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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 | 8.75-9.65 | 8.75-9.65 | 8.75-9.65 |
| Bank of Baroda | 8.40-10.60 | 8.40-10.60 | 8.40-10.60 |
| Bank of India | 8.40-10.85 | 8.40-10.85 | 8.40-10.85 |
| Bank of Maharashtra | 8.35-10.90 | 8.35-10.90 | 8.35-10.90 |
| Canara Bank | 8.50-11.25 | 8.45-11.25 | 8.40-11.15 |
| Central Bank | 8.35-9.50 | 8.35-9.50 | 8.35-9.50 |
| DBS Bank | <=9.40 | <=9.40 | <=9.40 |
| Dhanlaxmi Bank | 9.35-10.50 | 9.35-10.50 | 9.35-10.50 |
| Federal Bank | >=8.80 | >=8.80 | >=8.80 |
| HDFC Bank | 8.75-9.95 | 8.75-9.95 | 8.75-9.95 |
| ICICI Bank | 8.75-9.80 | 8.75-9.95 | 8.75-10.05 |
| Indian Bank | 8.40-9.80 | 8.40-9.80 | 8.40-9.80 |
| IOB | >=8.40 | >=8.40 | >=8.40 |
| IDBI Bank | 8.50-12.75 | 8.50-12.75 | 8.50-12.75 |
| J&K Bank | 8.75-9.85 | 8.75-9.85 | 8.75-9.85 |
| Karnataka Bank | 8.50-10.62 | 8.50-10.62 | 8.50-10.62 |
| Karur Vysya Bank | 9.0-11.05 | 9.0-11.05 | 9.0-11.05 |
| Kotak Mahindra Bank | >=8.75 | >=8.75 | >=8.75 |
| Punjab National Bank | 8.45-10.10 | 8.40-10.10 | 8.40-10.0 |
| Punjab & Sind Bank | 8.50-10.0 | 8.50-10.0 | 8.50-10.0 |
| RBL Bank | >= 8.90 | >= 8.90 | >= 8.90 |
| State Bank of India | 8.50 – 9.65 | 8.50 – 9.65 | 8.50 – 9.65 |
| South Indian Bank | 8.70-11.70 | 8.70-11.70 | 8.70-11.70 |
| Tamilnad Mercantile Bank | 8.60-9.95 | 8.60-9.95 | 8.60-9.95 |
| UCO Bank | 8.30-10.00 | 8.30-10.00 | 8.30-10.00 |
| Union Bank of India | 8.35-10.75 | 8.35-10.75 | 8.35-10.75 |
| BANKS (Fixed rates) | |||
| Axis Bank | 14.00 | 14.00 | 14.00 |
| Bank of Baroda | 10.15-11.60 | 10.15-11.60 | 10.15-11.60 |
| Canara Bank | 9.75-12.00 | 9.75-12.00 | 9.75-12.00 |
| ICICI Bank | 8.90-12.05 | 8.90-12.05 | 8.90-12.05 |
| IDBI bank | 10.90-12.0 | 10.90-12.0 | 10.90-12.0 |
| Indian Bank | 9.45-9.65 | 9.45-9.65 | 9.45-9.65 |
| Karnataka Bank | 11.83-12.83 | 11.83-12.83 | 11.83-12.83 |
| Punjab National Bank | 9.45-11.60 | 9.40-11.50 | 9.40-11.50 |
| Union Bank of India | 11.4 | 11.4-12.4 | 12.4-12.65 |
| HOUSING FINANCE COMPANIES (Floating rates) | |||
| Floating Rates: | |||
| Tata Capital | >=8.75 | >=8.75 | >=8.75 |
| PNB Housing | 8.50- 11.25 | 8.50- 11.45 | 8.50- 11.45 |
| Central Bank Housing | 9.95-11.15 | 9.95-11.15 | 9.95-11.15 |
| Samman Capital | >=8.75% | >=8.75% | >=8.75% |
| Aditya Birla Housing Fin | >=8.60 | >=8.60 | >=8.60 |
| Bajaj Finserv | 8.50-15.00 | 8.50-15.00 | 8.50-15.00 |
| GIC Housing Finance Ltd | >=8.80 | >=8.80 | >=8.80 |
| Sundaram Home Finance Ltd* | >=10 | >=10 | >=10 |
| Piramal Capital & Housing Finance | >=9.50 | >=9.50 | >=9.50 |
| LIC Housing Finance Ltd | 8.50-10.10 | 8.50-10.30 | 8.50-10.50 |
| HOUSING FINANCE COMPANIES (Fixed rates) | |||
| LIC Housing Finance Ltd | 10-10.25 | 10-10.25 | 10-10.25 |
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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. *Annual percentage rate; ^For Bureau Score 751 and above
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Published on March 19, 2019
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