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What are the various fixed and floating interest rates on offer for home loans today? Let’s take a comprehensive look at interest rates across banks and housing finance companies.
| Institution | Under Rs. 30 L | Rs. 30 L to 75 L | Rs. 75 L plus | WEF |
| Banks | ||||
| Floating Rates: | ||||
| Allahabad Bank | 8.55- 9.55 | 8.55- 9.55 | 8.55- 9.55 | 14-Jun-19 |
| Andhra Bank | 8.45- 8.5 | 8.45- 8.5 | 8.45- 8.6 | 16-Aug-19 |
| Axis Bank | 8.9-8.95 | 8.9- 9.1 | 9.05- 9.15 | 18-Jul-19 |
| Bank of Baroda | 8.4-9.4 | 8.4-9.4 | 8.4-9.4 | 07-Sep-19 |
| Bank of India | 8.5- 8.55 | 8.5- 8.55 | 8.5- 8.55 | 10-Sep-19 |
| Bank of Maharashtra | 8.5- 9 | 8.5- 9 | 8.5- 9.25 | 07-Sep-19 |
| Canara Bank | 8.4- 8.5 | 8.4- 8.6 | 8.55- 8.65 | 07-Sep-19 |
| Central Bank | 8.25 | 8.25 | 8.25 | 19-Sep-19 |
| Corporation Bank | 8.45-9 | 8.45-9 | 8.45-9 | 15-Sep-19 |
| Dena Bank | NA | NA | NA | NA |
| Federal Bank | 8.9-8.95 | 8.9- 9.05 | 9.0-9.1 | 16-Sep-19 |
| HDFC Bank | 8.35- 9.05 | 8.35- 9.35 | 8.65-9.45 | 16-Aug-19 |
| ICICI Bank | 8.8-9.1 | 8.8 – 9.2 | 8.9- 9.25 | 01-Sep-19 |
| Indian Bank | 8.55- 8.65 | 8.55- 8.75 | 8.65- 8.9 | 03-Sep-19 |
| IOB | 8.65 | 8.65- 8.75 | 8.75-8.9 | 10-Aug-19 |
| IDBI Bank | 8.65- 8.75 | 8.65- 8.9 | 8.8- 9.3 | 12-Sep-19 |
| J&K Bank | 8.5- 8.6 | 8.5- 8.6 | 8.5- 8.9 | 10-Sep-19 |
| Karnataka Bank | 8.9 | 8.9 | 8.9- 9 | 01-Aug-19 |
| Karur Vysya Bank | 8.8- 11.55 | 8.8- 11.55 | 8.8- 11.55 | NA |
| Punjab National Bank | 8.5-8.55 | 8.5-8.55 | 8.5-8.6 | 01-Sep-19 |
| Punjab & Sind Bank | 8.5 | 8.5 | 8.5 | 16-Sep-19 |
| State Bank of India | 8.25- 8.55 | 8.25- 8.8 | 8.5-8.95 | 10-Sep-19 |
| State Bank of Mysore | NA | NA | NA | NA |
| State Bank of Travancore | NA | NA | NA | NA |
| South Indian Bank | 8.95-9.25 | 8.95-9.25 | 8.95-9.25 | 20-Sep-19 |
| Syndicate Bank | 8.35 | 8.35 | 8.35 | 13-Sep-19 |
| Tamilnad Mercantile Bank | 9.2 | 9.2 | 9.2 | Oct-18 |
| UCO Bank | 8.45 | 8.45- 8.55 | 8.55- 8.7 | 10-Sep-19 |
| Union Bank of India | 8.45- 8.55 | 8.45- 8.55 | 8.45- 8.6 | 01-Sep-19 |
| United Bank of India | 8.45 | 8.45 | 8.45 | NA |
| Vijaya Bank | NA | NA | NA | NA |
| Fixed Rates: | ||||
| Axis Bank | 12 | 12 | 12 | NA |
| Corporation Bank | 11.75- 12.25 | 11.75- 12.25 | 11.75- 12.25 | 15-Sep-19 |
| Dena Bank | NA | NA | NA | NA |
| HDFC Bank | 8.7- 9.4 | 8.7- 9.7 | 9- 9.8 | 16-Sep-19 |
| ICICI bank | NA | NA | NA | NA |
| Indian Bank | NA | NA | NA | NA |
| IDBI bank | 10.25-10.5 | 10.25-10.5 | 10.25-10.5 | 13-Aug-19 |
| Punjab National Bank | 9.15- 9.2 | 9.15- 9.2 | 9.15- 9.25 | NA |
| Union Bank of India | 11.4 | 12.4-12.65 | 12.65 | 01-Sep-19 |
| Vijaya Bank | NA | NA | NA | NA |
| Housing Finance Companies | ||||
| Floating Rates: | ||||
| Dewan Housing | >=9.75 | >=9.75 | >=9.75 | NA |
| Tata Capital | 9.25 | 9.25 | 9.25 | 06-Aug-19 |
| Piramal Capital & Housing Finance | >=9 | >=9 | >=9 | NA |
| PNB Housing | 9.25- 11.5 | 9.25- 11.5 | 9.25- 11.5 | NA |
| Central Bank Housing | 10.1- 11.3 | 10.1- 11.8 | 10.1- 11.8 | 01-Dec-18 |
| HDFC Ltd | 8.35- 9.05 | 8.35- 9.35 | 8.65- 9.45 | NA |
| Indiabulls Housing Finance Ltd | 8.8- 12 | 8.8- 12 | 8.8- 12 | NA |
| Fixed Rates: | ||||
| PNB Housing | NA | NA | NA | NA |
| Central Bank Home Fin | NA | NA | NA | NA |
| HDFC Ltd | 8.7- 9.25 | 8.7- 9.55 | 9- 9.65 | NA |
| Indiabulls Housing Finance Ltd | NA | NA | NA | NA |
Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s T&Cs. Some banks/FIs allow fixed rate only for a definite period and thereafter prevailing floating rates are made applicable. Data taken from respective bank’s website as on the date mentioned above.
Compiled by BankBazaar.com
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