Latest Home Loan Trends – State Bank of India and ICICI Bank cut home loan rates by a 0.10% on all schemes, other banks to follow the path. More details on Housing loan rates here
Latest Update as on 01 January 2021 -SBI offers home loans @ 6.95% for the women & 6.95% for other, HDFC Ltd rates starts from 6.90%.
Home Loan applications received for rupees ₹ 419,027 crores till 20 January 2021
According to Sources, the top 10 states that have seen highest percentage of home loan seekers are Maharashtra, Karnataka, Haryana, Gujarat, Chhattisgarh, Tamilnadu, Telangana, Goa, West Bengal & Puducherry.
Top 8 cities for home loans are – Bharuch, Pimpri Chinchwad, Vapi, Ankleshwar, Jamnagar, Vadodara, Badlapur and Navi Mumbai.
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Home Loan Interest Rates for the month of January 2021
Home Loan Interest Table
|SBI||6.95 – 7.70%|
|HDFC Ltd||6.95 – 7.50%|
|ICICI Bank||6.95 – 8.05%|
|LIC Housing Finance||6.90 – 7.30%|
|Axis Bank||7.75 – 8.40%|
|Bank of Baroda||6.85 – 7.85%|
|Canara Bank||6.90 – 8.90%|
|Aadhar Home loan||N.A|