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Home Loan – Which Public Sector Bank Is Offering The Best Interest Rate?

Team BankBazaar
Image source: jcomp/Freepik
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.