In addition to the convenience of the customer, the bank provides a facility in which the home loan application can be made online by scanning the QR code and instant approval can be obtained. “Scan and Apply”, “Get Instant Approval” is also available for auto loans, student loans, gold loans, and personal loans.
Until the end of November, many banks were offering low mortgage rates as part of their holiday offers. Already at very low levels, it was a good time for potential borrowers to qualify for a home loan. Although the holiday season offers have ended, mortgage interest rates are still at low levels. Many banks had also waived processing and documentation fees, as had Canara Bank for its latest mortgage offer.
Click here for the full list of mortgage interest rates linked to the pension rate