Lakshmi Vilas Bank Home loan Interest Rates

Highlights

  • Lakshmi Vilas Bank Home Loan Interest Rates at 9.30% p.a.
  • Low interest rates transpire greater savings for the borrowers

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Lakshmi Vilas Bank Home loan Interest Rates July 2019

Planning to buy a home to kick out the hassles a rental life brings to the fore? You are planning a right thing at the right time. Just go online and apply for Lakshmi Vilas Bank Home Loan whose interest rates have declined to 9.30% per annum. As the rates are softening, it’s time to avail a home loan and prevent the outflow of extra interest repayments.

ParticularsDetails
Interest Rate9.90%
Loan Amount80% of the project cost on availing loans for purchasing or constructing a new house/flat

75% of the purchase price if the loan is taken to buy old houses or approved residential plots
Loan TenureUp to 20 years or the time when a borrower attains 65 years, whichever is earlier, for purchase or construction of a new house/flat

Up to 5 years, including the repayment holiday period, on availing a loan to repair or renovate homes and purchase a residential plot
Processing FeeAs Applicable by the Bank

Lakshmi Vilas Bank Home loan Balance Transfer Rates

Already servicing a home loan somewhere? Is your present lender charging an interest rate higher than that of Lakshmi Vilas Bank (LVB)? Why don’t you then switch over the unpaid portion of the loan to LVB and save on the interest repayments. Of late, many borrowers are availing this option at the face of falling rates and giving their wallet a much-needed protection against the raging inflation.

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