Shinhan Bank enters home loan business
Shinhan Bank India, local arm of a South Korean lender, is offering home loans at 6.5% onwards per year for salaried and self-employed professionals.
By ET Bureau | Updated:
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Mumbai: Shinhan Bank India, local arm of a South Korean lender, is offering home loans at 6.5% onwards per year for salaried and self-employed professionals.
Customers can transfer their existing loans to avail the rate. The maximum tenor for a home loan is 30 years. The equated monthly instalment (EMI) is Rs 632 per lakh.
The bank is aiming to expand home loans in urban centres.
Customers can transfer their existing loans to avail the rate. The maximum tenor for a home loan is 30 years. The equated monthly instalment (EMI) is Rs 632 per lakh.
The bank is aiming to expand home loans in urban centres.
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