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Home Loan: Which Private Bank Is Offering The Lowest Interest Rate?

Team BankBazaar


Home loans have become cheaper as many private and government banks have slashed their lending rates recently. If you are planning to take a home loan, take a look at interest rates offered by various private banks in India.

Institution Under Rs. 30 L Rs. 30 L to 75 L Rs. 75 L plus
Axis Bank 8.1-8.85 8.1-8.85 8.1-8.85
DBS Bank 7.7 7.7 7.7
Federal Bank 8.35-8.4 8.35-8.45 8.4-8.5
HDFC Bank 7.85-8.35 7.85-8.50 8-8.60
ICICI Bank 7.7-8.6 7.7-8.7 7.25-8.8
J&K Bank 7.6-7.7 7.6-7.7 7.6-8
Karnataka Bank 8.45-9.28 8.45-9.28 8.45-9.28
Karur Vysya Bank 8.2-10.05 8.2-10.05 8.2-10.05
Kotak Mahindra Bank 8.2-8.85 8.2-9 8.3-9.25
South Indian Bank 8.10-9.35 8.10-9.35 8.10-9.35
Tamilnad Mercantile Bank 8.65 8.65 8.65

Data taken from respective bank’s website as on 18 May 2020. Compiled by BankBazaar.com, India’s leading online marketplace for loans and credit cards.