Home Loan Interest Rates

Bank Loan  Updated date : April 10, 2018 57

Check Interest Rates 2018, Processing fee ✓ Per lakh EMI ✓ ROI floating Rates ✓ Lowest fixed rates for salaried, Women and Self-employed/Professionals from Nationalized / Government Banks / Private Banks through Deal4loans.

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.

Home loan trends April 2018: SBI home loans to get expensive by .05% due to hike in base rate of State bank of India, SBI home loan rates are in the range of 8.35% to 9.90%. You can get subsidy of 2.67lakh under Pradhan mantri awas yojana scheme.

 

Bank NameFloating Interest ratePer lac EMIMCLR RatesProcessing FeePrepayment Charges% Change in last 6 months
SBI - State Bank Of India8.35% - 8.65%Rs.855 - Rs.8748.15%0.35% of Loan Amount or Rs 10000 plus GST whichever is less, subject to minimum of Rs 2000 plus taxesNil
1.52%
ICICI Bank8.35% - 8.80%Rs.858 - Rs.8868.20%0.50% - 1.00% of the loan amount or Rs. 1500/- (Rs. 2000/- for Mumbai, Delhi & Bangalore), whichever is higher + applicable Service Tax & SurchargeN.A
1.44%
HDFC Ltd8.40% - 9.10%Rs.858 - Rs.87116.35%Up to 1.25% of the loan amount or ₹ 3,000 whichever is higher, plus applicable taxesNil
1.98%
LIC Housing8.35% - 8.80%Rs.858 - Rs.8868.15%Upto 1 crore - 5000 + Service Tax
1 crore & above - 10000 + Service Tax
NilNo Change
Bank of Baroda8.30%Rs.8558.30%Upto 0.5 % of loan amount + GSTN.A.No Change
AXIS Bank8.35% - 8.75%Rs.858 - Rs.8848.15%Up to 1% of the Loan amount subject to minimum of Rs.10,000/-Nil
0.9%
DHFL8.35%Rs.858 Rs.5,000 to Rs.20000 + document charges + Service TaxNIL
2.46%
IDBI8.35% - 8.40%Rs.858 - Rs.8618.80%NILNil
0.97%
Union Bank of India8.30% - 8.35%Rs.855 - Rs.8588.20%Nil under festive offer till 31.12.2017NIL
2.5%
Bank of India8.35% - 8.40%Rs.858 - Rs.8618.30%0.25% of loan amountNil
2.45%
Indiabulls Housing Finance Limited8.35% - 8.80%Rs.858 - Rs.886 Upto 28 lacs = Rs.7500 - Rs.10000
28 lacs - 1.5 Cr = Rs. 10000 - 0.5%
1.5 Cr - 3 Cr = Rs. 25000 - 0.5
Above 3 Cr - 0.5% - 1%
NIL
2.46%
Corporation Bank8.65% - 9.15%Rs.877 - Rs.9098.65%Nil under festive offer till 31.01.2018NILNo Change
L&T Housing Finance 8.35%Rs.858 0.25% plus taxes (for salaried & for self employed)NIL
United Bank of India8.45%Rs.8658.45%Nil till 31.12.2017N.A
Tata capital Housing Finance ltd8.65%(For Women) - 8.90%(For Others)Rs.877(For Women) - Rs.893(For Others) 0.20% - 0.25% of the loan amount + Service taxN.AN.A
Shubham Housing Development Finance Company 12%-14%(For Salaried) - 15%-17%(For Self-employed)Rs.1101-Rs.1244(For Salaried) - Rs.1317-Rs.1466(For Self-employed) Upto 3 Lacs - Rs 9500 + ST
3 to 6 Lacs - Rs 13500 + ST
Loan above 6 lacs - Rs. 13,500 + 3% of the loan amount over and above 6 lacs + Service Tax
N.A
HSBC Bank8.65% - 8.75%Rs.877 - Rs.8848.15%N.ANilN.A
Deutsche Bank10.50%Rs.9989.35%12000 + Service TaxNilN.A
Standard Chartered8.51%Rs.8688.95%10,000 plus applicable taxesNIL
1.55%
Federal Bank8.95% - 9.20%Rs.897 - Rs.9138.9%0.50% of the limit sanctioned with a minimum of 3,000+ST, maximum of 7,500+STN.ANo Change
Allahabad Bank8.30% - 8.40%Rs.855 - Rs.8618.25%NIL under All bank Utsav till 31.03.2018NIL
2.92%
Central Bank of India8.30%Rs.8558.30%Nil till 31.12.2017Nil
2.38%
UCO Bank8.45% - 8.75%Rs.865 - Rs.8848.45%Nil till 31.12.2017NIL
2.45%
Canara Bank8.35% - 8.55%Rs.858 - Rs.8718.30%Nil till 31.12.2017 
1.96%
Kotak Bank8.35%Rs.8588.60%Upto 1.25% of Loan amountNil
4.65%
Dena Bank8.25% - 8.35%Rs.852 - Rs.8588.25%Nill till 31.12.2017Nil
2.5%
Vijaya Bank8.50%Rs.8688.50%Nil till 31.12.2017N.A
0.49%
Syndicate Bank8.45%Rs.8658.45%Nill till 31.12.2017N.A
2.43%
Citibank8.60% - 8.85%Rs.874 - Rs.8908.05%Rs. 5000 (Application fee)NILNo Change
PNB Housing Finance8.35% - 9.25%Rs.858 - Rs.916 0.50% Or 10,000 + GST , whichever is higher.NILNo Change
Oriental Bank of Commerce8.35% - 8.45%Rs.858 - Rs.8658.35%Nill till 31.12.2017NILNo Change
Indian Overseas Bank8.40% - 8.65%Rs.862 - Rs.8778.40%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
1.95%
Indian Bank8.35% - 9.35%Rs.858 - Rs.9228.35%N.ANil
2.92%
Punjab National Bank8.35% - 8.45%Rs.858 - Rs.8658.15%Nil till 31.12.2017NIL
2.43%
State Bank of Travancore8.30% - 8.60%Rs.855 - Rs.8747.95%Festival Bonanza : 0% Processing Fee, on Top up and Home Loan (New & Take Over).Offer Valid till 31.12.17NILN.A
Bank of Maharastra8.65% - 8.75%Rs.877 - Rs.8848.65%Nill till 31.12.2017NilNo Change
Dhanalakshmi Bank9.80% - 10.05%Rs.952 - Rs.9689.8%1.00 % of loan amount + service tax (subject to minimum of Rs. 10,000 + service tax)N.A
Development Credit Bank8.50% - 16.00%Rs.868 - Rs.13919.72%Nill till 31.12.2017NilN.A
DHFL Vyasa Housing Finance9.75% - 10.25%Rs.945 - Rs.982 1% of the loan amountN.A
GIC Housing Finance10.25%Rs.982 Rs.2500 + service taxN.A
Gruh Finance Limited8.35% - 15.05%Rs.858 - Rs.1320 Up to 1% of the loan amount + taxesN.A
India Infoline Housing Finance Ltd.8.50%Rs.868 Up to 1% of the home loanN.A
Karnataka Bank8.50% - 8.90%Rs.868 - Rs.8938.75%0.25% with a minimum of Rs.250N.A
Sundaram BNP Paribas Home Finance Ltd.9.80% - 11.05%Rs.952 - Rs.1036 Up to 0.75% of the loan amount or maximum of Rs.5,000 + taxesN.A
National Trust Housing Finance Ltd.13.5% - 15.5%Rs.1207 - Rs.1354 2.50% of the amount Or Rs.5000/-N.A
Orange City Housing Ltd.14%Rs.1244 1% of the loan amount + taxesN.A
Reliance Home Finance Private Ltd.8.35%Rs.858 1% of the loan amount + taxesN.A
Repco Home Finance Ltd.8.30%Rs.855 Up to 1% of the loan amount + taxesN.A

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.

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