Compare PNB HFL Home Loan Interest Rates and HDFC Home Loan Rates

PNB housing finance is a well-known lender for a home loan. It is popular for the approach it has towards its customers and also for the design of the product. The home loan product is designed by keeping in mind needs of customers. As a new home loan applicant, many people get confused with the thought of approaching a lender but PNB HFL home loan gives people that comfort.

However, other lenders such as HDFC Ltd are also very popular for the home loan. So, as a new-bee, you can decide which is suitable to you by looking into account interest rates at each lender. You can compare PNB HFL home loan interest rates with HDFC home loan rates with the help of PNB hfl home loan EMI calculator.

PNB HFL Home Loan Eligibility Criteria

NRI Home Loans Eligibility Criteria

• Indian citizen or a Person of Indian Origin (PIO) holding an Indian passport with the status of NRI on deputation/ employment/ assignment.
• At least one year in a foreign country before seeking a house loan.
• Minimum service over one year shall not apply to people going abroad on deputation.
• Should not be more than 70 years at the time of loan maturity.

Eligibility Criteria for Unnati Home Loans

• An individual with any Professional Degree/Diploma/Post-Graduate Degree/ITI etc.
• An employee of local and stable business entity like Petrol Pump, Restaurant, Jewellery shops, Garments shop etc. The employer’s business can be a proprietorship/partnership/private limited/limited company/trust etc.
• An individual with a fixed minimum income of ₹10,000 per month. This is valid for combined income also in case there is a co-applicant.
• Age at the time of loan maturity should not be more than 70 years if you are a salaried employee and not more than 65 years if you are a self-employed professional/non-professional

PNB Home Loan Interest Rates

PNB hfl home loan interest rates are floating and range between 9-13% per annum. You can check EMIs based on these rates and then accordingly choose which loan amount and tenure would suit your pocket.

HDFC Home Loan Interest Rates

HDFC housing finance company is currently offering one of the lowest interest rates for home loans. HDFC home loan interest rates start at 8.90% per annum. The maximum rate for home loans is 9.65% per annum.

PNB HFL home loan EMI calculator

A loan EMI calculator is specifically designed to help borrowers track their repayment capacity. With time, interest part on a loan reduces and which is visible through the amortization table. As an applicant of home loan, you can compare different home loan EMIs with the help of PNB HFL home loan EMI calculator. It shows results within minutes and is of great help to identify which loan amount and tenure is going to be perfect for you.

As seen above, you can simplify your search with the help of a loan EMI calculator and decide which lender is better for you - PNB HFL or HDFC Ltd.