Home loan rates have been falling in recent months. Housing finance companies (HFCs) have also been cutting their rates. HFCs are non-banking companies that provide loans to eligible borrowers. Let’s take a quick look at the home loan interest rates on offer from HFCs.
|Institution||Under Rs. 30 L||Rs. 30 L to 75 L||Rs. 75 L plus|
|Piramal Capital & Housing Finance||>=9.5||>=9.5||>=9.5|
|PNB Housing||8.95- 9.7||8.95- 9.7||8.95- 9.7|
|Central Bank Housing||10.10-11.3||10.10-11.8||10.10-11.8|
|HDFC Ltd||8- 8.65||8- 8.8||8.25- 8.85|
|Indiabulls Housing Finance Ltd||>=8.99||>=8.99||>=8.99|
|Aditya Birla Housing Finance Ltd||9-12.5||9-12.5||9-12.5|
|Reliance Home Finance||9.75-13||9.75-13||9.75-13|
|Sundaram Home Finance Ltd||>=8.6||>=8.6||>=8.6|
Data taken from respective bank’s website as on 16 March 2020. Compiled by BankBazaar.com, India’s leading online marketplace for loans and credit cards.