India Markets closed

Availing A Home Loan? Know The Latest Interest Rates

Team BankBazaar



Take a look at the interest rates offered by different banks in the country.

Institution Loan <= Rs 30 Lac Loan 30 Lac<= Rs 75 Lac Loan >=Rs 75 Lac MCLR** Wef  
         
Banks            
Floating Rates :            
Allahabad Bank 8.5 8.5 8.5- 9 8.45 01-Jul-18  
Andhra Bank 8.6-8.65 8.6-8.65 8.6-8.75 8.55 16-Jul-18  
Axis Bank^ 8.5-8.55 8.5- 8.7 8.65-8.75 8.5 18-Jun-18  
Bank of Baroda**^ 8.5-9.5 8.5-9.5 8.5-9.5 8.5 07-Aug-18  
Bank of India 8.65- 8.7 8.65- 8.7 8.65- 8.7 8.5 10-Jul-18  
Bank of Maharashtra 8.75- 8.85 8.75- 8.85 8.75- 8.95 8.75 07-Aug-18  
Canara Bank 8.65- 8.7 8.65- 8.8 8.75- 8.85 8.6 07-Aug-18  
Central Bank 8.5 8.5 8.5 8.5 01-Aug-18  
Corporation Bank* 8.5-8.95 8.5-8.95 8.5-9.2 8.4 01-Aug-18  
Dena Bank 8.5- 8.6 8.5- 8.6 8.5- 8.65 8.5 01-Aug-18  
Federal Bank^ 9.05-9.15 9.05-9.15 9.05-9.15 9.05 16-Jul-18  
HDFC Bank 8.7-8.8 8.7-8.9 8.8-8.9   03-Aug-18  
ICICI Bank 8.55-8.65 8.55-8.75 8.65- 8.8 8.4 NA  
Indian Bank 8.6 8.6 8.6- 8.7 8.6 20-Jul-18  
IOB 8.5 8.5-8.6 8.6-8.75 8.5 10-Apr-18  
IDBI Bank^ 8.5- 8.55 8.5- 8.7 8.65-8.8 8.5 12-Jul-18  
J&K Bank 8.65- 8.75 8.65- 8.75 8.65- 9.05 8.65^ 10-Jul-18  
Karnataka Bank^ 8.6 8.6 8.6- 9 8.55 01-Aug-18  
Karur Vysya Bank* 8.65-9.3 8.65-9.3 8.65-9.3 9.3 07-Jun-18  
Punjab National Bank 8.65-8.7 8.65-8.7 8.65-8.75 8.45 01-Aug-18  
Punjab & Sind Bank 8.65 8.65 8.65- 8.9 8.65 16-Jul-18  
State Bank of India 8.45- 8.75 8.45-9 8.6-9 8.25 01-Jul-18  
South Indian Bank^^^ 8.8-9.25 8.8-9.25 8.8-9.25 8.75^ 20-Jul-18  
Syndicate Bank 8.75 8.75 8.75 8.65 10-Jul-18  
Tamilnad Mercantile Bank 9.1 9.1 9.1 9.1 Jul-18  
UCO Bank 8.55 8.55-8.65 8.65-8.8 8.55 10-Jun-18  
Union Bank of India 8.65 8.65 8.65- 8.7 8.55 01-Aug-18  
United Bank of India^ 8.6 8.6 8.6 8.6 05-Jul-18  
Vijaya Bank 8.55 8.55 8.55 8.55 05-Jul-18  
             
Fixed Rates :            
Axis Bank 11.75 11.75 11.75   NA  
Corporation Bank 11.95-12.45 12.45 12.45   01-Aug-18  
Dena Bank 11.25 11.75 11.75   01-Feb-18  
HDFC Bank 9.15 9.15 9.15- 9.2   03-Aug-18  
ICICI bank 8.55-9.95 8.55-10.30 8.65-10.3   NA  
Indian Bank 9.6 9.6 9.6-9.7   20-Jul-18  
IDBI bank 10.25-10.5 10.25-10.5 10.25-10.5   18-Jun-18  
Punjab National Bank 9.15- 9.2 9.15- 9.2 9.15- 9.25   NA  
Union Bank of India 11.4 12.4-12.65 12.65   01-Aug-18  
Vijaya Bank         Na  
             
Housing Finance Companies            
Floating Rates :            
Dewan Housing*** 8.5 8.5 8.5   NA  
Tata Capital 8.7- 8.85 8.7- 9.15 8.85- 9.15   08-Jun-18  
PNB Housing 8.99- 11.75 8.99- 11.75 8.99- 11.75   NA  
Central Bank Housing 9.8-9.95 9.9- 9.95 9.9- 9.95   01-Jan-17  
HDFC Ltd 8.7- 9.3 8.7- 9.4 8.8- 9.4   NA  
Indiabulls Housing Finance Ltd 8.7- 10.05 8.7- 10.05 8.7- 10.95   NA  
Fixed Rates :            
PNB Housing 9.25- 11.75 9.25- 11.75 9.25- 11.75   NA  
HDFC Ltd 9.15- 9.65 9.15- 9.65 9.15- 9.7   NA  
Indiabulls Housing Finance Ltd 9.25-10.3 9.25-10.3 9.25-11.2   NA  
             
             
^^3 Month MCLR  
** 1 Year MCLR ref rate            
***8.5% onwards            
^MCLR Reset frequency for Home Loans – Half Yearly  
**^additional charge as per risk rating of applicant          
^^^ Interest range consider rate on the basis of 6 month and 1 year MCLR both        
* Interest range consider rate on the basis of 3 month and 1 year MCLR both        
Note :            
Fixed/Floating Rates that vary with tenures within the specified loan amounts are indicated as a range. Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s t&c. Some banks/FIs allows fixed rate only for a definite period and thereafter prevailing floating rates are made applicable.            
 
 
 
Data taken from respective bank’s website  (Rates as on 10 Aug 18)  

 

Don’t miss! Click here to find the best credit cards

 

BankBazaar.com is a leading online marketplace in India that helps consumers compare and apply for credit cardpersonal loanhome loancar loan, and insurance.