Home Loans: Public Sector Banks Offer Lowest Interest Rates, Private Banks Lag

• Home loan interest rates have significantly decreased due to RBI's 1.25% repo rate cut last year.
• Public sector banks are offering home loans starting as low as 7.10%, making them a top choice.
• Private banks like HDFC Bank, ICICI Bank, and Axis Bank have higher starting rates (7.65% and above).
• Top five banks for lowest home loan rates include Bank of India, Bank of Maharashtra, Indian Overseas Bank, Central Bank of India, and UCO Bank.
• Experts advise focusing on public sector banks and housing finance companies for better interest rates.

Why It Matters: Public sector banks lead in offering the lowest home loan interest rates after RBI's repo rate cuts.