Home Loan Rates

Compare latest interest rates from top banks and housing finance companies

Current Home Loan Interest Rates – August 2025

Lender Up to ₹30 Lakh ₹30–75 Lakh Above ₹75 Lakh
State Bank of India7.50% – 8.95%7.50% – 8.95%7.50% – 8.95%
HDFC Bank7.90% onwards7.90% onwards7.90% onwards
Bajaj Housing Finance7.45% onwards7.45% onwards7.45% onwards
ICICI Bank7.70% onwards7.70% onwards7.70% onwards
Axis Bank8.35% – 11.90%8.35% – 11.90%8.35% – 9.35%

Note: Interest rates as of 27 August 2025

Other Banks & HFCs

Lender Up to ₹30 Lakh ₹30–75 Lakh Above ₹75 Lakh
Union Bank of India7.35% – 10.00%7.35% – 10.00%7.35% – 10.00%
Bank of Baroda7.45% – 9.25%7.45% – 9.25%7.45% – 9.50%
HSBC India7.70% onwards7.70% onwards7.70% onwards

Note: Interest rates as of 27 August 2025

Types of Home Loan Interest Rate

Factors Affecting Rates

  1. Credit Score: Higher score = better terms.
  2. Loan Type: Different types have different rates.
  3. Occupation: Stable income gets better rates.
  4. Rate Type: Fixed vs Floating impacts EMI.

FAQs

Q: What is the current home loan rate?
A: Starting from 7.35% p.a.

Q: Which bank has the best rate?
A: Bank of India, Central Bank, Bank of Maharashtra (from 7.35%).

Q: Does RBI repo rate affect my rate?
A: Yes, especially for floating loans linked to RLLR.

Q: Fixed or Floating – which is better?
A: Floating is lower but can rise; Fixed is stable but higher.

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