Union Bank of India

UBI is now offering an interest rate of 8.50% for home loans upto Rs. 50 lacs for first 3 years of loan repayment period. After the first 3 years, the bank is offering interest rates linked to its BPLR and the interest rates will depend on the BPLR prevailing at the end of your 3 years loan period. Interest rates for loan amounts above Rs. 50 lakhs are being offered at 9.25% for first 3 years of your loan. After the first 3 years, interest rates will be based on the bank's BPLR. Interest rates offered by UBI are attractive and if you are looking for a home loan, this is certainly a good offer.