Home Loan Rates: Compare Banks & HFCs for Best Deals; RBI Holds Repo at 5.25%

• Comparing home loan interest rates from banks and housing finance companies (HFCs) is crucial to reduce overall costs.
• The Reserve Bank of India (RBI) maintained the repo rate at 5.25% in its February monetary policy review.
• Public sector banks like State Bank of India (7.25-8.70%) and Union Bank of India (7.15-9.50%) offer competitive rates.
• Private banks (e.g., ICICI Bank from 7.45%) and HFCs (e.g., LIC Housing Finance from 7.15%) also provide diverse home loan options.
• Borrowers with high credit scores (800+) and specific employment statuses typically qualify for the lowest interest rates.