Current Home Loan Interest Rate of All Banks Jan 2021

Home loan interest rates in 2021 are at lowest rate ever in the last decade. This wouldn't be the case for a long time so the borrower should better to be prepare for the rise in interest rate. There are repo linked and fixed interest rate available for home loan borrower. Here is list of REPO linked home loan interest rate for the year 2021.

Current Home Loan Interest Rate Jan 2021

Banks	Interest Rate (p.a.)
Kotak Mahindra Bank	6.75%
Citibank	6.75%
Union Bank of India	6.80%*
Bank of Baroda	6.85%
Central Bank of India	6.85%
Bank of India	6.85%
State Bank of India	6.90%
HDFC LTD	6.90%*
ICICI Bank	6.90%
LIC Housing Finance	6.90%
Axis Bank	6.90%
Canara Bank	6.90%
Punjab and Sind Bank	6.90%
IDFC First Bank	7.00%
Bank of Maharashtra	7.05%
Indian Overseas Bank	7.05%
Punjab National Bank	7.10%
United Bank of India	7.10%
UCO Bank	7.15%
DBS Bank	7.20%
IDBI Bank	7.40%
HSBC Bank	7.45%
Karur Vysya Bank	7.45%
Saraswat Bank Home Loan	7.55%
Jammu and Kashmir Bank	7.70%
South Indian Bank	7.90%
PNB Housing Finance	7.90%
Federal Bank	7.90%
Standard Chartered Bank	7.99%
Aavas Financiers	8.00%
Karnataka Bank	8.17%
Sundaram Home Finance	8.60%
Dhana lakshmi Bank	8.25%
Tata Capital	8.50%
Tamilnad Mercantile Bank	8.65%
IIFL	8.70%
DHFL Housing Finance	8.75%
Bandhan Bank	8.75%
Yes Bank	8.85%
Hudco Home Loan	8.95%
Indiabulls	8.99%
Aditya Birla	9.00%
GIC Housing Finance	9.10%
Reliance Home Finance	9.75%
Shriram Housing	10.49%
India Shelter Finance	13.00%

Data Source: BankBazaar: https://www.bankbazaar.com/home-loan-interest-rate.html

Top 3 Bank Offers on Home Loan Jan 2021

1. SBI Home Loan Interest Rate

LOAN AMOUNT	Applicable Interest Rate
Up to Rs 30 Lacs	EBR + 105 bps ER: 7.70%
Above Rs 30 Lacs to Rs 75 Lacs	EBR + 115 bps ER: 7.80%
Above Rs 75 Lac	EBR + 125 bps ER: 7.90%

Ref: https://homeloans.sbi/products/view/regular-home-loan

2. HDFC Home Loan Interest Rate

Loan Slab	Home Loan Interest Rates (% p.a.)
For Others* (upto 30 Lakhs)	7.00 to 7.50
For Women* (30.01 Lakhs to 75 Lakhs)	7.20 to 7.70
For Others* (30.01 Lakhs to 75 Lakhs)	7.25 to 7.75
For Women* (75.01 Lakhs & Above)	7.30 to 7.80

Ref: https://www.hdfc.com/housing-loans/home-loan-interest-rates

3. Kotak Mahindra Bank Home Loan Interest Rate

Employment Type	For LTV <=80%	For LTV >80%-90%
For Salaried	6.75% - 8.30%	6.85% - 8.35%
For Self Employed	6.85% - 8.40%	6.95% - 8.45%

Ref: https://www.kotak.com/en/personal-banking/loans/home-loan/interest-rates.html

4. Bank of Baroda (BoB) Home Loan Interest Rate

Scheme	Rate of Interest
Baroda Home Loan	7.25% - 8.25%
Baroda Home Loan Advantage	7.25% - 7. 50%
Baroda CRE Home Loan	7. 50%
Baroda CRE Home Loan (Advantage)	7. 50% - 8.00%
Baroda Top Up Loan (Resident/NRIs/PIOs0)	8.00%