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 crore and up to Rs.2 crore, the fee is Rs.20,000 plus GST. For amounts above Rs.2 crore and up to Rs.5 crore, the fee is Rs.25,000 plus GST. For amounts above Rs.5 crore and up to Rs.15 crore, the fee is Rs.50,000 plus GST.
Axis Bank	8.75% p.a. onwards	Up to 1% or min. Rs.10,000 Plus GST
Canara Bank	8.40% p.a. onwards	0.50% of the loan amount.
Punjab and Sind Bank	8.50% p.a. onwards	0.15% of the loan amount will be charged, with a minimum of Rs.1,000 and a maximum of Rs.3,750. For loans above Rs.25 lakh and up to Rs.50 lakh, the fee is 0.25% of the loan amount, capped at a maximum of Rs.12,500. Similarly, loans above Rs.50 lakh but less than Rs.75 lakh incur a fee of 0.25% of the loan amount, with a maximum limit of Rs.15,000. Loans of Rs.75 lakh and above carry a charge of 0.25% of the loan amount.
IDFC First Bank	8.75% p.a. onwards	Up to 3% of the overall loan amount.
Bank of Maharashtra	8.35% p.a. onwards	No processing fees.
Punjab National Bank	9.40% p.a. onwards	Nill
IDBI Bank	8.40% p.a. onwards	0.50% (Rs. 2,500 - Rs.5,000)
HSBC Bank	8.45% p.a. onwards	1% of loan amount or Rs.10,000, whichever is higher.
Karur Vysya Bank	9.00% p.a. onwards	Loans up to Rs.25 Lakh incur a charge of Rs.2,500 Plus GST.Loans ranging from Rs.25 Lakhs to Rs.50 Lakh carry a processing fee of Rs.5,000 Plus GST.For loans exceeding Rs.50 Lakh, the processing fee is Rs.7,500 plus GST.
Saraswat Bank Home Loan	8.60% p.a. onwards	Up to Rs.35 lakh: NIL Nl  Rs.35 lakh - Rs.50 lakh: 0.30% of loan amount   Rs.50 lakh - Rs.70 lakh: 0.40% of loan amount  Rs.70 lakh - Rs.1.40 lakh: 0.50% of loan amount
Jammu and Kashmir Bank	8.85% p.a. onwards	0.50% Plus GST (min. Rs.2,000 and max. Rs.50,000)
South Indian Bank	8.35% p.a. onwards	0.50% of the loan amount plus GST
Federal Bank	8.80% p.a. onwards	0.50% of the loan amount with a minimum of Rs. 10,000 and a maximum of Rs. 20,000.
Standard Chartered Bank	8.60% p.a. onwards	Contact the bank
Karnataka Bank	8.75% p.a. onwards	Contact the bank
Sundaram Home Finance	Contact the bank for information on the floating/variable interest rate linked to market lending rates.	Up to 0.75% of the loan amount plus applicable GST.
Dhanlaxmi Bank	9.35% p.a. onwards	1.00% of the loan amount, plus service tax (with a minimum of Rs.10,000 Plus service tax).
Tata Capital	8.70% p.a. onwards	2.00% p.a. plus GST.
Tamilnad Mercantile Bank	8.60% p.a. onwards	0.50% of loan amount Plus GST
Bandhan Bank	8.65% p.a. onwards	Contact the bank
Yes Bank	9.40% p.a. onwards	1.5% of the loan amount plus GST or Rs.10,000, whichever is higher
Hudco Home Loan	9.25% p.a. onwards	Nil
Indiabulls	9.30% p.a. onwards	0.50% onwards
Aditya Birla	Contact the bank	Up to 1%
GIC Housing Finance	8.80% p.a. onwards	Rs.2,500 Plus Applicable GST
Shriram Housing	9.50% p.a. onwards	Up to 2.5% of the loan amount Plus applicable taxes.
India Shelter Finance	12% p.a. onwards	Contact the institute.