Along with the convenience of the customer, the Bank provides a facility wherein the home loan application can be done online by scanning the QR code and instant approval can be obtained. “Scan and Apply”, “Get Instant Approval” is also available for Car Loan, Education Loan, Gold Loan and Personal Loan.
Until the end of November, many banks were offering low mortgage rates as part of their holiday offers. Already at very low levels, it was a good time for potential borrowers to take advantage of a home loan. Although the holiday season deals are over, interest rates on home loans are still at low levels. Many banks had also waived processing and documentation fees, as did Canara Bank for its latest home loan offer.
Click here for a full list of repo rate linked home loan interest rates