Home Loan Interest Rate

Corporation Bank home loan interest rates are majorly based on your credit score; the higher the credit score, the lower the interest rate. 

The effective home loan interest rates offered by RBL bank on floating rate home loans can range between 8.50% - 11.00% p.a. The maximum home loan amount and tenure offered by the bank depends on eligibility criteria.

RBL bank offers concessional home loan interest rates for women borrowers through various schemes launched at regular intervals. 

RBL bank offers a revision of home loan interest rates to existing customers depending on ongoing interest rates in the market and the bank’s decision criteria.

As of Q3’21 interest rate announcements, RBL Bank has reduced its home loan interest rates by 0.7%. The earlier interest rate was 10.20% which has now come down to 9.50%. RBL bank offers one of the best home loan interest rates in the Indian market.

Your home loan interest from DHFL is determined based on factors like your credit score, age, employment type and salary, other loans and liabilities, and the loan amount you are looking at. 

The interest offered by Standard Chartered bank on home loans starts at 7.99%. The interest rate applicable on home loans offered by the bank can vary depending on the loan amount and the applicants' risk profile.

You can negotiate housing loan interest rates while borrowing a home loan from Standard Chartered bank if you are an existing customer or have a long-standing relationship with the bank. In all other cases, here are some of the tips that you can use while negotiating housing loan interest rates with Standard Chartered bank

Standard Chartered bank offers home loans at competitive interest rates starting from 7.99%. There are various home loan schemes offered by the bank and each can be used for exclusive purposes depending on the borrower’s needs.

The interest rates applicable on IDFC home loans are floating. They are spread over a 6-month MCLR which are subject to changes, depending on the loan amount.

You can negotiate IDFC home loan interest rate if you have had a long-standing association with the bank, good credit score, or can show proof of stable and high-income source. 

The interest rate for L&T Home Loans starts at 6.75% per annum.  For a Rs.25 lakh loan, with a tenure of 15 years, at an interest rate of 6.75%, your monthly EMI shall be Rs. 22,192. 

L&T Housing loans come with low-interest rates and give you high repayment tenure of up to 30 years. The interest rates start from 6.75% p.a.

DHFL offers an interest rate of 8.75% per annum on their New Home Loans. So, for a Rs.25 lakhs loan with a repayment tenure of 15 years, your monthly EMI would be around Rs. 25,000.

DHFL Housing loans come with low-interest rates and give you a high repayment tenure of up to 25 years. The interest rates start from 8.75% p.a. 

Your home loan interest from DHFL is determined based on factors like your credit score, age, employment type and salary, other loans and liabilities, and the loan amount you are looking at. 

Cholamandalam Investment and Finance Company (shortly known as Chola Finance), was established in 1978 and now has 167 branches across India. It provides different home loan products to its customers, including its employees with attractive features, to suit their varying budget requirements.

Cholamandalam Investment and Finance Company has been in existence since 1978. The company provides various home loan products for its customers including women at concessional rates of interest.

Cholamandalam Investment and Finance Company (Chola Finance) provides home loans ranging between 10% to 12% annually depending on various parameters like borrower’s credit score, repayment capability, loan amount and loan tenure.

Yes, keeping up with the reduction in home loan rates by top lenders, South Indian Bank also has lowered its home loan rate. Established during the Swadeshi movement, the South Indian Bank is one of the top banks in South India, especially in the state of Kerala. The changing market dynamics have led the South Indian Bank to reduce its home loan rates.

South Indian Bank home loan rates vary as per the loan amount sought by borrowers. For home loans of up to Rs. 25 lakhs, South Indian bank provides a home loan interest rate starting at 6.50%.