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

Team BankBazaar
Image source: jcomp/Freepik

Take a look at home loan interest rates being offered by the major public sector banks.

Interest Rates on Home Loans ( %)
Institution Under Rs. 30 Lakh Rs. 30 Lakh to 75 Lakh Rs. 75 Lakh plus
Allahabad Bank 8.55- 9.55 8.55- 9.55 8.55- 9.55
Andhra Bank 8.45- 8.5 8.45- 8.5 8.45- 8.6
Bank of Baroda 8.1- 9.1 8.1- 9.1 8.1- 9.1
Bank of India 8.35- 9.35 8.35- 9.35 8.35- 9.35
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 8.45-9 8.45-9 8.45-9
Dena Bank NA NA NA
Indian Bank 8.45- 8.55 8.45- 8.65 8.55- 8.8
IOB 8.45 8.45- 8.55 8.55-8.7
J&K Bank 8.45- 8.55 8.45- 8.55 8.45-  8.85
Karnataka Bank 8.9 8.9 8.9- 9
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
State Bank of Mysore NA NA NA
State Bank of Travancore NA NA NA
Syndicate Bank 8.25-8.85 8.15-8.85 8.15-8.7
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 14 Oct 2019. Compiled by BankBazaar.com