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Home Loan Interest Rates

(Last updated on 04 March 2015)

Are you looking forward to purchase your first place? Shopping for a home is exciting, exhausting and a little terrifying, especially in this market. In the end, your plan is to end up with a home you adore at a price you can manage to pay for. Arm yourself with the list mentioned below to compare and narrow down the choices to get the best for you.
To lend a helping hand to our customers, deal4loans has consolidated all the necessary information regarding current rate of interest on home loans provided by all the major banks at one place. Please keep visiting this section to check latest rate of interest for home loans.

RBI Cuts Repo Rates by .25% on Thursday (15 January 2015), New Repo Rates are 7.75%. It Helps Interest rates on home loans to come at single digit of (9.75%) which is the lowest in last 5 years. Hope In coming 2 or 3 days all niche banks cuts its interest rates by .25 percent.

Get Exact Quote on Home Loan Interest Rates From all Banks
Required Loan Amount:
Annual Income:
Bank A - Rates as low as 10%* | Bank B- Fixed rate for 10 years.*
Bank C- Last 12 month Emi waived off*
Check Your Free Customized Offers From 10 Other Banks.

Check Quotes on Home Loan Interest Rates

Bank Name
Loan Amount
Loan Tenure
Bank Name
Floating Interest rate
Per lac EMI
Processing Fee Prepayment Charges % Change in last 6 mths
SBI - State Bank Of India 10.10% (For Women), 10.15% (For Others) Rs.972 (For Women), Rs.975 (For Others) Up to 25 lacs : 0.25% of loan amount minimum Rs.1000/-
25-75 lacs : Rs.3,250/-
75 & above : 5,000/-
ICICI Bank 10.10% (For Female),10.15% (For Others) Rs.972 (For Female), Rs.975 (For Others) 0.50% of loan amount upto 1 crore N.A
HDFC Ltd TruFixed Plus Loan: 10.15% - 10.65% (Fixed for 2-3yrs)
10.25% - 10.75% (Fixed for 10yrs)
else 10.15%
TruFixed Plus Loan: Rs.974 - Rs.1008 (Fixed for 2-3yrs)
Rs.981 - Rs.1015 (Fixed for 10yrs)
else Rs.974
0.5% or maximum 10,000+service tax (12.36%) No prepayment charges shall be payable for partial or full prepayments irrespective of the source
HSBC Bank 9.95% - 10.15%(for Salaried)
10.10% - 10.30% (for SelfEmployed)
Rs.962 - Rs.975 (for Salaried)
Rs.972 - Rs.985 (for SelfEmployed)
1% of the loan amount applied for, subject to a minimum of Rs 10000 plus service tax. This fee is payable on application and is not refundable Nil N.A
LIC Housing 10.10% (Fixed for 2 yrs) Rs.972 (Fixed for 2 yrs) Up to 50 lacs : 10,000 +(Service tax)
50 lacs & above : 15,000 +(service tax)
Nil No Change
AXIS Bank 10.40% (Fixed for 20yrs), else 10.15% (For Salaried)
10.65% (Fixed for 20 yrs), else 10.40% (For SelfEmployed)
Rs.991 (Fixed for 20yrs), else Rs.974 (For Salaried)
Rs.1008 (Fixed for 20 yrs), else Rs.991 (For SelfEmployed)
Upto 1% of the loan amount subject to minimum of Rs.10,000/- Nil
IDBI 10.25% Rs.982 NIL If Balance Transfer then 2% Otherwise Nil No Change
Punjab National Bank 10.25% Rs.981 NIL NIL No Change
PNB Housing Finance 10.15% (for salaried)
10.15% - 11.15% (For SEMP)
Rs.975 (for salaried)
Rs.975 - Rs.1042 (For SEMP)
0.5% NIL No Change
ING Vysya 10.75% - 11.25% Rs.1015 -Rs.1049 0.5% of the loan amount NIL N.A
Standard Chartered 10.26% Rs.982 Rs.5500/- + Service tax NIL No Change
Citibank 10.15% - 10.20% Rs.974 - Rs.978 0.25% (For Salaried)
0.5% (For Self Employed)
NIL No Change
Deutsche Bank 10.50% Rs.998 12000 + Service Tax Nil N.A
DHFL 10.15% Rs.974 upto 30 Lacs - Rs. 5000 + Doc Charges + Taxes
above 30 lacs & upto 75 lacs - Rs. 10000 + Doc Charges + Taxes
above 75 lacs - Rs. 20000 + Doc Charges + Taxes
NIL No Change
India Bulls 10.15% (Upto 25Lacs), then 11% Rs.975 (Upto 25Lacs), then Rs.1032 Rs.7500 + 12.36%(Upto 30Lacs)
, else 0.5% of the loan amount
0.97% (Upto 25Lacs), the No change
Federal Bank 10.20% - 10.35% Rs.978 - Rs.988 0.50% of the limit sanctioned with a minimum of 3,000+ST, maximum of 7,500+ST N.A No Change
Allahabad Bank 10.25% Rs.982 upto 30 lacs: 0.60% of the loan amount subject to max. Rs.12000
30 lacs - 75 lac: 0.45% of the loan amount subject to max. Rs.24000
above 75 lacs - 300 lacs: 0.35% of the loan amount subject to max. Rs.60000
above 300 lacs: 0.25% of the loan amount subject to max. Rs.70000
Central Bank of India 10.25% Rs.982 0.50% of the loan amount subject to maximum of Rs.20,000/- Nil
Corporation Bank 10.25% Rs.982 0.50% of Loan amount (Max.Rs.50,000/-) NIL
Bank of India 10.20% Rs.978 100% waiver of Processing charges on new home loans sanctioned during festive period upto 31.03.2015 ] Nil
Union Bank of India 10% Rs.965 N.A NIL
United Bank of India 10% Rs.965 0.50% of the loan amount minimum. Minimum: Rs.1000/-
Maximum: Rs.10,000/-
UCO Bank 10.20% Rs.978 0.5% of the loan amount, minimum Rs.1500/- & maximum Rs. 15000/- NIL N.A
Bank of Baroda 10.25% Rs.982 0.25% of loan amount Min.Rs.1, 000 and Max. Rs.20,000/- N.A. N.A
Canara Bank 10.20% Rs.978
Oriental Bank of Commerce 10.25% Rs.982 NIL Nil No Change
Kotak Bank 10.25% Rs.982 0.25% - 0.5% 2% on Balance transfer else NIL
Dena Bank 10.25% Rs.982 0.50% of sanctioned limit Nil
First Blue Home Finance 10.25% (for Salaried / SEP), 10.75% (For Self Employed) (Upto 25Lacs), Then 10.75% (for Salaried / SEP), 11.25% (For Self Employed) Rs.982 (for Salaried / SEP), Rs.1015 (For Self Employed) Salaried: Up to 30 lacs :7300
30 - 75 lacs : 11800
75 lacs & above : 15,000 + service tax(12.36%)
Nil N.A
Vijaya Bank 10.30% Rs.985 No Processing, Documentation and Inspection charges upto 31st March 2015. N.A N.A
Syndicate Bank 10.25% Rs.982 upto Rs.25 lacs - 0.125% (Min Rs 500 - Max Rs 2500)
26 lacs to 75 lacs - 0.125% (Max.Rs.3250/-)
above Rs.75 lacs - Rs.5000/-
Indian Overseas Bank 10.25% Rs.982 A flat rate of 0.58% of the loan amount- maximum of Rs. 10,190/- There is no hidden charge. This is subject to change from time to time without prior intimation. N.A N.A
Development Credit Bank 11.50% Rs.1066 1% Nil N.A
State Bank of Travancore 10.25%-10.50% Rs.982 - Rs.998 upto Rs.25,000 - Nil
Rs.25,000 above to Rs.2 lacs - Rs.500/-
Rs.2 lacs above- 0.50% of the loan amount maximum Rs.10000/-
Bank of Maharastra 10.55% (Upto 25Lacs), Then 10.75% Rs.1001 (Upto 25Lacs), Then Rs.1015 0.25% of the loan amount (subject to maximum of Rs.25000/-) Nil
1.44% (Upto 25Lacs), Then 3.36%
Tata capital Housing Finance ltd 10.15% - 10.60% (Salaried)
10.25% - 11% (SEP/SENP)
Rs.975 - Rs.1005 (Salaried), Rs.982 - Rs.1032 (SEP/SENP) 0.5 to 1% off the loan amount. N.A N.A
Dhanalakshmi Bank 11.50% - 11.75% Rs.1066 - Rs.1084 1% + service tax N.A
Indian Bank 10.25% Rs.982 0.25% of loan amount with a maximum of Rs.20,000 Nil
Before apply for home loan, Calculate your home loan emi with Home Loan EMI Calculator
Disclaimer: Please note that the interest rates given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.
Banks/ Financial Institutions can contact us at customercare@deal4loans.com for inclusions or updates.