Interest Rates For Home Loan
Bank Name |
Floating Interest rate |
Per lac EMI |
Processing Fee | Prepayment Charges |
State Bank Of India | 10.30% | Rs.984 | Up to 25 lacs : 0.125% of loan amount minimum Rs.1000/- 25-75 lacs : Rs.3,250/- 75 & above : 5,000/- |
Nil |
ICICI Bank | 10.40% | Rs.992 | 0.50% of loan amount upto 1 crore | N.A |
HDFC Ltd | 10.50% | Rs.998 | 0.5% or maximum 10,000+service tax (12.36%) | No prepayment charges shall be payable for partial or full prepayments irrespective of the source |
HSBC Bank | 10.75% - 11% | Rs.1015 - Rs.1032 | 1% of the loan amount applied for, subject to a minimum of Rs 10000 plus service tax. This fee is payable on application and is not refundable | Nil |
LIC Housing | Scheme I:10.10% (Fixed for 2 yrs)(for female applicants) or 10.35% (Fixed for 2 yrs)(for male applicants) Scheme II: 11.25% (Fixed for 10 yrs) Scheme III: 12.25% onwards |
Scheme I:Rs.972 (Fixed for 2 yrs)(for female applicants) or Rs.988 (Fixed for 2 yrs)(for male applicants) Scheme II: Rs.1049 (Fixed for 10 yrs) Scheme III: Rs.1118 onwards |
Up to 50 lacs : 10,000 +(Service tax) 50 lacs & above : 15,000 +(service tax) |
Nil |
AXIS Bank | 10.25% (Upto 25 Lacs), then 10.50% | Rs.982 (Upto 25 Lacs), then Rs.998 | 0.5% of the loan amount (Max. 10000/- + service tax for Salaried) |
Nil |
IDBI | 10.25% | Rs.982 | Up to .50%of loan amount (Rs 2500 to be collected at login and balance at the time of sanction ) |
If Balance Transfer then 2% Otherwise Nil |
PNB Housing Finance | 10.75% - 11.50% (For Salaried/SEP), 11.25% - 11.75% (SENP) | Rs.1015 - Rs.1066 (For Salaried/SEP), Rs.1049 - Rs.1084 (SENP) | 0.5% | NIL |
ING Vysya | 10.75% - 11.25% | Rs.1015 -Rs.1049 | 0.5% of the loan amount | NIL |
Standard Chartered | 10% (Upto 25Lacs), then 10.25% - 10.50% | Rs.965 (Upto 25Lacs), then Rs.982 - Rs.998 | Rs.5500/- + Service tax | NIL |
Citibank | 10.25% (Fixed for 2yrs) | Rs.982 (Fixed for 2yrs) | 0.25% (For Salaried) 0.5% (For Self Employed) |
NIL |
Deutsche Bank | 10.50% | Rs.998 | 12000 + Service Tax | Nil |
DHFL | 11% | Rs.1032 | 1% for Salaried & 1.5% for SENP | NIL |
India Bulls | 10.25% (Upto 25Lacs), then 11% | Rs.981 (Upto 25Lacs), then Rs.1032 | Rs.7500 + 12.36%(Upto 30Lacs) , else 0.5% of the loan amount |
NIL |
Federal Bank | 10.50% | Rs.998 | 7,000 + Service Tax | N.A |
Bank of Maharastra | 10.55% (Upto 25lacs), then 10.75% | Rs.1002 (Upto 25lacs), then Rs.1015 | 0.50% (Max. Rs. 50,000/-) | Nil |
Allahabad Bank | 10.20% (Upto 25Lacs), then 10.45% | Rs.978 (Upto 25Lacs), then Rs.995 | upto 30 lacs: 0.60% of the loan amount subject to max. Rs.12000 30 lacs - 75 lac: 0.45% of the loan amount subject to max. Rs.24000 above 75 lacs - 300 lacs: 0.35% of the loan amount subject to max. Rs.60000 above 300 lacs: 0.25% of the loan amount subject to max. Rs.70000 |
NIL |
Central Bank of India | 10.25% | Rs.982 | 0.50% of the loan amount subject to maximum of Rs.20,000/- | Nil |
Corporation Bank | 10.25% | Rs.982 | 0.50% of Loan amount (Max.Rs.50,000/-) | NIL |
Bank of India | 10.25% | Rs.982 | WAIVED UPTO 31.12.2013 | Nil |
Union Bank of India | 10.25% | Rs.982 | Upto 75lacs: Nil 75 lacs & above : 0.25% of the loan amount subject to maximum of Rs. 7,500 (offer valid till 31/03/2014) |
NIL |
United Bank of India | 10.25% | Rs.982 | 0.50% of the loan amount | N.A |
UCO Bank | 10.20% | Rs.978 | 0.5% of the loan amount, minimum Rs.1500/- & maximum Rs. 15000/- | NIL |
Bank of Baroda | 10.25% | Rs.982 | Loan upto Rs.30 Lacs - 0.50% (Minimum Rs.5,000/-) Above 30 Lacs - 0.40% (Min. Rs.15,000/- & Max. Rs.50,000/-) |
N.A. |
Canara Bank | 9.95% | Rs.962 | ||
Oriental Bank of Commerce | 10.25% | Rs.982 | Nil (During festival Bonanza period i.e upto 31.12.2013) | Nil |
Kotak Bank | 10.75% | Rs.1015 | 0.25% - 0.5% | 2% on Balance transfer else NIL |
Dena Bank | 10.25% | Rs.982 | Waiver of process fee / upfront fee under Dena Niwas Housing Finance is applicable for proposals sanctioned w.e.f. 9.9.2013 to 31.12.2013 | Nil |
Punjab National Bank | 10.25% | Rs.982 | ||
First Blue Home Finance | 10.25% (for Salaried / SEP), 10.75% (For Self Employed) (Upto 25Lacs), Then 10.75% (for Salaried / SEP), 11.25% (For Self Employed) | Rs.982 (for Salaried / SEP), Rs.1015 (For Self Employed) | Salaried: Up to 30 lacs :7300 30 - 75 lacs : 11800 75 lacs & above : 15,000 + service tax(12.36%) |
Nil |
Vijaya Bank | 10.50% | Rs.998 | 0.25% of loan amount. Maximum Rs.10000. Exclusive of Service Tax | N.A |
Syndicate Bank | 10.25% | Rs.982 | upto Rs.25 lacs - 0.25% (Min Rs 1000 - Max Rs 5000) 26 lacs to 75 lacs - 0.55% (Max.Rs.500/-) above Rs.75 lacs - 0.55% (Max Rs.10000/-) |
N.A |
Indian Overseas Bank | 10.25% | Rs.982 | 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 |
Development Credit Bank | 11.50% | Rs.1066 | 1% | Nil |
State Bank of Travancore | 10.25%-10.50% | Rs.982 - Rs.998 | Processing fees stands reduced by50% of normal charges during the campaign period | NIL |
Tata capital Housing Finance ltd | 10.50% - 11% (Salaried), 10.95% - 11.45% (SEP/SENP) | Rs.1066 - Rs.1032 (Salaried), Rs.1028 - Rs.1062 (SEP/SENP) | 0.5 to 1% off the loan amount. | N.A |
Dhanalakshmi Bank | 11.75% (Fixed for 1yr), then 12.25% (Upto 35 Lacs), 12.25% (Fixed for 1yr), then 12.75% | Rs.1084 (Fixed for 1yr), then Rs.1119 (Upto 35 Lacs), Rs.1119 (Fixed for 1yr), then Rs.1154 | 1% + service tax | N.A |
Indian Bank | 10.20% | Rs.978 | Nil | Nil |