HOME LOANS - INTEREST RATES (with effect from 01.01.2017)

1 year MCLR: 8%    
Borrowers' category Home Loan (Term Loan) Home Loan (Term Loan) Home Loan (Max Gain)Floating Rate CRE Max gain irrespective of loan amount
2 years Fixed Interest Loans upto Rs. 30 lacs Floating Rate Loans Upto Rs.75 lacs Floating Rate Loans above Rs.75 lacs Maxgain above Rs. 20 lacs & upto Rs. 75 Lacs Loans above Rs.75 lacs

Women*

8.50% for first two years thereafter linked to floating rate.

0.60% above 1 year MCLR, effective rate 8.60% p.a.

0.65% above 1 year MCLR, effective rate 8.65% p.a.

0.75% above 1 year MCLR, effective rate 8.75% p.a.

0.95% above 1 year MCLR, effective rate 8.95% p.a

1.05% above 1 year MCLR, effective rate 9.05% p.a

Others

8.55% for first two years thereafter linked to floating rate.

0.65% above 1 year MCLR, effective rate 8.65% p.a.

0.70% above 1 year MCLR, effective rate 8.70% p.a.

0.80% above 1 year MCLR, effective rate 8.80% p.a.

1% above 1 year MCLR, effective rate 9% p.a.

1.10% above 1 year MCLR, effective rate 9.10% p.a.

  • * Woman should be the sole applicant or one of the co-applicants for Home Loan and also the sole owner or one of the co-owners of the property proposed to be financed by the Bank

  • Loans upto Rs. 30 lacs will be available with both Fixed and Floating Rate option.