India Markets closed

Home Loan Interest Rates: Here Is What Top Banks Are Offering

Team BankBazaar


Here are the home loan rates being offered by the major private, public sector banks and housing finance companies in India.

Interest Rates on Home Loans ( %)
Institution Under Rs. 30 L Rs. 30 Lto 75 L Rs. 75 L plus WEF
Banks
Floating Rates:
Allahabad Bank 8.55- 9.55 8.55- 9.55 8.55- 9.55 14-Jun-19
Andhra Bank 8.5- 8.55 8.5- 8.55 8.5- 8.65 16-Aug-19
Axis Bank 8.9-8.95 8.9- 9.1 9.05- 9.15 18-Jul-19
Bank of Baroda 8.4-9.4 8.4-9.4 8.4-9.4 07-Aug-19
Bank of India 8.45- 8.75 8.45- 8.75 8.45- 8.75 10-Aug-19
Bank of Maharashtra 8.5- 9 8.5- 9 8.5- 9.25 08-Aug-19
Canara Bank 8.5- 8.6 8.5- 8.7 8.65- 8.75 07-Aug-19
Central Bank 8.3 8.3 8.3 15-Aug-19
Corporation Bank 8.6-9.05 8.6-9.05 8.6-9.05 15-Aug-19
Federal Bank 8.75-9.15 8.75-9.15 8.75-9.15 16-Aug-19
HDFC Bank 8.4- 9.15 8.4- 9.45 8.75-9.5 14-Aug-19
ICICI Bank 8.7-9.1 8.7 – 9.2 9.15-  9.3 01-Aug-19
Indian Bank 8.7- 8.8 8.7- 8.9 8.8- 9.05 03-Aug-19
IOB 8.65 8.65- 8.75 8.75-8.9 10-Aug-19
IDBI Bank 8.65- 8.75 8.65- 8.9 8.8- 9.3 13-Aug-19
J&K Bank 8.55- 8.65 8.55- 8.65 8.55-  8.95 10-Aug-19
Karnataka Bank 8.9 8.9 8.9- 9 01-Aug-19
Karur Vysya Bank 8.8- 11.55 8.8- 11.55 8.8- 11.55 NA
Punjab National Bank 8.5-8.55 8.5-8.55 8.5-8.6 01-Aug-19
Punjab & Sind Bank 8.5 8.5 8.5- 8.75 16-Aug-19
State Bank of India 8.35- 8.65 8.35-  8.9 8.6-9.05 10-Aug-19
South Indian Bank 9.05-9.45 9.05-9.45 9.05-9.45 20-Aug-19
Syndicate Bank 8.35 8.35 8.35 12-Aug-19
Tamilnad Mercantile Bank 9.2 9.2 9.2 Oct-18
UCO Bank 8.5 8.5- 8.6 8.6- 8.75 10-Aug-19
Union Bank of India 8.6- 8.7 8.6- 8.7 8.6- 8.75 01-Aug-19
United Bank of India 8.45 8.45 8.45 NA
Fixed Rates:
Axis Bank 12 12 12 NA
Corporation Bank 11.8- 12.3 11.8- 12.3 11.8- 12.3 15-Aug-19
HDFC Bank 8.75- 9.45 8.75- 9.8 9.1- 9.85 14-Aug-19
IDBI Bank 10.25-10.5 10.25-10.5 10.25-10.5 13-Aug-19
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-Dec-18
Housing Finance Companies
Floating Rates:
Dewan Housing >=9.75 >=9.75 >=9.75 NA
Tata Capital 9.25 9.25 9.25 06-Aug-19
Piramal Capital & Housing Finance >=9 >=9 >=9 NA
PNB Housing 9.25- 11.5 9.25- 11.5 9.25- 11.5 NA
Central Bank Housing 10.1- 11.3 10.1- 11.8 10.1- 11.8 01-Dec-18
HDFC Ltd 8.4- 9.15 8.4- 9.45 8.75- 9.5 NA
Indiabulls Housing Finance Ltd 8.8- 12 8.8- 12 8.8- 12 NA
Fixed Rates:
HDFC Ltd 8.75- 9.45 8.75- 9.8 9.1- 9.85 NA
Note:
Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s T&Cs. Some banks/FIs allow fixed rate only for a definite period and thereafter prevailing floating rates are made applicable. Data taken from respective bank’s website as on 23 Aug 2019. Compiled by BankBazaar.com