Home loan interest rates have been falling in recent months. In case you are planning to take a home loan, it would be wise to compare the interest rates before choosing a lender. Take a quick look at home loan interest rates being offered by the major public sector banks in India.
|Institution||Under Rs. 30 L||Rs. 30 L to 75 L||Rs. 75 L 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||7.25-8.25||7.25-8.25||7.25-8.25|
|Bank of India||8- 8.9||8- 8.9||8- 8.9|
|Bank of Maharashtra||8.25- 8.6||8.25- 8.6||8.25- 8.7|
|IDBI Bank||8.25- 9||8.25- 9||8.25- 9|
|Punjab National Bank||7.9-8.35||7.9-8.6||8.05-8.7|
|Punjab & Sind Bank||8.05-8.4||8.05-8.4||8.05-8.4|
|State Bank of India||7.9-8.3||7.9- 8.45||8.15-8.55|
|Union Bank of India||8-8.3||8-8.3||8.15-8.35|
|United Bank of India||8-8.15||8-8.15||8-8.15|
Data taken from respective bank’s website as on 30 March 2020. Compiled by BankBazaar.com, India’s leading online marketplace for loans and credit cards.