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Everyone dreams of having their own house, but at a cost of lakhs, it often seems out of reach. In such a situation, a home loan is a great option. By taking a loan from the bank, you can buy a house by paying a small installment every month. However, in this you may have to pay more than the total price of the house.

Different banks in the country offer home loans to their customers at different interest rates. Today we will tell you about the home loans of two big government banks in the country, so that you will be able to know which bank is offering the cheapest home loan. Let's know.

State Bank of India (SBI) - The country's largest government bank, SBI (State Bank of India), offers home loans to its customers at an interest rate of 8.25 percent. In such a situation, if you take a home loan of 50 lakhs from SBI for 30 years, then you will have to pay Rs 37,563 every month as EMI. According to this, you will give a total of Rs 1,35,22,799 to the bank. Out of this, Rs 85,22,799 will be your interest only.

Punjab National Bank (PNB)- The country's second government bank, Punjab National Bank, offers home loans to its customers at an interest rate of 8.15 percent. In such a situation, if you take a home loan of Rs 50 lakh from PNB for 30 years, then you will have to pay Rs 37,212 every month as EMI. According to this, you will give a total of Rs 1,33,96,467 to the bank. Out of this, Rs 83,96,467 will be your interest only.

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