A "low interest" loan shouldn't mean you have very little interest in paying it back!
Religare Home Loan offers home loans up to Rs.50 lakh at competitive rates starting from 10.50% p.a. It offers a range of services including home improvement loans, home extension loans and self-construction loans. You can take the loan for a period of 25 years.
| Interest Rate | 14% - 17% |
| Processing Fee | Up to 3.5% of the home loan amount applied |
Compare: Home Loan Interest Rate all Banks
| Interest Rate | 14% - 17% |
| Processing Fee | Nil |
| Interest Rate | 14% - 17% |
| Processing Fee | Nil |
Your home loan EMI (equated monthly instalment) depends on several factors, including the loan amount, tenure, and interest rate. To calculate your monthly instalments beforehand, you can use BankBazaar Home Loan EMI Calculator.
You can learn about your EMI instantly. You will need to enter all the details related to your loan, including amount, rate of interest, and processing fee. Click on “calculate” to view your EMI. This will be followed by an amortisation table that will give you a complete breakdown of your repayment schedule.
| Age | Above 21 years (self employed) Above 25 years (salaried individuals working for minimum 3 years/ having stable source of income) |
| Nationality | Resident Indians |
No, a personal guarantor is not necessary. It would depend on a case to case basis, as counselled by your loan advisor.
The EMI payments will begin the month following the full loan amount being disbursed to the applicant.
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