Loan interest

Canara Bank home loan interest rates will start at 6.65%

Canara Bank announced on Saturday that it had a limited-time offer in which interest rates on home loans would start at 6.65% per annum. “This offer is applicable to all clients, regardless of loan amount. In addition to the attractive interest rate and fast, hassle-free sanction, the Bank has waived processing and documentation fees. a great opportunity to secure a home loan from Canara Bank to take advantage of this limited time offer,” reads a press release from the bank.

Along with the convenience of the customer, the Bank provides a facility wherein the home loan application can be done online by scanning the QR code and instant approval can be obtained. “Scan and Apply”, “Get Instant Approval” is also available for Auto Loan, Education Loan, Gold Loan and Personal Loan.

Until the end of November, many banks offered low mortgage rates as part of their holiday offers. Already at very low levels, it was a good time for potential borrowers to take advantage of a home loan. Although the holiday season deals are over, interest rates on home loans are still at low levels. Many banks had also waived processing and documentation fees, as did Canara Bank for its latest home loan offer.

Click here for a full list of repo rate linked home loan interest rates