Banks charging lowest rate of interest on home, housing loans

Banks Charging Lowest Rate of Interest on Home Loans / Housing Loans

COMPARISON OF HOME LOAN / HOUSING LOAN INTEREST RATES BY INDIAN BANKS - 2011

(Check Lowest Rate of Interest charged by Banks in India / Minimum Rate of Interest charged by Indian Banks. Best Home Loan Interest)

Which Banks Charges the Lowest Interest on Home Loans / Housing Loans in 2011 ? Best Rate of Interest on Housing Loans in India ? Comparative Housing Loan Interest Rates. Latest Home Loan Interest by Banks in India

Different banks charge different interest rates for Housing / Home Loans. The rate of interest also vary based on (a) the quantum of the loan; (b) period for which loan is intended to be availed etc.

Therefore, it is not possible to give a chart which can provide the details of the lowest rate of interest charged by banks for all categories.

Moreover, these rates are frequently changed by banks and that too without informing media. Sometimes the details are not updated on the website. Therefore, we are giving below a broad idea as to the banks which are charging lowest rate of interest in a particular category. Readers are advised to check the same by clicking on the link of relevant bank from where they intend to avail the loan, for updated information:-

Name of the Bank	ROI (% p.a.) - Floating	Duration of Home Loan	Rate Applicable for Loan Amounts
State Bank of India	10.75%	All Tenures	Upto Rs 30 lacs (Under special scheme concession of 0.25% available upto 30/9/2012)
Central Bank of India	10.50%	All Tenures	Upto Rs 30 lacs.
United Bank of India	10.70%	All Tenures	Upto Rs 25 lacs
Coporation Bank	10.50%	Upto 10 years	Upto Rs 25 lacs

(Last updated on 5/8/2012)

The above chart only gives a rough idea as to which banks are charging the lowest rate of interest at present on fresh Housing Loans / Home Loans. The above banks may not be offering the best rate of interest on housing loans in other tenures / periods.

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DIRECT LINKS FOR HOUSING LOAN / HOME LOANS FOR DIFFERENT BANKS (links to be provided soon)

S.No.	Name of the Bank
1	Allahabad Bank
2	Andhra Bank
3	Axis Bank
4	Bank of Baroda
5	Bank of India
6	Bank of Maharashtra
7	Canara Bank
8	Catholic Syrian Bank
9	Central Bank of India
10	City Union Bank
11	Dena Bank
12	Federal Bank
13	HDFC Bank
14	ICICI Bank
15	IDBI Bank
16	Indian Bank
17	Indian Overseas Bank
18	Indus Ind Bank
19	J&K Bank
20	Karnataka Bank
21	Karur Vysya Bank
22	Kotak Bank
23	Lakshmi Vilas Bank
24	Punjab National Bank
25	Punjab and Sind Bank
26	South Indian Bank
27	State Bank of Hyderabad
28	State Bank of India
29	State Bank of Patiala
30	State Bank of Travancore
31	Syndicate Bank
32	The Ratnakar Bank
33	UCO Bank
34	Union Bank of India
35	Vijaya Bank

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