Home Loan Interest Rates in India

 

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Home loan comes at competitive interest rates, compare home loan interest rates in India with all banks.

 

Get a complete list of current home loan rate of interest in India from all leading banks and financial institutions.

 

Home Loan Interest Rates in India - All Government Banks Rates

Bank Name’s Interest Rates (p.a)

Bank of Baroda 6.75%

Bank of India 6.70%

Bank of Maharashtra 7.05%

Canara Bank 6.90%

Central Bank of India 6.85%

Punjab National Bank 6.70%

State Bank of India 6.70%

UCO Bank 7.15%

Union Bank of India 6.80%

United Bank of India 7.10%

 

All Private Banks Rates

Bank Name’s Interest Rates (p.a)

Axis Bank 6.70%

Bandhan Bank 8.75%

Federal Bank 7.90%

HDFC Bank 6.65%

ICICI Bank 6.70%

IDBI Bank 6.90%

IDFC First Bank 7.00%

Kotak Mahindra Bank 6.65%

YES Bank 7.00%

 

All NBFCs Banks Rates

Bank Name’s Interest Rates (p.a)

Aditya Birla Finance 9.00%

HSBC Bank 7.45%

IIFL 8.70%

Indiabulls 8.99%

Indian Overseas Bank 7.05%

LIC Housing Finance 6.90%

PNB Housing 7.35%

Standard Chartered Bank 7.99%

Tata Capital 8.50%

 

How to Calculate Interest on Home Loan?

Typically, Home loans are a long-term loan, and it is important to figure out your overall interest rate that you will be paying in your repayment duration period. You can calculate the same using one of the two methods listed below:

 

• Home loans : With the use of home loan EMI calculator, one can easily able to calculate the interest amount applicable on their housing loan. You will be required to enter the following fields provided on the calculator as follows below:
• Loan Amount
• Loan Repayment Tenure
• Rate of Interest

 

Once the details you have been fed, just with one click on the Calculate button gets details breakup of your loan including amount payable towards interest even its include balance amount month to month basis.