Why do banks show a range of rates?

Banks price each loan by risk. A high credit score and steady income earn a lower rate within the range.

Are these rates fixed?

Most are floating rates linked to an external benchmark, so they can rise or fall during the loan.

How often do rates change?

Floating rates move when the benchmark changes, often after RBI policy meetings. Check the lender's site before you apply.

Home loan interest rates today

This table lists the starting and top home loan rates of ten large banks and housing finance companies, sorted by the lowest starting rate. The starting rate is what the lender advertises for its best borrowers. Your own rate can be higher. It depends on your credit score, income, loan size and whether you are salaried or self-employed. Most home loans today are floating rate. The rate follows a benchmark such as the RBI repo rate and can change during the loan. Treat every figure here as indicative and confirm it with the lender before you apply. Each row links to the source we used. Tap a bank to see its EMI table, or read our guide on fixed and floating rates. Small gaps add up: on a ₹50 lakh loan over 20 years, 8.5% instead of 9% saves about ₹3.8 lakh in interest.

Read: fixed vs floating home loan

Home loan interest rates by lender
Lender	Rate from	Rate up to	Processing fee	Max tenure	Source
LIC Housing Finance	7.15%	10.1%	0.25% of loan up to Rs 1 crore, max Rs 15,000 + GST	30 years	Source
Canara Bank	7.15%	10%	0.50% of loan + GST, min Rs 1,500, max Rs 10,000 (Paisabazaar lists nil)	30 years	Source
Bank of Baroda	7.2%	8.95%	Min Rs 8,500, max Rs 25,000 (percentage not stated)	30 years	Source
SBI	7.25%	8.55%	0.35% of loan + GST, min Rs 2,000, max Rs 10,000	30 years	Source
Bajaj Housing Finance	7.25%	Not published	Not published	32 years	Source
PNB	7.5%	9.35%	0.35% of loan, min Rs 2,500, max Rs 15,000	30 years	Source
Kotak	7.6%	Not published	Up to 2% of principal + GST (nil for online applications)	30 years	Source
HDFC Bank	7.75%	13.2%	Up to 0.50% of loan + taxes, min about Rs 3,000-4,000	30 years	Source
Axis Bank	8%	9.1%	Up to 1% of loan + taxes, min Rs 10,000	30 years	Source
ICICI Bank	8.5%	9.65%	0.50% of loan + taxes	30 years	Source

Indicative. Latest data collected on 2026-10-26.

Common questions

Why do banks show a range of rates?: Banks price each loan by risk. A high credit score and steady income earn a lower rate within the range.
Are these rates fixed?: Most are floating rates linked to an external benchmark, so they can rise or fall during the loan.
How often do rates change?: Floating rates move when the benchmark changes, often after RBI policy meetings. Check the lender's site before you apply.