Home / Tools / Home loan rates

Home loan rates today, and your EMI

The lowest published home loan rates at 17 banks and housing finance companies, best first, read from each lender's own rate page on 27 Oct 2026. RBI repo rate 5.50%. Put your loan in the calculator and the table shows your EMI at every lender.

EMI calculator

Read the rate before the brochure

The card rate is the floor, not your rate. Lenders price on credit score, salaried or self-employed income, loan size and loan-to-value, and women borrowers get a small concession at some banks. Ask each lender for a written sanction with the rate, the spread over its benchmark, and the processing fee, then compare the EMI here.

On a builder-linked plan you pay pre-EMI interest on each disbursement until possession. A 36-month wait on a Rs 50 lakh loan can cost several lakh before the first full EMI. The cost-of-carry tool shows the rent side of that wait.

Lowest published rates, best first

Lender	From	Your EMI at that rate	Up to	Lowest rate needs	Processing fee	Check
LIC Housing FinanceHousing finance co.	7.15%	–	10.15%	Salaried, CIBIL 825+, loan up to Rs 5 Cr	Not on the rate page	Lender's rate pagepage undated
Bank of MaharashtraPublic sector bank	7.25%	–	9.90%	Salaried, CIBIL 800+ (self-employed 7.35%)	0.25% + GST	Lender's rate pagepage undated
Indian BankPublic sector bank	7.35%	–	8.80%	Not stated on the page	Rs 1,500 to Rs 5,000 + GST, by loan size	Lender's rate pagepage undated
Bank of IndiaPublic sector bank	7.35%	–	10.25%	CIBIL 840+	Nil to 31 Mar 2027 for CIBIL 725+ (usually 0.35%, max Rs 30,000)	Lender's rate pagepage dated 7 Oct 2026
Bank of BarodaPublic sector bank	7.40%	–	9.15%	By loan size and CIBIL; +0.05% without credit insurance	Min Rs 8,500, max Rs 15,000 (up to Rs 50 lakh) or Rs 25,000, + GST	Lender's rate pagepage dated 8 Oct 2026
Union Bank of IndiaPublic sector bank	7.40%	–	9.60%	CIBIL 825+ (Govt/PSU staff 750+)	Not on the rate page	Lender's rate pagepage dated 8 Oct 2026
Central Bank of IndiaPublic sector bank	7.45%	–	9.00%	Based on credit score	Not on the rate page	Lender's rate pagepage dated 8 Oct 2026
Punjab National BankPublic sector bank	7.45%	–	9.35%	CIBIL 800+, loan above Rs 30 lakh, LTV up to 80%; festive rate to 31 Dec 2026	Waived to 31 Dec 2026 (usually 0.35%, max Rs 15,000)	Lender's rate pagepage dated 1 Oct 2026
Canara BankPublic sector bank	7.45%	–	10.25%	Best credit grade, loan above Rs 1 Cr (up to Rs 50 lakh: 7.55%)	Not on the rate page	Lender's rate pagepage dated 9 Oct 2026
SBIPublic sector bank	7.50%	–	8.80%	By CIBIL score; +0.10% for non-salaried below 825	0.35%, Rs 5,000 to Rs 15,000 + GST (salaried)	Lender's rate pagepage dated 15 Oct 2026
PNB Housing FinanceHousing finance co.	7.50%	–	10.05%	Salaried, score 825+, loan above Rs 1 Cr	Not on the rate page	Lender's rate pagepage undated
Bajaj Housing FinanceHousing finance co.	7.50%	–	10.65%	Salaried (self-employed from 8.05%)	Amount not published	Lender's rate pagepage undated
Kotak Mahindra BankPrivate bank	7.60%	–	–	Salaried and self-employed, 'onwards'	Up to 2% + taxes	Lender's rate pagepage undated
Aditya Birla Housing FinanceHousing finance co.	7.75%	–	–	Salaried or self-employed professional	0.25% onwards + GST	Lender's rate pagepage undated
ICICI BankPrivate bank	7.80%	–	10.05%	Pre-approved digital loans only; standard rate from 8.75%	0.5% + taxes	Lender's rate pagepage dated 8 Oct 2026
Axis BankPrivate bank	8.00%	–	9.10%	CIBIL 751+	Up to 1% or Rs 10,000, whichever is higher, + GST	Lender's rate pagepage undated
HDFC BankPrivate bank	8.00%	–	13.45%	All loans, salaried and self-employed	Up to 0.50% or Rs 4,000, whichever is higher, + taxes (salaried)	Lender's rate pagepage undated

Floating card rates for a resident individual, read on 27 Oct 2026 from each lender's own site; some lenders do not date their rate page. Your sanctioned rate depends on your profile and the lender's policy on the day. IDBI Bank and Tata Capital Housing are left out: their rate pages predate the 7 Oct 2026 repo change. This is general information, not advice or an offer; confirm with the lender before you apply.

Concessions

Indian Bank: EWS, LIG and MIG home loans in urban areas from 7.40%.
Union Bank of India: Women owners pay 0.05% less in the 680 to 749 score bands; PMAY-U 2.0 loans on the same grid.
Central Bank of India: Cent Grih Lakshmi home loan 7.25% to 8.50% (eligibility not stated on the rate page).
Canara Bank: Women borrowers in the best grade: 7.40% above Rs 1 Cr, 7.50% up to Rs 50 lakh.

Questions buyers ask

Home loan ka sabse kam rate kise milta hai?

The lowest card rate on 27 Oct 2026 was 7.15% at LIC Housing Finance (Salaried, CIBIL 825+, loan up to Rs 5 Cr). Lenders price mainly on credit score, then on salaried or self-employed income and loan-to-value. The table shows each lender's condition for its lowest rate.

Repo rate badhne ya ghatne se EMI par kya asar hota hai?

Most bank home loans are linked to an external benchmark, usually the RBI repo rate (5.50% from 7 Oct 2026). When the repo moves, the lender resets your rate at the next reset date; by default the tenure stretches and the EMI stays put, unless you ask for the EMI to change instead.

Bank ya housing finance company: farak kya hai?

Banks price on the repo-linked benchmark and are often cheaper at the lowest band. Housing finance companies price on their own prime lending rate, can be more flexible on income proof and property type, and often charge a little more. Compare the rate you are actually offered, not the card rate.

0.25% ka farak kitna padta hai?

On a Rs 50 lakh loan over 20 years at 7.15%, another 0.25% is Rs 758 a month and Rs 1.82 lakh over the full term. Use the calculator above with your own numbers.

Processing fee aur dusre charges?

Processing fees run from a flat Rs 1,500 at Indian Bank to up to 2% of the loan at Kotak. Several public sector banks cap theirs between Rs 15,000 and Rs 30,000, and PNB and Bank of India have waived theirs for now. Add legal and valuation charges. Floating-rate home loans to individuals carry no prepayment or foreclosure charge under RBI rules.

Get the sheet before you negotiate

One page per project: quoted rate, carpet rate, loading, ticket, possession window, and what we saw on site. Dated. Free.

WhatsApp +91 98710 27648