Home Loan Interest Rates 2026 — SBI, HDFC, ICICI & More Compared

Compare home loan interest rates, processing fees, LTV and eligibility from 8 lenders including SBI, HDFC, ICICI, Bank of Baroda and LIC Housing Finance.

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Disclaimer: Interest rates, loan amounts, processing fees, and approval are subject to the respective bank's/lender's policies, eligibility criteria, and credit assessment. The information shown is indicative and may vary.

SBI Home Loan

SBI Home Loan Home Loan

Interest Rate8.40% - 9.65%

Loan AmountUp to ₹10 Crore

TenureUp to 30 years

Processing Fee0.35% (Min ₹2,000, Max ₹10,000)

LTV (Loan-to-Value)Up to 90% (for loans up to ₹30L)

EligibilitySalary >₹25k/month, Age 18-70

✓ No pre-payment penalty on floating rate✓ Special rates for women borrowers (0.05% concession)✓ Balance transfer facility available✓ Pradhan Mantri Awas Yojana (PMAY) subsidy eligible✓ Doorstep service for documentation

India's largest home loan provider with the most competitive rates starting at just 8.40%. A special 0.05% concession for women borrowers and PMAY subsidy eligibility make it the go-to choice for first-time home buyers. No pre-payment penalty on floating rate and doorstep documentation service add real convenience.

HDFC Home Loan

HDFC Home Loan Home Loan

Interest Rate8.35% - 9.50%

Loan AmountUp to ₹10 Crore

TenureUp to 30 years

Processing Fee0.50% or ₹3,000 (whichever is higher)

LTV (Loan-to-Value)Up to 90% (for loans up to ₹30L)

EligibilitySalary >₹10k/month, Age 21-65

✓ Approved project financing for faster disbursal✓ Flexible EMI options — step-up & step-down✓ Top-up loan available on existing home loan✓ Online account management & EMI tracking✓ Special rates for HDFC Bank salary account holders

HDFC (now merged with HDFC Bank) remains the most trusted name in Indian home loans with rates starting at 8.35%. Approved project financing ensures faster disbursal, and flexible step-up and step-down EMI options help manage your cash flow over the long tenure. Special rates for HDFC salary account holders can bring the effective rate down even further.

ICICI Home Loan

ICICI Home Loan Home Loan

Interest Rate8.40% - 9.75%

Loan AmountUp to ₹5 Crore

TenureUp to 30 years

Processing Fee0.50% - 1.00% + GST

LTV (Loan-to-Value)Up to 85%

EligibilitySalary >₹25k/month, Age 23-60

✓ Instant in-principle approval online✓ Balance transfer with top-up at lower rates✓ Part-prepayment allowed without penalty✓ Special rates for women co-applicants✓ Quick processing within 72 hours for salaried

ICICI offers instant in-principle approval online, giving you quick clarity on your eligibility before you start house hunting. Balance transfer with top-up at lower rates is a strong option if you are currently paying a higher rate at another bank. Quick 72-hour processing for salaried applicants and special rates for women co-applicants add significant value.

Axis Bank Home Loan

Axis Bank Home Loan Home Loan

Interest Rate8.50% - 9.85%

Loan AmountUp to ₹5 Crore

TenureUp to 30 years

Processing FeeUp to 1.00% + GST

LTV (Loan-to-Value)Up to 90% (for loans up to ₹30L)

EligibilitySalary >₹25k/month, Age 21-60

✓ No pre-closure or part-prepayment charges on floating rate✓ Doorstep document collection service✓ Shubh Aarambh scheme for first-time buyers (lower rates)✓ Property search assistance in select cities✓ Quick disbursal within 48 hours for pre-approved

Axis's Shubh Aarambh scheme offers specifically lower rates for first-time home buyers entering the property market. No pre-closure or part-prepayment charges on floating rate loans give you complete flexibility to reduce your burden. Property search assistance in select cities is a unique, helpful service not many banks provide.

Kotak Mahindra Home Loan

Kotak Mahindra Home Loan Home Loan

Interest Rate8.65% - 9.90%

Loan AmountUp to ₹5 Crore

TenureUp to 25 years

Processing Fee0.50% + GST

LTV (Loan-to-Value)Up to 85%

EligibilitySalary >₹25k/month, Age 21-60

✓ Digital application process — fully paperless✓ Instant eligibility check online✓ Balance transfer facility with top-up✓ No hidden charges or pre-payment penalty✓ Special rates for Kotak salary account customers

Kotak's fully paperless digital application process makes it the most convenient option for tech-savvy borrowers today. Instant eligibility check online saves you from unnecessary branch visits and paperwork. No hidden charges and a transparent fee structure build trust, especially important for first-time home buyers.

Bank of Baroda Home Loan

Bank of Baroda Home Loan Home Loan

Interest Rate8.30% - 10.25%

Loan AmountUp to ₹10 Crore

TenureUp to 30 years

Processing Fee₹8,500 (inclusive of GST)

LTV (Loan-to-Value)Up to 90% (for loans up to ₹30L)

EligibilitySalary >₹20k/month, Age 21-65

✓ One of the lowest base interest rates in India✓ No processing fee for balance transfer✓ Government employee special scheme available✓ PMAY subsidy linkage for eligible borrowers✓ Flexible repayment options including step-up EMI

BoB offers one of the lowest base interest rates in the entire Indian market starting at just 8.30%. No processing fee for balance transfers makes it the top choice for refinancing your existing home loan from another bank. Government employee special schemes and PMAY linkage are strong advantages for eligible borrowers.

PNB Housing Finance

PNB Housing Finance Home Loan

Interest Rate8.50% - 11.00%

Loan AmountUp to ₹5 Crore

TenureUp to 30 years

Processing FeeUp to 0.50% + GST

LTV (Loan-to-Value)Up to 90% (for loans up to ₹30L)

EligibilitySalary >₹15k/month, Age 21-60

✓ Special rates for self-employed via bank statement program✓ Loans for under-construction & ready properties✓ Top-up loan up to ₹50 Lakh✓ Loans available without ITR for certain categories✓ Quick processing for pre-approved builder projects

PNB Housing stands out for self-employed borrowers with its bank statement program that does not require ITR filing. Loans for both under-construction and ready-to-move properties with a top-up facility up to ₹50 Lakh add flexibility. Quick processing for pre-approved builder projects significantly speeds up the disbursal timeline.

LIC Housing Finance

LIC Housing Finance Home Loan

Interest Rate8.35% - 10.50%

Loan AmountUp to ₹10 Crore

TenureUp to 30 years

Processing Fee₹10,000 - ₹15,000 + GST

LTV (Loan-to-Value)Up to 90% (for loans up to ₹30L)

EligibilitySalary >₹20k/month, Age 21-65

✓ Backed by LIC — India's most trusted insurance brand✓ Lowest EMI options with extended tenure✓ Griha Prakash scheme for plots + construction✓ Part-prepayment up to 25% of principal per year without charges✓ Preferential rates for LIC policy holders

Backed by LIC's unmatched brand trust in India, this lender offers the longest tenures with the lowest possible EMIs. The Griha Prakash scheme for plots plus construction is uniquely designed for those building their own home from scratch. Preferential rates for LIC policy holders and part-prepayment up to 25% of principal per year without charges make it very flexible.

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