Home Loan Category

Applicable Rate of Interest (ROI)

Loan Tenure

Remarks

ROI from the date of first disbursement to 31.4.2011

ROI from 1.4.2011 to 31.3.2012

ROI from the 1.4.2012

ROI from the 1.4.2013

HDFC Bank:Dual Rate Product-2

Up to Rs.30lac

Fixed 8.25%

Fixed 9%

Floating 9%

(based on current PLR)

15 – 20 years

Applicable to all new home loan customers who apply before April 30 and take at least part disbursement before June 30.

Above Rs.30lac

Floating 9.25%

(based on current PLR)

SBI’s Product

-

Fixed 8%

Fixed 9%

Fixed 9%

1.75% minus SBAR

-

The scheme, which was launched by the bank on April 1, will continue until the end of the month.

ICICI’s Old Product

-

Fixed 8.25%

Fixed 8.25%

Floating rates applicable

-

Discontinued from March 1, 2010.

ICICI’s New Product

Up to Rs.30lac

Fixed 8.25%

Fixed 9%

FRR* minus 3.75%

(ARHL* 9.00% at current FRR)

-

The re-launched scheme will continue till 30 April’10. It will be valid till June 30, 2010 and the first disbursement of the loan should be availed on or before this date.

Above Rs.30lac

Fixed 8.25%

Fixed 9%

FRR* minus 3.50%

(ARHL* 9.25% at current FRR)

-