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Planning To Take A Home Loan? Here Are The Interest Rate Offered By Govt Banks

Team BankBazaar


Here are the home loan rates being offered by the major public sector banks in India.

Institution Under Rs. 30 Lakh Rs. 30 Lakh to 75 Lakh Rs. 75 Lakh plus
Allahabad Bank 8.25- 8.65 8.25- 8.65 8.25- 8.85
Andhra Bank 8.15- 8.3 8.15- 8.2 8.15- 8.3
Bank of Baroda 8.15- 9.15 8.15- 9.15 8.15- 9.15
Bank of India 8.1- 9 8.1- 9 8.1- 9
Bank of Maharashtra 8.4- 8.9 8.4- 8.9 8.4- 9.15
Canara Bank 8.05-10.05 8.05-10.05 8.05-10.05
Central Bank 8-8.3 8-8.3 8-8.3
Corporation Bank 8.1-8.2 8.1-8.2 8.1-8.35
IOB 8.2 8.2-8.3 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 8.45 8.45 8.45
State Bank of India 7.9-8.3 7.9-  8.45 8.15-8.55
UCO Bank 8.05-8.15 8.05-8.15 8.05-8.15
Union Bank of India 8.2-8.3 8.2-8.3 8.2-8.35
United Bank of India 8-8.15 8-8.15 8-8.15

Data taken from respective bank’s website as on 06 Jan 2020. Compiled by BankBazaar.com is India’s leading online marketplace for loans and credit cards.