Compare home loan interest rates that start as low as 8.40% p.a. and apply for the best one. Find out all about the current interest rates on home loans in India from the country’s top banks and other financial companies.
Home Loan Interest Rate of all Banks 2024
| Banks | Starting Interest Rate (p.a.) | Processing Fees |
| Kotak Mahindra Bank | 8.75% p.a. onwards | 2% |
| Union Bank of India | 8.70% p.a. onwards | 0.50% of the loan amount |
| Bank of Baroda | 8.60% p.a. onwards | Up to 0.50% (Min. Rs. 8,500; Max. Rs. 25,000) |
| Central Bank of India | 8.35% p.a. onwards | NIL or up to 0.50% |
| Bank of India | 8.45% p.a. onwards | Up to 0.25% for individuals (Min. Rs. 1,500; Max. Rs. 20,000) |
| State Bank of India | 8.40% p.a. onwards | 0.17% |
| HDFC Home Loans | 8.45% p.a. onwards* | 0.5% or Rs.3,000 whichever is higher |
| LIC Housing Finance | 8.45% p.a. onwards | Up to 0.50% |
| Axis Bank | 9.00% p.a. onwards | Up to 1% or min. Rs. 10,000 |
| Canara Bank | 9.25% p.a. onwards | 0.50% of the loan amount (min. Rs. 1,500 and max. Rs. 10,000) |
| Punjab and Sind Bank | 8.95% p.a. onwards | Full Waiver |
| IDFC First Bank | 8.85% p.a. onwards | Up to 3% of the overall loan amount |
| Bank of Maharashtra | 8.60% p.a. onwards | 0.15% of the loan amount subject to a maximum of Rs. 25,000 |
| Indian Overseas Bank | 9.55% p.a. onwards | 0.15% of the loan amount subject to a maximum of Rs. 25,000 |
| Punjab National Bank | 8.50% p.a. onwards | 0.35% (Max Rs. 15,000) |
| UCO Bank | 8.75% p.a. onwards | 0.5% of loan amount min. Rs. 1500 and max. Rs. 15,000 |
| IDBI Bank | 8.65% p.a. | 0.50% (Rs. 2,500 – Rs.5,000) |
| HSBC Bank | 8.75% p.a. onwards | 1% of loan amount or Rs. 10,000, whichever is higher |
| Karur Vysya Bank | 7.15% p.a. onwards | 1% of loan amount or Rs. 10,000, whichever is higher |
| Saraswat Bank Home Loan | 8.60% p.a. onwards | Up to Rs. 35 lakh: NilRs. 35 lakh – Rs. 50 lakh: 0.30% of loan amountRs. 50 lakh – Rs. 70 lakh: 0.40% of loan amountRs. 70 lakh – Rs. 1.40 lakh: 0.50% of loan amount |
| Jammu and Kashmir Bank | 8.75% p.a. onwards | 0.25% + GST (min. Rs. 5,000 and max. Rs. 50,000) |
| South Indian Bank | Repo Rate + 3.35% p.a. onwards | 0.50% of the loan amount or a minimum of Rs. 5,000 + GST |
| PNB Housing Finance Limited | 8.75% p.a. onwards | Up to 0.50% |
| Federal Bank | 8.80% p.a. onwards | Housing Loan: 0.50% of the loan amount (min. Rs. 3,000 and max. Rs. 7,500)Property Power Loan: 1% of loan amount (min. Rs. 3,000) |
| Standard Chartered Bank | 8.75% p.a. onwards | 1% |
| Aavas Financiers | Contact the bank | 1.00% |
| Karnataka Bank | 8.75% p.a. onwards | Contact the bank |
| Sundaram Home Finance | 8.75% p.a. onwards (based on CIBIL score) | Rs.3,000 (for salaried) |
| Dhanlaxmi Bank | ranges up to 15% p.a. | 1% of the loan amount |
| Tata Capital | 8.60% p.a. onwards | 0.50% |
| Tamilnad Mercantile Bank | 9.35% p.a. onwards | 0.50% |
| Bandhan Bank | 9.15% p.a. onwards | Contact the bank |
| Yes Bank | 9.40% p.a. to 10.25% p.a. | 2% of the loan amount plus GST or Rs. 10,000, whichever is higher |
| Hudco Home Loan | 8.95% p.a. onwards | NA |
| Indiabulls | 8.75% p.a. onwards | 0.50% onwards |
| Aditya Birla | 8.80% p.a. onwards | Up to 1% |
| GIC Housing Finance | 8.80% p.a. onwards | 8.80% p.a. onwards |
| Reliance Home Finance | 9.75% p.a onwards | Up to 2% |
| Shriram Housing | 10.49% p.a. onwards | NA |
| India Shelter Finance | 13.00% p.a. to 20% p.a. | 2.00% to 3% |
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