The latest mortgage interest rates: January 7, 2022

What are the different fixed and floating interest rates offered for home loans today? Let’s take a full look at the interest rates of banks and housing finance companies.

Institution Amount of the loan
Below

Rs. 30 lakh
Rs. 30 to

75 lakh
Rs. 75 lakh and more
BANKS (Floating rates)
Axis Bank 6.75-7.20 6.75-7.20 6.75-7.20
Baroda Bank 6.5-7.85 6.5-7.85 6.5-7.85
Bank of India 6.50-8.35 6.50-8.35 6.50-8.35
Bank of Maharashtra 6.40-7.95 6.40-8.45 6.40-8.45
Canara Bank 6.9-8.9 6.9-8.9 6.9-8.9
central bank 6.85-7.30 6.85-7.30 6.85-7.30
DBS Bank
Federal Bank 7.65-7.70 7.65-7.75 7.70-7.80
HDFC Bank 6.75-7.50 6.75-7.75 7.00-7.85
ICICI Bank 6.70-7.30 6.70-7.45 6.70-7.55
Indian Bank 6.50-7.2 6.50-7.2 6.50-7.0
IOB 7.05 7.05-7.15 7.15-7.3
IDBI Bank 6.75-9.90 6.75-9.90 6.75-9.90
J&K Bank 6.95-7.05 6.95-7.05 7.05-7.35
Bank of Karnataka 7.5-8.75 7.5-8.75 7.5-8.85
Karur Vysia Bank 7.15-9.35 7.15-9.35 7.15-9.35
Kotak Mahindra Bank 6.55-7.10 6.55-7.10 6.55-7.10
National Bank of Punjab 6.55-7.8 6.5-7.8 6.5-7.45
Bank of Punjab and Sindh 6.5-7.60 6.5-7.60 6.5-7.60
State Bank of India ^ 6.70 – 7.15 6.70 – 6.90 6.70 – 6.90
Bank of South India 7.30-10.05 7.30-10.05 7.30-10.05
Tamilnad Merchant Bank 8.25 8.25 8.25
UCO Bank 6.50-6.70 6.50-6.70 6.50-6.70
Union Bank of India 6.4-7.35 6.4-7.4 6.4-7.4
BANKS (Fixed rates)
Axis Bank 12 12 12
HDFC Bank 7.40-7.95 7.40-8.10 7.55-8.20
IDBI Bank 9.85-10.10 9.85-10.10 9.85-10.10
Union Bank of India 11.4 11.4-12.4 12.4-12.65
HOUSING FINANCING COMPANIES (Floating rates)
Floating rates:
Capital of Tata > = 6.7 > = 6.7 > = 6.7
Housing GNP 6.99-8.75 6.99-8.90 7.15-8.90
Central Bank Housing 9.95-11.15 9.95-11.15 9.95-11.15
HDFC Ltd 6.70-7.65 6.70-7.90 6.70-8.0
Indiabulls housing fin > = 8.65 > = 8.65 > = 8.65
Housing fin Aditya Birla 9-12.5 9-12.5 9-12.5
Bajaj Finserv 6.70-14.00 6.70-14.00 6.70-14.00
GIC Housingl Finance Ltd 9.10-12.50 9.10-12.50 9.10-12.50
Reliance home financing 9.75-13 9.75-13 9.75-11
Sundaram Home Finance Ltd > = 7.85 > = 7.85 > = 7.85
Piramal Capital & Housing Finance > = 10.5 > = 10.5 > = 10.5
LIC Housing Finance Ltd 6.75-7.60 6.70-7.80 6.7-7.90
HOUSING FINANCING COMPANIES (Fixed rates)
HDFC Ltd 7.40-8.10 7.40-8.25 7.55-8.35
LIC Housing Finance Ltd 10.05 10.05-10.15 10:15 a.m.

Compiled by BankBazaar.com from the website of the respective bank on the date mentioned above. Note that fixed interest rates may be subject to revision after a fixed period depending on the general conditions of the bank.

Some banks / FIs only allow fixed rates for a specified period and thereafter the prevailing variable rates apply. * Including the balance transfer rate

Published on

January 09, 2022

Bernadine J. Perkins