What are the various fixed and floating interest rates on offer for home loans today? Let’s take a comprehensive look at interest rates across banks and housing finance companies.
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| Institution | Loan amount | ||
| Under Rs. 30 lakh |
Rs. 30 to 75 lakh |
Rs. 75 lakh Plus | |
| BANKS (Floating rates) | |||
| Axis Bank | 7.60-8.05 | 7.60-8.05 | 7.60-8.05 |
| Bank of Baroda | 7.45-8.90 | 7.45-8.90 | 7.45-8.90 |
| Bank of India | 6.90-8.75 | 6.90-8.75 | 6.90-8.75 |
| Bank of Maharashtra | 7.30-8.85 | 7.30-9.20 | 7.30-9.20 |
| Canara Bank | 7.05-9.30 | 7.05-9.30 | 7.05-9.30 |
| Central Bank | 6.85-7.30 | 6.85-7.30 | 6.85-7.30 |
| DBS Bank | |||
| Federal Bank | 8.55-8.60 | 8.55-8.65 | 8.60-8.70 |
| ICICI Bank | 7.60-8.20 | 7.60-8.35 | 7.60-8.45 |
| Indian Bank | 7.40-7.90 | 7.40-7.90 | 7.40-7.90 |
| IOB | 7.05 | 7.05-7.15 | 7.15-7.3 |
| IDBI Bank | 7.50-10.65 | 7.50-10.65 | 7.50-10.65 |
| J&K Bank | 7.85-7.95 | 7.85-7.95 | 7.85-8.25 |
| Karnataka Bank | 7.74-8.99 | 7.74-8.99 | 7.74-9.09 |
| Karur Vysya Bank | 7.15-9.35 | 7.15-9.35 | 7.15-9.35 |
| Kotak Mahindra Bank | 7.5-8.1 | 7.5-8.1 | 7.5-8.1 |
| Punjab National Bank | 7.45-8.70 | 7.40-8.70 | 7.40-8.35 |
| Punjab & Sind Bank | 7.40-8.50 | 7.40-8.50 | 7.40-8.50 |
| State Bank of India^ | 7.55 – 8.15 | 7.55 – 8.15 | 7.55 – 8.05 |
| South Indian Bank | 7.75-10.50 | 7.75-10.50 | 7.75-10.50 |
| Tamilnad Mercantile Bank | 7.95 | 7.95 | 7.95 |
| UCO Bank | 6.90-7.10 | 6.90-7.10 | 6.90-7.10 |
| Union Bank of India | 7.40-8.90 | 7.40-9.10 | 7.40-9.10 |
| BANKS (Fixed rates) | |||
| Axis Bank | 12 | 12 | 12 |
| IDBI bank | 9.85-10.10 | 9.85-10.10 | 9.85-10.10 |
| Union Bank of India | 11.4 | 11.4-12.4 | 12.4-12.65 |
| HOUSING FINANCE COMPANIES (Floating rates) | |||
| Floating Rates: | |||
| Tata Capital | >=7.75 | >=7.75 | >=7.75 |
| PNB Housing | 6.99- 10.0 | 6.99- 10.15 | 7.15-10.15 |
| Central Bank Housing | 9.95-11.15 | 9.95-11.15 | 9.95-11.15 |
| HDFC Ltd | 7.55-8.30 | 7.55-8.55 | 7.55-8.65 |
| Indiabulls Housing Fin | >=7.6 | >=7.6 | >=7.6 |
| Aditya Birla Housing Fin | 8-12.5 | 8-12.5 | 8-12.5 |
| Bajaj Finserv | 6.75-14.00 | 6.75-14.00 | 6.75-14.00 |
| GIC Housingl Finance Ltd | >=7.74% | >=7.74% | >=7.74% |
| Reliance Home Finance | 9.75-13 | 9.75-13 | 9.75-11 |
| Sundaram Home Finance Ltd | >=8.15 | >=8.15 | >=8.15 |
| Piramal Capital & Housing Finance | >=10.5 | >=10.5 | >=10.5 |
| LIC Housing Finance Ltd | 6.90-7.75 | 6.90-7.95 | 6.90-8.15 |
| HOUSING FINANCE COMPANIES (Fixed rates) | |||
| HDFC Ltd | NA | NA | NA |
| LIC Housing Finance Ltd | 8.90-9.75 | 8.90-9.95 | 8.90-10.15 |
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Compiled by BankBazaar.com from respective bank’s website as on the date mentioned above. Note that fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s T&Cs.
Some banks/FIs allow fixed rate only for a definite period and thereafter prevailing floating rates are made applicable. ^Card Rates
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