Reserve Bank of India has kept the repo rate stable since the February policy. Real estate experts are considering it as a news of great relief for the common people. In such a situation, it is very important to know how much interest on different loan amounts are being offered to the common people by about 24 main stream banks and about 11 housing finance companies of the country.
People of the country like to buy houses during the festive season. There are some main reasons for this. Firstly, offers are provided by banks. At the same time, real estate companies also give discounts to home buyers. Whose benefit the common people get. If you are planning to buy a house in this festive season and are visiting banks for home loan, then today we have brought for you the interest rates of 25 banks of the country. If you want to take a home loan ranging from Rs 30 lakh to more than Rs 75 lakh, then you will get the interest rate as per your pocket in these banks. In this list, the interest rates of 10 housing finance companies are separate. We consider it important to tell you one thing that these banks have floating interest rates. Which keeps changing according to the repo rate of RBI.
Home loan rates in government and private banks
| Name of banks | Loan Amount (in Rs) | ||
| up to Rs 30 lakh | More than Rs 30 lakh Less than Rs 75 lakh | more than 75 lakh rupees | |
| government bank | |||
| SB I | 8.40-10.15 | 8.40-10.05 | 8.40-10.05 |
| Bank of Baroda | 8.40-10.65 | 8.40-10.65 | 8.40-10.90 |
| Union Bank of India | 8.40-10.80 | 8.40-10.95 | 8.40-10.95 |
| pnb | 8.55-10.25 | 8.50-10.15 | 8.50-10.15 |
| Bank of India | 8.30-10.75 | 8.30-10.75 | 8.30-10.75 |
| Canara Bank | 8.50-11.25 | 8.45-11.25 | 8.40-11.15 |
| UCO Bank | 8.45-10.30 | 8.45-10.30 | 8.45-10.30 |
| Bank of Maharashtra | 8.50-11.15 | 8.50-11.15 | 8.50-11.15 |
| Punjab and Sindh Bank | 8.50-10.00 | 8.50-10.00 | 8.50-10.00 |
| Indian Overseas Bank | more than 8.85 | more than 8.85 | more than 8.85 |
| Central Bank of India | 8.45-9.80 | 8.45-9.80 | 8.45-9.80 |
| private bank | |||
| Kotak Mahindra Bank | more than 8.70 | more than 8.70 | more than 8.70 |
| ICICI Bank | 9.00-9.80 | 9.00-9.95 | 9.00-10.05 |
| Axis Bank | 9.00-13.30 | 9.00-13.30 | 9.00-9.40 |
| hsbc bank | more than 8.45 | more than 8.45 | more than 8.45 |
| South Indian Bank | 9.57-10.97 | 9.57-10.77 | 9.57-11.42 |
| Karur Vysya Bank | 9.23-10.73 | 9.23-10.73 | 9.23-10.73 |
| Karnataka Bank | 8.75-10.43 | 8.75-10.43 | 8.75-10.43 |
| Federal Bank | more than 8.80 | more than 8.80 | more than 8.80 |
| Dhanlaxmi Bank | 9.35-10.50 | 9.35-10.50 | 9.35-10.50 |
| Tamilnad Mercantile Bank | 9.45-9.95 | 9.45-9.95 | 9.45-9.95 |
| Bandhan Bank | 9.15-15.00 | 9.15-13.32 | 9.15-13.32 |
| RBL Bank | 9.15-11.55 | 9.10-11.30 | 9.10-11.30 |
| csb bank | 11.27-13.12 | 11.27-13.12 | 11.27-13.12 |
| HDFC bank | 8.50 – 10.20 | 8.50 – 10.20 | 8.50 – 10.20 |
| City Union Bank | 12.25 – 14.00 | 12.75 – 14.50 | 13.25 – 14.75 |
| HOUSING FINANCE COMPANIES (HFCs) | |||
| LIC Housing Finance Limited | 8.50-10.35 | 8.50-10.55 | 8.50-10.75 |
| Bajaj Housing Finance | more than 8.45 | more than 8.45 | more than 8.45 |
| Tata Capital | more than 8.70 | more than 8.70 | more than 8.70 |
| PNB Housing Finance | 8.50-14.50 | 8.50-11.45 | 8.50-11.45 |
| GIC Housing Finance | more than 8.80 | more than 8.80 | more than 8.80 |
| Repco Home Finance | more than 9.50 | more than 9.50 | more than 9.50 |
| Indiabulls Housing | more than 8.75 | more than 8.75 | more than 8.75 |
| Aditya Birla Capital | 8.80-14.75 | 8.80-14.75 | 8.80-14.75 |
| ICICI Home Finance | more than 9.20 | more than 9.20 | more than 9.20 |
| Godrej Housing Finance | more than 8.55 | more than 8.55 | more than 8.55 |
