Latest Home Loan Trends July 2019 | News | Info

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 July 2019 – Due to cut in repo rate by RBI, all major banks cuts interest rates on deposits + home loans by .10% which are effective from 1 July 2019.

Home Loan applications received for rupees ₹ 419,027 crores till 16 July 2019

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54,02,013 loan quotes taken till now.
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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.

Read – Latest Personal Loan Trends Info

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Home Loan Interest Rates for the month of July 2019

Home Loan Interest Table

Financial Institution Home Loan Rates
SBI (State Bank of India) 8.55% – 9.05%
HDFC Ltd 8.70% – 9.15%
ICICI Bank 9.05% – 9.25%
Axis Bank 8.80% – 9.05%
IDBI Bank 8.85%
Bank of Baroda 8.70%
Union Bank 8.60% – 8.65%
Dena Bank 8.55% – 8.85%
PNB Home Loan 8.60% – 8.70%