Home Loan / Housing Loan Interest Rates india

Home Loan / Housing Loan interest rates:In India all most all Public and Private sector banks are providing home loans but different banks charge different interest rates on Housing / Home Loans. The rate of interest also varies based on two different things like (a) the quantum of the loan; (b) period for which loan is intended to be availed etc. It becomes very important for the consumers who wish to benefit housing loan that they are able to get the loan at lowermost rate of interest so that they can save on EMI.So many banks are providing lowest rate on home load so it is not possible to give the name of one bank which concerns the lowest rate of interest for all terms and all levels of loan amount. Moreover, these rates are often changed by concern banks and that too without any informing customers. Occasionally the details were not even updated on the website or they are so puzzling that it becomes impossible to decode the details. 

How to Apply Home Loan or Housing loan

Home Loan / Housing Loan Interest Rates india
Therefore, we are providing below a comprehensive idea as to the banks which are charging lowest rate of interest in a specific category. Customers are advised to check the same by clicking on the official link of relevant bank from where they intend to benefit the loan and they check the websites of the following banks too to safeguard that they get the best transactions. Below are some of the bank rates as on the first week of September 2014. So many people are having so many questions like which banks charges the lowest interest on Home Loans / Housing Loans in 2014 so in order to solve those questions we are providing latest home loan interest by Public sector banks in India.

Housing Loan Interest Rates india

Name of Bank
Tenure of Loan/Amount of Loan
Rate of Interest
State Bank of India
For Women Borrowers
Upto Rs. 75.00 Lakhs
Above Rs. 75.00  Lakhs 
For Other Borrowers
Upto Rs. 75.00 Lac
Above Rs. 75.00 Lac

10.10%
10.25%

10.15%
10.30%
Indian Bank
Upto Rs. 75 Lakhs
Above Rs. 75 Lakhs
10.25%
10.50%
Canara Bank
upto Rs. 75 lakh
Above Rs. 75 lakh
10.30%
10.50%
Central Bank of India
Upto Rs. 75 Lakhs
Above Rs. 75 Lakhs
10.25%
10.50%
Bank of Baroda
Upto Rs. 30 Lakhs
Above Rs. 30 Lakhs
Upto Rs. 75 Lakhs & Above Rs. 75 Lakhs
10.25%
10.25%
10.25%
Dena Bank
Upto Rs. 75 Lakhs
Above Rs. 75 Lakhs
10.25%
10.50%
Axis Bank
Loan up to Rs. 75 Lac
Loan above Rs. 75 Lac
10.25%
10.50%
Oriental Bank Of Commerce
Upto Rs. 75 Lakhs
Above Rs.75 Lakhs - Rs. 3 Crore
10.25%
10.75%
Corporation Bank
upto Rs. 50 Lakh
Above Rs. 50 Lakhs
10.25%
10.50%
IDBI Bank
 Upto Rs. 75 Lakhs
10.25%
State Bank of Hyderabad
Upto Rs. 30 Lakhs
Above Rs. 30 Lakhs
10.50%
10.75%
Bank of India
Limits upto Rs. 75 Lakhs
For limits over Rs.75 Lakhs & above
10.20%
10.45%
United Bank of India
Upto Rs. 25 Lakhs
Above Rs. 25 Lakhs & upto Rs. 75 Lakhs
Above Rs. 75 lakhs & upto Rs. 150 Lakhs
10.50%
10.55%
10.80%

Allahabad Bank

Above Rs. 30 lakhs and upto Rs. 75 lakhs
Above Rs. 75 lakhs and upto 300 Lakhs
Above Rs. 300 Lac and upto Rs. 500 Lac

10.25%
10.25%
10.50%

Punjab and Sind Bank
Upto Rs. 30 lakhs
Above Rs. 30 Lakhs & upto Rs. 75 lakhs
Above Rs. 75 lakhs

10.50%
10.75%
11.00%




According to the guidelines of the RBI every bank will permit the home loan to the consumers, so consumers who are indeed of home loans can contact to any one of the above mention bank and can acquire home loan with lowest rate of interest.
Home Loan / Housing Loan Interest Rates india Home Loan / Housing Loan Interest Rates india Reviewed by Mallikarjun Naidu for Rating: 5