Home Loan - Compare & Apply for Lowest Home Loan Lowest Interest Rate @ 8.10%*
Bring your dream home within reach! Take advantage of home loan rates as low as 8.10% to make your home buying journey smooth and straightforward. We offer flexible terms, fast approvals, and complete transparency—no hidden fees, just clear and tailored solutions for you. Let’s make your dream a reality. Apply now!
Transfer Your Home Loan and Enjoy Reduced EMIs @ 8.10%
Fed up with hefty EMIs? Consider our Home Loan Transfer option, now available at a low 8.10% interest rate, and start saving significantly! Benefit from lower monthly payments, flexible repayment options, and a straightforward transfer procedure. Take charge of your financial future—transfer today and begin saving! Apply now!
Note: Home Loan Interest rates as of
Home Loan Interest Rates of Public Sector Banks
Public sector banks are a favorite among the majority of borrowers due to their low rates of interest and low processing fees. Some of the leading banks and their new home loan rates of interest are:
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Banks
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Starting Interest Rate (p.a.)
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Processing Fees
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Apply Now
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8.25% – 8.65% p.a. onwards
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₹0 – ₹5,900
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8.15% – 10.35% p.a onwards
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₹5,900 - ₹10,080
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8.10% – 9.55% p.a. onwards
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₹2,500 – ₹20,000
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8.10% – 10.50% p.a. onwards
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₹0– ₹15,000
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8.10% – 10.65% p.a. onwards
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₹0 – ₹11,800
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8.15% – 9.75% p.a. onwards
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₹0 – ₹5,900
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8.15% – 10.70% p.a. onwards
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₹11,800 – ₹15,000
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8.25% - 9.25% p.a. onwards
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Nill
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8.25% - 9.25% p.a. onwards
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₹5,900 - ₹11,800
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8.30% - 10.00% p.a. onwards
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₹1,500 - ₹15,000
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8.25% - 8.75% p.a. onwards
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₹5,900 - ₹15,000
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Home Loan Interest Rates of Private Banks
Private banks tend to offer competitive home loan interest rates but slightly higher processing charges. Some of the recent housing interest rates today from top private banks are as follows:
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Banks
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Starting Interest Rate (p.a.)
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Processing Fees
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Apply Now
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|---|---|---|---|
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8.70% - 9.55% p.a. onwards
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₹0 - ₹3,300
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8.75% - 9.10% p.a. onwards
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₹5,900 - ₹11,800
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8.75% - 9.65% p.a. onwards
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₹5,900 - ₹11,800
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8.65% - 9.50%, p.a. onwards
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₹5,000 - ₹11,800
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8.80% - 10.25% p.a. onwards
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₹5,900 - ₹15,000
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8.85% - 12.00% p.a. onwards
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Up to 3% of loan amount
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9.00% - 12.00% p.a. onwards
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Up to 1% of loan amount
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9% – 12% p.a. onwards
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Up to 1.25% of loan amount
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8.35% - 9.90%p.a. onwards
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₹5,900 - ₹10,000
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11.00% - 22.00% p.a. onwards
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Up to 2% of loan amount
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9.15% - 13.25% p.a. onwards
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Up to 2% of loan amount
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8.50% - 11.20% p.a. onwards
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₹10,000 - ₹15,000
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8.75% - 11.70% p.a. onwards
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Up to 0.5% of loan amount
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Non-Banking Financial Companies (NBFCs) Home Loan Interest Rates
NBFCs provide home loans with flexible repayment terms but with slightly higher interest rates. Some of the recent home loan interest rates provided by NBFCs are as follows:
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NBFCs
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Starting Interest Rate (p.a.)
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Processing Fees
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Apply Now
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|---|---|---|---|
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8.25% - 17.00% p.a. onwards
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Up to 4% of loan amount
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8.25% - 10.50% p.a. onwards
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₹5,900 - ₹11,800
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8.50% - 15.00% p.a. onwards
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Up to 1% of loan amount
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8.75% - 10.55% p.a. onwards
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Up to 0.5% of loan amount
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8.55% - 13.00% p.a. onwards
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Up to 0.5% of loan amount
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8.65% - 15.00% p.a. onwards
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Up to 3% of loan amount
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8.75% - 12.00% p.a. onwards
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Up to 1.75% of loan amount
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9.50% - 16.00% p.a. onwards
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Upto to 4% of loan amount
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11.75% - 16.50% p.a. onwards
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Up to 1% of loan amount
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Factors Influencing Housing Interest Rates
Different parameters determine home loan interest rates, including:
- Credit Score: People with good credit scores are provided with lower interest rates.
- Loan Amount & Tenure: Large loan sizes and longer periods may impact interest rates.
- Market Conditions: RBI repo rate fluctuations dictate lending rates.
- Type of Interest Rate: Fixed rates and floating rates vary according to lender policies.
- Employment Profile: Salaried employees may be provided with better rates than self-employed employees.
How to Get the Best Home Loan Rates Today
To obtain optimum interest rates on a house loan, keep in mind the following:
- Improve Your Credit Score: Keep your credit score up to date and improve it by making timely bill payments and settling dues.
- Compare Different Lenders: Compare and know the current interest rates provided in house loans by government sector banks, private sector banks, and non-banking finance companies.
- Select a Floating Rate: Although fixed interest rates are cushioned, floating rates may be beneficial in the event of a decline in market interest rates.
- Negotiate with Banks: Negotiate with the bank if you have a good financial record and good credit history for the low rate of interest.
- Special Offers: Some banks provide low interest rates to women borrowers, first-time home buyers, and repeat customers.
Conclusion
Knowing the latest home loan interest rates in February 2025 will help you choose the best lender. It doesn’t matter whether you want to go with a public sector bank, private bank, or NBFC because proper research and correct comparison will make you fetch the best Home Loan rates for today. Never forget to go through the terms and conditions, processing fee charges, and interest rates available before opting for a loan so that one can make a rational economic decision.
FAQs
The RBI has, as of February 2025, fixed the repo rate at 6.25%.
A lower repo rate usually causes banks to cut their lending rates, keeping home loans cheaper.
Yes, there are several banks that provide home loan balance transfer facilities to enable borrowers to shift to a lender who has a lower rate of interest.
Are fixed interest rates or floating interest rates better?
Fixed rates offer security with equal monthly repayments while floating rates can fluctuate according to market forces, possibly yielding savings if interest rates fall.
Yes, processing fees vary with institutions and may either be a percentage or a flat fee based on the loan value. Comparing such fees is a good idea when choosing a lender.
Having a high credit rating, requesting a shorter loan period, and comparing quotes from different lenders can assist you in getting a good interest rate.
