Home Loan Rate of interest 2024
Home Loan Interest Rate of all Banks 2024 Banks Starting Interest Rate (p.a.) Processing Fees Kotak Mahindra Bank 8.70% p.a. onwards Salaried: 0.5% Plus taxes; Self-Employed/Commercial: 1.0% Plus taxes. Union Bank of India 8.35% p.a. onwards 0.50% of the loan amount. Bank of Baroda 10.15% p.a. onwards No processing fee; discounted upfront fee. Central Bank of India 8.50% p.a. onwards 0.50% up to Rs.20,000 Plus GST (waived till 31 March 2024) Bank of India 8.30% p.a. onwards Nil State Bank of India 8.50% p.a. onwards 0.35% of the loan amount plus GST. HDFC Home Loans 8.70% p.a. onwards Up to 0.50% or Rs.3000 Plus taxes, whichever is higher. Minimum retention: 50% or Rs.3000 Plus taxes, whichever is higher. LIC Housing Finance 8.35% p.a. onwards For amounts up to Rs.1 crore, it is 0.25% of the loan amount, with a maximum of Rs.15,000 plus GST. For amounts above Rs.1 c...