Top Banks Home Loan Lowest Interest Rate Starting at 8.30% as on 22 Nov 2018

Top Bank Home Loan Interest Rate (updated on 22 Nov 2018)

BankInterest RateTenureExplore
Dcb Bank Limited10.19%20 Years Explore
Rbl Bank Limited10.30% - 11.65%25 Years Explore
Bandhan Bank Limited12.00%15 Years Explore
Indian Bank8.40% - 8.50%30 Years Explore
Dena Bank8.40% - 8.55%30 Years Explore
Corporation Bank8.40% - 9.10%30 Years Explore
Central Bank Of India8.45%30 Years Explore
Uco Bank8.45% - 8.70%30 Years Explore
State Bank Of India8.45% - 8.75%30 Years Explore
Bharatiya Mahila Bank Limited8.45% - 8.75%30 Years Explore
State Bank Of Mysore8.45% - 8.75%30 Years Explore
State Bank Of Hyderabad8.45% - 8.75%30 Years Explore
State Bank Of Patiala8.45% - 8.75%30 Years Explore
State Bank Of Travancore8.45% - 8.75%30 Years Explore
State Bank Of Bikaner And Jaipur8.45% - 8.75%30 Years Explore
Vijaya Bank8.50%30 Years Explore
Hdfc Bank8.50% - 8.70%30 Years Explore
Canara Bank8.50% - 8.70%30 Years Explore
Axis Bank8.50% - 8.75%30 Years Explore
Indian Overseas Bank8.50% - 8.75%30 Years Explore
Punjab And Sind Bank8.50% - 8.75%15 Years Explore
Allahabad Bank8.50% - 9.00%30 Years Explore
Bank Of Baroda8.50% - 9.50%30 Years Explore
Andhra Bank8.55% - 8.70%30 Years Explore
Karnataka Bank Limited8.55% - 8.95%30 Years Explore

Home Loan

A home is a dwelling place used as a permanent residence for an individual, household or family. Building your home can be one of the most exciting and important dreams one has and a home construction or purchase is probably the biggest financial decision in one's life. This decision has an impact on one's financial life for many years to come.

Now due to home loans offered by many finance companies and bank, it has become comparatively easier to build our own home. Such banks/ home finance companies provide you full assistance in getting loan by their simple procedures.

A Home loan in India is offered by several banks at a lower interest rate starting at 9% as on 22 Nov 2018. These loans allow you to repay them in maximum of 30 Years. Banks offer the best Home loan schemes and you can repay the loan through easy EMIs.

Further, there is also tax benefits in availing home loans. Find below Banks List Providing Home Loan.

Purpose of Home Loan

  • Home Purchase Loan - For the purpose of purchase of a house.
  • Home Construction Loan - For the purpose of self-construction of a residential home.
  • Land Purchase Loans/Plot Loans - For the purpose of purchase of a plot of land for construction or as an investment.
  • Home Extension Loan - For the purpose of add more space to your existing home.
  • Home Improvement Loan - For the purpose of internal or external repairs, waterproofing, electrical works, painting, roofing, plumbing, etc.
  • Residential Plot Loan - For the purchase of a residential plot of land in an urban area, and build your house subsequently.

Types of Home Loan

Sr NoSchemeBrief Description
1Regular Home LoanRegular and most demanding Loan Scheme
2Home Loan as OverdraftHome Loan is taken as Overdraft
3Home Top-Up LoanBorrow amount over and above home loan amount
4Balance Transfer of Home LoanTransfer home loan from other institution
5NRI Home LoanNRIs and PIOs can get home loan
6Flexipay Home LoanExclusively designed for salaried to get higher loan
7Privilege Home LoanExclusively designed for government employees
8Home Improvement LoanFor furnishing houses or flats at very low interest rate
9Pre-Approved Home Loan (PAL)Sanction of loan limit before finalizing property
10Realty Home LoanExclusively to purchase a plot for construction
11Bridge Home LoanUpgrade home
12Reverse Mortgage LoanLoan against mortgage of residential property
13CRE (Commercial Real Estate) Home LoanLoan to customers who own at least 2 houses
14Pradhan Mantri Awas Yojana (PMAY)Subsidised home loan for eligible urban beneficiaries
15Step Up Home LoanOffers higher loan amount as compared to your actual loan eligibility
16Fixed Home Loan 24/36 monthsFixed interest rate for first 2/3 years

Upcoming Bank Holidays

2018 November 23 is a bank holiday in Andaman And Nicobar Island due to Guru Nanak Jayanti/Kartika Purnima/Seng Kut Snem/Friday Following Eid-I-Milad-ul-Nabi.
2018 November 26 is a bank holiday in Karnataka due to Kanakadasa Jayanthi.
2018 December 03 is a bank holiday in Goa due to Feast Of St.Francis Xavier.
2018 December 05 is a bank holiday in Jammu And Kashmir due to Birthday Of Sheikh Mohammad Abdullah.
2018 December 10 is a bank holiday in Sikkim due to Losoong/Namsoong.
2018 December 12 is a bank holiday in Meghalaya due to Pa-Togan Nengminza Sangma.

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ALL INDIA BANKS LIST
A B BANK LIMITED ABN-AMRO Bank N.V ABU DHABI COMMERCIAL BANK AIRTEL PAYMENTS BANK LIMITED
ALLAHABAD BANK American Express Banking Corp ANDHRA BANK Antwerp Diamond Bank NV
AU SMALL FINANCE BANK LIMITED AXIS BANK B N P PARIBAS BANDHAN BANK LIMITED
BANK OF AMERICA BANK OF BAHARAIN AND KUWAIT BSC BANK OF BARODA BANK OF CEYLON
BANK OF INDIA BANK OF MAHARASHTRA BANK OF TOKYO MITSUBISHI LIMITED BARCLAYS BANK
BHARATIYA MAHILA BANK LIMITED Calyon Bank CANARA BANK CAPITAL SMALL FINANCE BANK LIMITED
CATHOLIC SYRIAN BANK LIMITED CENTRAL BANK OF INDIA CHINATRUST COMMERCIAL BANK LIMITED CITI BANK
CITY UNION BANK LIMITED CORPORATION BANK DBS Bank Ltd DCB BANK LIMITED
DENA BANK DEUSTCHE BANK DHANALAKSHMI BANK EQUITAS SMALL FINANCE BANK LIMITED
ESAF SMALL FINANCE BANK LIMITED EXPORT IMPORT BANK OF INDIA FEDERAL BANK FINCARE SMALL FINANCE BANK LTD
HDFC BANK HSBC BANK HSBC BANK OMAN SAOG ICICI BANK LIMITED
IDBI BANK IDFC BANK LIMITED INDIAN BANK INDIAN OVERSEAS BANK
INDUSIND BANK JAMMU AND KASHMIR BANK LIMITED JP MORGAN BANK JSC VTB BANK
KARNATAKA BANK LIMITED KARUR VYSYA BANK KOTAK MAHINDRA BANK LIMITED Krung Thai Bank Public Co. Ltd
LAXMI VILAS BANK MASHREQBANK PSC MIZUHO CORPORATE BANK LIMITED NORTH EAST SMALL FINANCE BANK LIMITED
OMAN INTERNATIONAL BANK SAOG ORIENTAL BANK OF COMMERCE PUNJAB AND SIND BANK PUNJAB NATIONAL BANK
RBL Bank Limited SBM BANK MAURITIUS LIMITED SHINHAN BANK SOCIETE GENERALE
SONALI BANK LTD SOUTH INDIAN BANK STANDARD CHARTERED BANK STATE BANK OF BIKANER AND JAIPUR
STATE BANK OF HYDERABAD STATE BANK OF INDIA STATE BANK OF MYSORE STATE BANK OF PATIALA
STATE BANK OF TRAVANCORE SURYODAY SMALL FINANCE BANK SYNDICATE BANK TAMILNAD MERCANTILE BANK LIMITED
THE BANK OF NOVA SCOTIA THE NAINITAL BANK LIMITED UBS AG UCO Bank
Ujjivan Small Finance Bank Limited UNION BANK OF INDIA UNITED BANK OF INDIA UNITED OVERSEAS BANK LIMITED
UTKARSH SMALL FINANCE BANK VIJAYA BANK Woori Bank YES BANK
ZILA SAHAKARI BANK LTD