Home loan and mortgage loan banks and NBFC financial services
Approx. Interest Rate (p.a.)
Bank / Lender
State Bank of India (SBI)
7.50% p.a. onwards
India’s largest bank with wide branch network and varied home loan products.
Punjab National Bank (PNB)
8.50% p.a. onwards
Competitive for salaried & self-employed; may offer concessions.
Bank of India
8.50% p.a. onwards
Among lowest starting rates available.
Canara Bank
8.50% p.a. onwards
Often competitive for first-time buyers.
Bajaj Housing Finance (NBFC)
8.00% p.a. onwards
NBFC option with quick processing.
ICICI Bank
8.50% p.a. onwards
Good choice for digital service + faster approvals.
Kotak Mahindra Bank ~8.85% p.a. onwards Flexible terms; sometimes higher than PSU banks.
HDFC Bank
7.90% p.a. onwards
Well-known private bank home loan product.
Axis Bank 8.50% p.a. onwards
Bandhan Bank 8.50% p.a onwards
Punjab & Sind Bank
8.00% p.a. onwards
Competitive PSU bank rates.
IDBI Bank
8.50% p.a. onwards
Another public sector lender with lower starting rate.
RBL Bank
9.20% p.a. onwards
Mid-range private bank rates.
DCB Bank 8.85% p.a. onwards
IDFC FIRST Bank
~8.85% p.a. onwards
Slightly higher start but modern features available.
Tata Capital Housing Finance (HFC)
8.85% p.a. onwards
Housing finance company with varied products.
Axis Finance Ltd 10.80% p.a. onwards
True home Housing Finance 10.50% p.a. onwards
Piramal Housing Finance 9.90% p.a to 14% p.a. onwards
Home first finance india ltd 8.90% p.a. to 16% p.a onwards
Other HFCs (LIC, PNB HFC, etc.)
~7.90%–10%+