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Commercial Property Loan Rates
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Commercial Property Loan is basically used for business purposes such as office buildings, shopping centers, complexes, hotels, retail malls, etc. Funding involves the development, acquisition, and construction of such properties is managed through a commercial property loan.
As compare to residential loan interest rate of commercial property loan is generally high.
Commercial property loan by top banks in India:
Banks Name
Rate of Interest
IIFL
11.00%
Kotak Mahindra Bank
11.00%
India Bulls
9.50%
LIC Housing Finance
8.00%
PNB Housing
9.00%
Punjab National Bank
8.50%
IDFC First Bank
9.50%
Indian Bank
8.80%
IndusInd Bank
9.00%
Piramal Capital & Housing Finance
11.00%
Digibank (DBS)
9.00%
DCB Bank Ltd.
9.00%
ICICI Bank
7.75%
Hero FinCorp Limited
9.00%
HDFC Bank Ltd.
7.25%
HSBC Bank
7.50%
Federal Bank Ltd.
9.50%
HDB Financial Services Limited
10.00%
Deutsche Bank
7.50%
Edelweiss Finance
10.00%
Central Bank of India
10.10%
Canara Bank
11.70%
Bank of Baroda
8.00%
Bank of India
8.35%
Bandhan Bank Ltd.
9.00%
Aavas Financiers Ltd.
13.00%
Axis Bank Ltd.
7.50%
Aditya Birla Finance Limited
10.00%
Axis Finance Limited
10.00%
Cholamandalam Investment & Finance Company Limited
10.00%
Yes Bank Ltd.
8.00%
UCO Bank
9.40%
URGO Capital
11.00%
Union Bank of India
9.80%
RBL Bank Ltd.
8.50%
Standard Chartered Bank