paid seperately to the lawyer can range from 4K to 5K Rs
Preclosure Charges Nil Nil Nil Nil Nil
Time for Sanction 7 – 10 working days 10-15 Working Days 10-15 Working Days 10-15 Working Days 45 – 60 Working Days
Co Applicant Compulsory Optional Compulsory Compulsory NA
Home Credit Facility Home Credit (Similar to Max gain) NA NA NA Max Gain
Insurance Optional Optional Property Insurance Property Insurance Property Insurance
Future Disbursement Online Online Online Online Manual / Visit to branch req