Which bank provides long-term home loans with small payments?

Aarav

I need advice on which bank is best for getting a home loan. I need 20 lakhs of rupees, and I want the longest term possible so that monthly payments are smaller.

So which bank has the lowest interest rates, an easy application process, and good customer service?

This is the first time I am applying for a loan. So any advice would be appreciated.

Reema

SBI and HDFC banks are very popular banks for providing home loans because of their affordable interest rates and easy application process. SBI offers the lowest interest rates, and HDFC gives the flexible repayment options and good customer service. Before applying for the loans, make the following things clear in your mind:

Understand your eligibility criteria, like income and age.
Don’t just focus on interest rates; also focus on processing fees, prepayment charges, and other terms.
Maintain a good credit score; it will help you to get a lower interest rate.
It’s better to compare all the offers from different banks and then choose wisely.