Site icon BankBazaar – The Definitive Word on Personal Finance

Home Loan Rates Today

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

BankBazaar.com is a leading online marketplace in India that helps consumers compare and apply for Credit Card, Personal Loan, Home Loan, Car Loan, and insurance.

Exit mobile version