Some of the key results of the comparison between the two banks are: Lowest Interest rate of SBI Loan is 9.60%, which is lower than the lowest interest rate of ICICI Bank at 10.25%. … This makes ICICI Bank a better option for Personal Loan. ICICI Bank has an average customer rating of 4.5.
Hereof, is SBI best for home loan?
More than 40 lakh families have chosen SBI as the preferred Banker for their home loan. In addition to conventional home loans, you can also get Top-Up loans from SBI at really attractive interest rates starting at just 8.60% p.a. In case you have not finalized a home, you can opt for a Pre-Approved Home Loan from SBI.
| Banks | Interest Rates |
|---|---|
| ICICI Bank | 6.75% to 7.30% |
| HDFC Bank | 6.75% to 7.30% |
| IDBI Bank | 6.95% to 10.05% |
| Axis Bank | 6.90% to 8.55% |
Just so, which is best bank for home loan?
Best banks to get your home loan in 2021
- Union Bank of India.
- Union Bank home loan interest rate.
- Kotak Mahindra Bank.
- Kotak Mahindra home loan interest rate.
- Bank of Baroda.
- Bank of Baroda home loan interest rate.
- Punjab National Bank.
- Punjab National Bank home loan interest rate.
Which is best HDFC or SBI?
Results of a comparative analysis between both banks highlight that: Lowest Interest rate of SBI Loan is 11.20%, which is lower than the lowest interest rate of HDFC Bank at 11.90%. … Therefore, SBI can be a better option if you are looking for a high value amount.
Why ICICI Bank is best?
ICICI Bank is one the largest banks in India. With more than 3000 reviews and a 3.36 rating on JobBuzz, ICICI bank is one employee friendly organisation. … According to the company ratings on Jobuzz, 65% people voted the bank to be the best in terms of salary. About 62% employees like the work-life balance it provides.
Why is SBI better than other banks?
They are very well positioned on the liability franchise, they have very cheap CASA deposits, their cost of funds would be much cheaper and they have the best kind of reach. Also, SBI is the largest mortgage lender in India.