According to The Hindu BusinessLine, home loan interest rates across banks and housing finance companies show a wide range of options for borrowers. Floating rates range from as low as 7.05% to as high as 13.20%, with most major banks offering rates between 7.25% to 9.10% for loans under ₹30 lakh. The data compiled by BankBazaar.com as of April 17, 2026, reveals significant variations across different financial institutions.
As reported by The Hindu BusinessLine, State Bank of India offers floating rates of 7.25% to 8.45% for loans under ₹30 lakh, while HDFC Bank provides rates ranging from 7.75% to 13.20%. ICICI Bank maintains rates above 7.45% for the same loan category. Among public sector banks, Punjab National Bank offers 7.25% to 9.15% for loans under ₹30 lakh, and Bank of India provides rates between 7.10% to 10% for the same loan amount.
According to The Hindu BusinessLine, LIC Housing Finance Ltd offers floating rates of 7.15% to 9.65% for loans under ₹30 lakh, while PNB Housing provides rates ranging from 7.75% to 10.05% for the same loan category. Bajaj Finserv offers competitive rates of 7.15% to 20% for loans under ₹30 lakh. Sundaram Home Finance Ltd provides the highest floating rates at 10.65% and above for loans under ₹30 lakh.
As reported by The Hindu BusinessLine, Axis Bank offers fixed rates of 14.00% across all loan categories, while Bank of Baroda provides fixed rates ranging from 8.90% to 9.95% for loans under ₹30 lakh. ICICI Bank offers fixed rates between 8.65% to 11.80% for the same loan amount. LIC Housing Finance Ltd provides fixed rates of 10% to 10.25% for loans under ₹30 lakh, with some banks offering fixed rates only for specific tenures before reverting to prevailing floating rates.
