Image source: jcomp/Freepik
Take a look at home loan interest rates being offered by the major public sector banks in India.
Interest Rates on Home Loans ( %) | ||||
Institution | Under Rs. 30 L | Rs. 30 Lto 75 L | Rs. 75 L plus | |
Allahabad Bank | 8.5- 8.9 | 8.5- 9.05 | 8.6- 9.1 | |
Andhra Bank | 8.35- 8.4 | 8.35- 8.4 | 8.35- 8.5 | |
Bank of Baroda | 8.1- 9.1 | 8.1- 9.1 | 8.1- 9.1 | |
Bank of India | 8.25- 9 | 8.25- 9 | 8.25- 9 | |
Bank of Maharashtra | 8.4- 8.9 | 8.4- 8.9 | 8.4- 9.15 | |
Canara Bank | 8.3-10.3 | 8.3-10.3 | 8.3-10.3 | |
Central Bank | 8.25-8.55 | 8.25-8.55 | 8.25-8.55 | |
Corporation Bank | 8.35-8.45 | 8.35-8.45 | 8.35-8.6 | |
Dena Bank | NA | NA | NA | |
Indian Bank | 8.45- 8.55 | 8.45- 8.65 | 8.55- 8.8 | |
IOB | 8.2 | 8.2-8.45 | 8.3-8.45 | |
IDBI Bank | 8.25- 8.8 | 8.25- 8.8 | 8.25- 8.8 | |
Punjab National Bank | 7.95-8.1 | 7.95-8.35 | 8.2-8.45 | |
Punjab & Sind Bank | 8.5 | 8.5 | 8.5 | |
State Bank of India | 8.2 | 8.2- 8.45 | 8.45-8.55 | |
Syndicate Bank | 8.25-8.85 | 8.25-8.95 | 8.35-8.95 | |
State Bank of Travancore | NA | NA | NA | |
UCO Bank | 8.3-8.4 | 8.3-8.4 | 8.3-8.4 | |
Union Bank of India | 8.2-8.3 | 8.2-8.3 | 8.2-8.35 | |
United Bank of India | 8.15-8.3 | 8.15-8.3 | 8.15-8.3 | |
Vijaya Bank | NA | NA | NA |
Data taken from respective bank’s website as on 4 Nov 2019. Compiled by BankBazaar.com, an online marketplace for loans and credit cards.