What Is The Home Loan Rate Offered By South Indian Bank On Rs 25 Lakhs For 15 Years

South Indian Bank home loan rates vary as per the loan amount sought by borrowers. For home loans of up to Rs. 25 lakhs, South Indian bank provides a home loan interest rate starting at 6.50%. 

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

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What are the home loan interest rates offered by South Indian Bank?

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

Home Loan Interest Rate for Salaried

Home Loan Interest Rate for Self-Employed

South Indian Bank offers multiple home loan schemes at affordable interest rates. The bank’s home loan processing charges are up to 1 % of the loan amount. This helps the bank to cover expenses related to credit appraisal and technical evaluation of a property. The maximum processing fees charged by the bank is set at Rs. 10,000 on home loans. This is typically non-refundable and must be paid during loan application. Additionally, the bank also charges certain technical and legal fees that are explained to the applicant during the loan application process.