Should I Borrow A Home Loan From South Indian Bank

South Indian bank home loan interest rates as of Aug 2021 starts at 8.05% p.a. for a maximum loan tenure of 30 years. The bank charges processing fees on housing loans at 1.00% and the maximum amount is Rs. 10,000. The bank also has special discounted rates for women home loan borrowers. 

What are the benefits of borrowing a home loan from South Indian Bank?

• Low-interest rate
• No hidden costs and administrative charges
• Low processing fees
• No security needed
• Limited paperwork
• No prepayment penalties

Features of South Indian Bank Home Loans

Key Highlights

Additional Read – Calculate your EMI for South Indian bank home loan

What are the home loan interest rates charged by South Indian banks for different borrowers?

The home loan interest rates in South Indian Bank for salaried & non-salaried employee is mentioned in the table below:

Home Loan Interest Rate for Salaried

Home Loan Interest Rate for Self-Employed

South Indian Bank is one of the leading private sector banks in the country. The bank offers the lowest home loan interest rate starting at 8.05%. There have been no recent changes in the interest rate offerings of South Indian Bank home loan as it continues to range between 8.05% to 8.20%.