Benefits of Applying Online
When Banks Compete, you win.
Apply for a Home Loan at ApnaPaisa and we will match your requirements with the best offers from our network of over 400 service providers. We will get a maximum of five providers to compete for your business. WHEN BANKS COMPETE YOU WIN. You can then decide which home loan is best for you based on:
- Lowest Interest Rate
- Lowest EMI
- No Pre-payment charges
- Lowest Processing Fees
- Maximum Eligible Loan Amount
- Mandatory Documents Required
- Lowest Processing Fees
Or any other factor that is important to you.
Negotiating Tips
1) If you have a good credit record and your income is sufficient to justify the loan you can negotiate on interest rates. You can also try and get Processing fees or legal or valuation fees reduced or completely waived.
2) If you go for a floating rate loan then pre-payment charges are not payable.
3) When interest rates are high and are expected to go down you should go in for a floating rate loan as it makes no sense to lock into high fixed rates or the so called Dual rate loans where rates remain fixed for a couple of years before shifting to regular floating rate loans. Please review this decision at least once every 6 months
4) Take term insurance and critical illness and accidental disability policy for the full loan amount to make sure you or your loved ones don't have to worry about loan repayment should you die or are disabled due to a critical illness or accident. You cannot be forced to buy this policy from the insurance company chosen by the lender - you should choose your own insurer.
Comparison Of State Bank of Hyderabad plans with similar plans
| Plan | Interest Rate Min | Interest Rate Max | EMI | Processing Fee |
|---|
South Indian Bank - Floating
13.25
13.25
23789
0.50% of loan amount
| South Indian Bank - Floating | 13.25 | 13.25 | 23789 | 0.50% of loan amount |
ICICI Bank - 2 year fixed
10.75
10.75
20305
0.5% of loan amount
| ICICI Bank - 2 year fixed | 10.75 | 10.75 | 20305 | 0.5% of loan amount |
Dhanalakshmi Bank Ltd
12.25
12.25
22371
Rs. 3500 - Rs. 5000
| Dhanalakshmi Bank Ltd | 12.25 | 12.25 | 22371 | Rs. 3500 - Rs. 5000 |
Tamilnad Mercantile Bank Ltd - Floating
13.0
13.0
23432
0.50% of loan amount
| Tamilnad Mercantile Bank Ltd - Floating | 13.0 | 13.0 | 23432 | 0.50% of loan amount |
ICICI Bank - 3 years fixed
10.75
10.75
20305
0.50% of loan amount
| ICICI Bank - 3 years fixed | 10.75 | 10.75 | 20305 | 0.50% of loan amount |
State Bank of Mysore- Floating
11.25
11.25
20985
0.50% of loan amount, maximum Rs 10000
| State Bank of Mysore- Floating | 11.25 | 11.25 | 20985 | 0.50% of loan amount, maximum Rs 10000 |
Syndicate Bank - Floating
10.75
10.75
20305
Rs 700 per lac or part thereof or min Rs 1000
| Syndicate Bank - Floating | 10.75 | 10.75 | 20305 | Rs 700 per lac or part thereof or min Rs 1000 |
Axis Bank-Floating
10.75
10.75
20305
1% of loan amount
| Axis Bank-Floating | 10.75 | 10.75 | 20305 | 1% of loan amount |
Citibank - Floating
12.0
12.0
22022
upto 1% of loan amount
| Citibank - Floating | 12.0 | 12.0 | 22022 | upto 1% of loan amount |
State Bank of Hyderabad - Floating
11.25
11.25
20985
0.5% of loan amount, max Rs 10000
| State Bank of Hyderabad - Floating | 11.25 | 11.25 | 20985 | 0.5% of loan amount, max Rs 10000 |
ICICI Bank
10.5
10.5
19968
0.5% of loan amount
| ICICI Bank | 10.5 | 10.5 | 19968 | 0.5% of loan amount |
Canara Bank - Floating
11.5
11.5
21329
0.5% of loan amount subject to minimum of Rs. 500 and maximum of Rs. 10000
| Canara Bank - Floating | 11.5 | 11.5 | 21329 | 0.5% of loan amount subject to minimum of Rs. 500 and maximum of Rs. 10000 |
Axis Bank-Fixed - Nischint
11.75
11.75
21674
1% of loan amount
| Axis Bank-Fixed - Nischint | 11.75 | 11.75 | 21674 | 1% of loan amount |
Punjab National Bank - Fixed
11.25
11.25
20985
0.90% of loan amount
| Punjab National Bank - Fixed | 11.25 | 11.25 | 20985 | 0.90% of loan amount |
State Bank of Travancore
11.25
11.25
20985
upto Rs 25000- Nil, above Rs 25000 upto Rs 2 lakh- 0.55% of the loan amount or max Rs 500, above Rs 2 lakh- 0.55% of the loan amount or max Rs 10000
| State Bank of Travancore | 11.25 | 11.25 | 20985 | upto Rs 25000- Nil, above Rs 25000 upto Rs 2 lakh- 0.55% of the loan amount or max Rs 500, above Rs 2 lakh- 0.55% of the loan amount or max Rs 10000 |
Allahabad Bank - Floating
11.75
11.75
21674
Nil
| Allahabad Bank - Floating | 11.75 | 11.75 | 21674 | Nil |
IDBI Bank - Floating
10.75
10.75
20305
1% of loan amount
| IDBI Bank - Floating | 10.75 | 10.75 | 20305 | 1% of loan amount |
Union Bank of India - Floating
10.5
10.5
19968
0.5% of loan amount or max Rs 15000
| Union Bank of India - Floating | 10.5 | 10.5 | 19968 | 0.5% of loan amount or max Rs 15000 |
Bank of Baroda - Floating
11.0
11.0
20644
Nil
| Bank of Baroda - Floating | 11.0 | 11.0 | 20644 | Nil |
Bank of Maharashtra- Floating
10.8
10.8
20372
upto Rs 5 lakh- Rs 1000, above Rs 5 lakh and upto Rs 15 lakh- 2500, above Rs 15 lakh- 5000
| Bank of Maharashtra- Floating | 10.8 | 10.8 | 20372 | upto Rs 5 lakh- Rs 1000, above Rs 5 lakh and upto Rs 15 lakh- 2500, above Rs 15 lakh- 5000 |
Punjab National Bank - Floating
10.75
10.75
20305
0.90% of loan amount
| Punjab National Bank - Floating | 10.75 | 10.75 | 20305 | 0.90% of loan amount |
DCB
11.25
11.5
20985 - 21329
0.5% of the loan amount, min Rs 5000.
| DCB | 11.25 | 11.5 | 20985 - 21329 | 0.5% of the loan amount, min Rs 5000. |
Central Bank of India- Floating
10.5
10.5
19968
0.50 % of loan amount, maximum Rs.20,000/-
| Central Bank of India- Floating | 10.5 | 10.5 | 19968 | 0.50 % of loan amount, maximum Rs.20,000/- |
UCO Bank - Floating
11.75
12.25
21674 - 22371
0.5% of the loan amount or min Rs 1000
| UCO Bank - Floating | 11.75 | 12.25 | 21674 - 22371 | 0.5% of the loan amount or min Rs 1000 |
Vijaya Bank - Floating
11.3
11.3
21054
upto Rs 25000- Nil, above Rs 25000 upto Rs 2 lakh- Rs 500, above Rs 2 lakh upto Rs 30 lakh- 0.5% of loan amount or max Rs 1000, above Rs 30 lakh- 0.5% of loan amount or min Rs 15000 and max Rs 20000
| Vijaya Bank - Floating | 11.3 | 11.3 | 21054 | upto Rs 25000- Nil, above Rs 25000 upto Rs 2 lakh- Rs 500, above Rs 2 lakh upto Rs 30 lakh- 0.5% of loan amount or max Rs 1000, above Rs 30 lakh- 0.5% of loan amount or min Rs 15000 and max Rs 20000 |
State Bank of Bikaner& Jaipur - Floating
10.5
10.5
19968
0.6% of loan amount, Max Rs 10000.
| State Bank of Bikaner& Jaipur - Floating | 10.5 | 10.5 | 19968 | 0.6% of loan amount, Max Rs 10000. |
Bank of India - Floating
10.5
10.5
19968
0.55% of loan amount or min Rs 4000 and max Rs 10000.
| Bank of India - Floating | 10.5 | 10.5 | 19968 | 0.55% of loan amount or min Rs 4000 and max Rs 10000. |
ICICI Bank - 1 year fixed
10.5
10.5
19968
0.5% of loan amount
| ICICI Bank - 1 year fixed | 10.5 | 10.5 | 19968 | 0.5% of loan amount |
SBI Home Loan - Floating
10.5
10.5
19968
0.25% of loan amount
| SBI Home Loan - Floating | 10.5 | 10.5 | 19968 | 0.25% of loan amount |
Punjab & Sind Bank
11.25
11.25
20985
0.5% of loan amount, Max Rs 10000/-
| Punjab & Sind Bank | 11.25 | 11.25 | 20985 | 0.5% of loan amount, Max Rs 10000/- |
Saraswat Bank - Floating
11.0
11.0
20644
Rs. 5000/-
| Saraswat Bank - Floating | 11.0 | 11.0 | 20644 | Rs. 5000/- |
Saraswat Bank - Fixed
12.0
12.0
22022
Rs. 5000/-
| Saraswat Bank - Fixed | 12.0 | 12.0 | 22022 | Rs. 5000/- |