Lender rates

Home loan rate board

Rates as of September 2026This dated board lists starting home and other loan rates from the lenders in the current dataset. Use it to shortlist questions, then confirm current offers, fees, and eligibility with the lender.Dated rate-board information covering 97+ lender × product combinations across 9 loan types. Figures can change and should be checked against current lender documents.

Reviewed by Jay Patel· Last reviewed: 24 Sept 2026

Jay Patel

Co-Founder & Chief Loan Advisor

Lowest listed home-loan rate: 7.10%
Lenders listed: 21
Rate rows reviewed: 97

Lender rate matrix

Filter by product, search lenders, and sort columns. 9 loan types, 97+ dated/indicative rows; verify current terms before applying.

Showing 21 of 21 home rates

	Type			Processing fee
Bank of IndiaLowest	Public	7.10	10.25	0.25% (max Rs 20,000)	5	30
Bank of Maharashtra	Public	7.10	9.90	0.25%	3	30
Canara Bank	Public	7.15	10.00	0.50% (min ₹1,500, max ₹10,000) + GST	5	30
Union Bank	Public	7.15	9.60	0.50% (max ₹15,000)	5	30
LIC Housing Finance	NBFC	7.15	10.15	0.50% (max ₹10,000)	5	30
Bank of Baroda	Public	7.20	9.25	0.25% (min ₹1,500, max ₹7,500)	10	30
State Bank of India	Public	7.25	8.45	0.35% (min ₹2,000, max ₹10,000)	10	30
Punjab National Bank	Public	7.25	9.20	0.35% (min ₹2,500, max ₹15,000)	8	30
Bajaj Housing Finance	NBFC	7.25	9.50	Up to 0.50% (negotiable for premium customers)	5	30
Bandhan Bank	Private	7.40	12.20	0.50% (max ₹10,000)	3	25
Tata Capital	NBFC	7.50	9.50	Up to 0.50%	5	30
ICICI Bank	Private	7.55	9.80	0.50% + taxes	10	30
Kotak Mahindra Bank	Private	7.60	9.40	0.50% (max ₹10,000)	5	20
HDFC Bank	Private	7.75	13.20	0.50% or ₹3,000 (whichever is higher)	10	30
L&T Finance	NBFC	7.75	10.25	0.5%	5	30
Axis Bank	Private	8.20	9.15	Up to 1% or ₹10,000 (whichever is higher) + GST	5	30
Federal Bank	Private	8.40	9.45	0.50% (max ₹7,500)	5	30
IndusInd Bank	Private	8.60	10.55	0.5%	5	30
IDFC First Bank	Private	8.85	10.25	Up to 3% + GST	5	30
Yes Bank	Private	9.00	13.75	0.5%	5	30
RBL Bank	Private	9.00	11.55	1%	3	30

Bank of India

PublicLowest

7.10%

up to 10.25%

Processing: 0.25% (max Rs 20,000)
Max tenure: 30 yr
Max loan: 5 Cr

Bank of Maharashtra

Public

7.10%

up to 9.90%

Processing: 0.25%
Max tenure: 30 yr
Max loan: 3 Cr

Canara Bank

Public

7.15%

up to 10.00%

Processing: 0.50% (min ₹1,500, max ₹10,000) + GST
Max tenure: 30 yr
Max loan: 5 Cr

Union Bank

Public

7.15%

up to 9.60%

Processing: 0.50% (max ₹15,000)
Max tenure: 30 yr
Max loan: 5 Cr

LIC Housing Finance

NBFC

7.15%

up to 10.15%

Processing: 0.50% (max ₹10,000)
Max tenure: 30 yr
Max loan: 5 Cr

Bank of Baroda

Public

7.20%

up to 9.25%

Processing: 0.25% (min ₹1,500, max ₹7,500)
Max tenure: 30 yr
Max loan: 10 Cr

State Bank of India

Public

7.25%

up to 8.45%

Processing: 0.35% (min ₹2,000, max ₹10,000)
Max tenure: 30 yr
Max loan: 10 Cr

Punjab National Bank

Public

7.25%

up to 9.20%

Processing: 0.35% (min ₹2,500, max ₹15,000)
Max tenure: 30 yr
Max loan: 8 Cr

Bajaj Housing Finance

NBFC

7.25%

up to 9.50%

Processing: Up to 0.50% (negotiable for premium customers)
Max tenure: 30 yr
Max loan: 5 Cr

Bandhan Bank

Private

7.40%

up to 12.20%

Processing: 0.50% (max ₹10,000)
Max tenure: 25 yr
Max loan: 3 Cr

Tata Capital

NBFC

7.50%

up to 9.50%

Processing: Up to 0.50%
Max tenure: 30 yr
Max loan: 5 Cr

ICICI Bank

Private

7.55%

up to 9.80%

Processing: 0.50% + taxes
Max tenure: 30 yr
Max loan: 10 Cr

Kotak Mahindra Bank

Private

7.60%

up to 9.40%

Processing: 0.50% (max ₹10,000)
Max tenure: 20 yr
Max loan: 5 Cr

HDFC Bank

Private

7.75%

up to 13.20%

Processing: 0.50% or ₹3,000 (whichever is higher)
Max tenure: 30 yr
Max loan: 10 Cr

L&T Finance

NBFC

7.75%

up to 10.25%

Processing: 0.5%
Max tenure: 30 yr
Max loan: 5 Cr

Axis Bank

Private

8.20%

up to 9.15%

Processing: Up to 1% or ₹10,000 (whichever is higher) + GST
Max tenure: 30 yr
Max loan: 5 Cr

Federal Bank

Private

8.40%

up to 9.45%

Processing: 0.50% (max ₹7,500)
Max tenure: 30 yr
Max loan: 5 Cr

IndusInd Bank

Private

8.60%

up to 10.55%

Processing: 0.5%
Max tenure: 30 yr
Max loan: 5 Cr

IDFC First Bank

Private

8.85%

up to 10.25%

Processing: Up to 3% + GST
Max tenure: 30 yr
Max loan: 5 Cr

Yes Bank

Private

9.00%

up to 13.75%

Processing: 0.5%
Max tenure: 30 yr
Max loan: 5 Cr

RBL Bank

Private

9.00%

up to 11.55%

Processing: 1%
Max tenure: 30 yr
Max loan: 3 Cr

Home loan · September 2026

Lowest starting rates

The four lowest published home-loan starting rates in our lender table.

Starting rates across 21 listed lenders differ by up to 1.90 pp.

This week's observations

Home-loan starting rates now begin at 7.10–7.15%.

Bank of India and Bank of Maharashtra list 7.10%, and Canara Bank, Union Bank of India and LIC Housing Finance list 7.15%. Bank of Baroda starts at 7.20%, and SBI, PNB and Bajaj Housing Finance at 7.25%.

Public-sector banks start below the large private banks.

The public-sector banks in the table start at 7.10–7.25%. ICICI Bank (7.55%), Kotak (7.60%) and HDFC Bank (7.75%) start 0.30–0.65 percentage points higher, and Axis Bank (8.20%), Federal Bank (8.40%) and IDFC FIRST Bank (8.85%) start higher again.

Most starting rates are about one percentage point lower than in March 2026.

SBI moved from 8.25% to 7.25%, and Canara Bank, Union Bank and LIC Housing Finance from 8.30% to 7.15%. Axis Bank moved 0.20 points lower, IDFC FIRST Bank moved 0.35 points higher, and Federal Bank's row was not re-checked this month.

Most lenders price a balance transfer at their home-loan rate.

In this table, every lender's balance-transfer starting rate equals its home-loan starting rate. Before switching, compare the new lender's fees, your current lender's foreclosure terms and the tenure you have left.

The RBI repo rate has been 5.25% since December 2025.

Most floating home loans are linked to it, but each lender adds its own spread and a risk premium, which is why starting rates differ by lender.

How to read this board

What does the starting rate mean?

Where do home-loan starting rates begin this month?

Is a balance-transfer rate different from a home-loan rate?

How does the repo rate affect these rates?

Are processing fees included?

What does max tenure mean?

When does this board refresh?

Previous rate boards

2026-04-19March 2026 rates

Rates are indicative and subject to borrower eligibility. A rate quoted on this page is not an offer until a bank issues a sanction letter.

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