If you plan to buy a home it is the best time

If you plan to buy a home, it is the best time in the last 10 years. At present, the prices of the house are not as low, but you can easily save an extra Rs 6-7 lakhs through the bank and central government schemes. State Bank of India (SBI) recently reduced its home loan interest rate to 8.35%. Which is the lowest rate in the banking industry. So if you buy a home loan from SBI, you will get a benefit of Rs 6 lakh to 7 lakh on home loans up to Rs 30 lakh compared to other banks.

Apart from this, other benefits, including government subsidy scheme, have become easier and cheaper to buy a house. Here we are telling you how much you can save on SBI's home loan.

Read the next slide - How much will be the interest rate savings

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