Home Loan Interest Rate All Banks

Home Loan Interest Rate All Bank

Home loan interest rates are some fixed amount of interest rates upon a home loan charged by the particular bank. There are mainly two types of home loan interest rates all bank.

1. Fixed Interest Rate:

The fixed interest rate is the rates which remain even throughout the loan tenor. There is no change in the interest rate since the rate remains fixed.

2. Floating Interest Rate:

The interest charges on your home loan are subject to the current most lending rates of the bank. The rate is linked to the latest published rate of the bank which in turn depends on multiple factors such as RBIs monetary policy and lending rate revisions, the bank’s response to the revision etc.

Banks/NBFCs                            Starting Interest Rate (p.a.)

Kotak Mahindra Bank                 7.50% p.a. onwards

Citibank                                        6.65% p.a. onwards

Union Bank of India                     7.90% p.a. onwards

Bank of Baroda                            7.45% p.a. onwards

Central Bank of India                   7.20% p.a. to 7.65% p.a.

India Shelter Finance                          13.00%

Shriram Housing                                  8.90%

Indiabulls                                              7.60%

Yes Bank                                               8.95%

Aditya Birla                                           8.00% p.a. onwards

Tata Capital                                           7.75% p.a. onwards

Punjab National Bank                          7.40% p.a. onward

Bandhan Bank                                      7.30% p.a. onwards

Bank of India                                        7.30% p.a. onwards

State Bank of India                               8.05% p.a. onwards

HDFC Home Loans                               8.10% p.a. onwards

United Bank of India                             7.50% p.a. onwards

Punjab and Sind Bank                          7.50% p.a. onwards

Karnataka Bank                                     7.89% p.a. onwards

Indian Overseas Bank                           7.05% p.a. onwards

Axis Bank                                               7.60% p.a. onwards

Dhanlaxmi Bank                                     8.35% p.a. onwards

Canara Bank                                           8.10% p.a. onwards

Federal Bank                                           8.55% p.a. onwards

IDFC First Bank                                       7.50% p.a. onwards

Bank of Maharashtra                               7.30% p.a. onwards

Jammu and Kashmir Bank                             7.85%

As the upcoming festive season is coming in the country, leading banks are offering distinctive home loan offers to attract customers to avail themselves of home loans.  

State Bank of India is offering attractive interest rates starting at 7.55% p.a. for home loans of up to Rs.30 lakh.  

Bank of Baroda’s home loan rates start at 8.05%. PNB Housing Finance,

Bank of India and Central Bank are now offering home loans at low interest rates. Now, India has numerous housing finance companies which offer home loans below 8.00% p.a.