Home Loan Rates Today

By BankBazaar | December 29, 2017

Take a look at Home Loan interest rates offered by major private and public sector banks in India.

 

Institution Loan <= Rs 30 Lac Loan 30 Lac<= Rs 75 Lac Loan >=Rs 75 Lac MCLR** Wef
Banks
Floating Rates :
Allahabad Bank 8.3 8.3 8.3- 8.8 8.25 1-Dec-17
Andhra Bank 8.45-8.5 8.45-8.5 8.45-8.6 8.4 15-Dec-17
Axis Bank 8.35-8.4 8.35- 8.7 8.65-8.75 8.15^ NA
Bank of Baroda**^ 8.3-9.3 8.3-9.3 8.3-9.3 8.3 7-Dec-17
Bank of India 8.35-8.4 8.45-8.5 8.45-8.5 8.3 10-Sep-17
Bank of Maharashtra 8.65 8.65 8.65-8.75 8.65 7-Dec-17
Canara Bank 8.35- 8.4 8.35- 8.5 8.45- 8.55 8.3 7-Sep-17
Central Bank 8.3 8.3 8.3 8.3 1-Dec-17
Corporation Bank 8.65 8.65 8.65- 9 8.65 1-Dec-17
Dena Bank 8.25 8.25 8.25- 8.35 8.25 1-Oct-17
Federal Bank 8.95-9.2 8.95-9.2 8.95-9.2 8.9 16-Dec-17
HDFC Bank 8.35-8.5 8.35-8.5 8.35-8.6 NA
ICICI Bank 8.35 – 8.55 8.35 – 8.85 8.65- 8.85 8.2 3-Jan-17
Indian Bank 8.35 8.35 8.35 8.35 NA
IOB 8.4 8.4-8.5 8.5-8.65 8.4 10-Oct-17
IDBI Bank^* 8.35- 8.4 8.35-8.55 8.5-8.65 8.35 12-Dec-17
J&K Bank 8.8 8.8 8.8- 9.15 8.8 10-Dec-17
Karnataka Bank^* 8.5 8.5 8.9 8.4 1-Nov-17
Karur Vysya Bank 8.65-9 8.65-9 8.65-9 8.65-9 7-Sep-17
Punjab National Bank 8.35-8.4 8.35-8.4 8.35- 8.45 8.15 1-Dec-17
State Bank of India 8.3-8.5 8.3-8.65 8.3-8.7 7.95 1-Dec-17
State Bank of Mysore 8.8 8.8 8.8 8.65 1-Mar-17
State Bank of Travancore 8.55 8.55 8.55-8.8 8.55 1-Mar-17
Syndicate Bank 8.55 8.55 8.55 8.45 10-Dec-17
Tamilnad Mercantile Bank 8.95 8.95 8.95 8.95 Dec-17
UCO Bank 8.45 8.45-8.55 8.55-8.7 8.45 10-Sep-17
Union Bank of India 8.30 8.30 8.3- 8.35 8.20 1-Dec-17
United Bank of India 8.45 8.45 8.45 8.45 6-Nov-17
Vijaya Bank 8.5 8.5 8.5 8.5 20-Sep-17
Fixed Rates :
Axis Bank NA
Corporation Bank 11.75-12.25 12.25 12.25 1-Dec-17
Dena Bank 11.25 11.75 11.75 1-Oct-17
HDFC Bank 8.35- 8.5 8.35- 8.5 8.35- 8.6 NA
ICICI bank 8.35- 9.75 8.35-10.1 8.7- 10.10 3-Jan-17
Indian Bank 9.35 9.35 9.35 NA
IDBI bank 10.10-10.35 10.10-10.35 10.10-10.35 1-Jul-17
Punjab National Bank 8.85- 8.9 8.85- 8.9 8.85- 8.95 1-Sep-17
Union Bank of India 11.4 12.4-12.65 12.65 1-Dec-17
Vijaya Bank Na
Housing Finance Companies
Floating Rates :
Dewan Housing*** 8.35 8.35 8.35 NA
Tata Capital* 8.75- 8.9 8.75- 8.9 8.75- 9.05 6-Jan-17
PNB Housing 8.6- 11 8.6- 11 8.6- 11 NA
Central Bank Housing 9.8-9.95 9.9- 9.95 9.9- 9.95 1-Jan-17
HDFC Ltd 8.35-8.9 8.35-8.9 8.35-8.95 NA
Fixed Rates :
PNB Housing 8.35- 11 8.35- 11 8.35- 11 1-Nov-17
Central Bank Home Fin 14-14.5 14.5 14.5 1-Oct-13
HDFC Ltd 8.35- 9 8.35- 9 8.4- 9.1 NA
* Applicable Variable / Semi – Fixed for 2 to 3 years Rates*
** 1 Year MCLR ref rate
***8.35% onwards
^MCLR Reset frequency for Home Loans – Half Yearly
^*For Plain Home Loan with MCLR Reset frequency for Home Loans – 6 Months
**^additional charge as per risk rating of applicant
Note :
Fixed/Floating Rates that vary with tenures within the specified loan amounts are indicated as a range. Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s t&c. Some banks/FIs allows fixed rate only for a definite period and thereafter prevailing floating rates are made applicable.         

 

 (Rates as on 29 Dec 2017

Data taken from respective bank’s website

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2 thoughts on “Home Loan Rates Today

    1. AvatarTeam BankBazaar

      Hi Puja, We’re glad we could be of help. Keep reading our blog for more insights into the world of finance. Cheers, Team BankBazaar. “

      Reply

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