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Home loan rates stable in August: Public banks at 7.35%, private at 7.70%
Here's a snapshot of home loan interest rates in August 2025, compiled by Paisabazaar.com.
Public-sector banks
-Union Bank of India, Bank of India, Bank of Maharashtra, Central Bank of India: Starting at 7.35 per cent and going up to 10.10 per cent or more, depending on the borrower's credit profile.
-State Bank of India, Punjab National Bank, Canara Bank: Starting at 7.45–7.50 per cent.
-Punjab & Sind Bank: 7.55 per cent onwards.
Some lenders offer concessional rates of 0.05-0.10 percentage points for women borrowers, those opting for linked insurance, or transferring an existing loan.
(Table: Public-sector banks' home loan rates in August 2025)
Name of Lender Loan Amount (Rs)
Upto 30 Lakh Above 30 Lakh & Upto 75 Lakh Above 75 Lakh
PUBLIC SECTOR BANKS
State Bank of India 7.50-8.95 7.50-8.95 7.50-8.95
Bank of Baroda 7.45-9.25 7.45-9.25 7.45-9.50
Union Bank of India* 7.35-10.00 7.35-10.00 7.35-10.00
Punjab National Bank 7.45 onwards 7.45 onwards 7.45 onwards
Bank of India 7.35-10.10 7.35-10.10 7.35-10.35
Canara Bank** 7.50-10.25 7.45-10.25 7.40-10.15
UCO Bank*** 7.40-9.50 7.40-9.50 7.40-9.50
Bank of Maharashtra 7.35-10.15 7.35-10.15 7.35-10.15
Punjab and Sind Bank 7.55-10.75 7.55-10.75 7.55-10.75
Indian Overseas Bank 7.35 onwards 7.35 onwards 7.35 onwards
Indian Bank 7.40-9.40 7.40-9.40 7.40-9.40
Central Bank of India 7.35-9.40 7.35-9.40 7.35-9.40
*Extra interest rate concession of 0.05% to borrowers opting for insurance policy. **Under CRG-Prime, CRG-1 & CRG-2, additional 5 bps concession for takeover/ready to move HL proposals & for salaried employees maintaining salary a/c with the bank. ***Additional concession of 0.05% & 0.10% for women borrowers & takeover loans, respectively.
Private-sector banks
-ICICI Bank: 7.70 per cent onwards.
-HDFC Bank: 7.90 per cent onwards.
-Kotak Mahindra Bank: 7.99 per cent onwards.
-South Indian Bank: 7.75 per cent onwards.
-Axis Bank: 8.35 per cent onwards, going up to 11.90 per cent in some cases.
-Bandhan Bank: 8.41 per cent onwards, with top rates touching 15 per cent.
-CSB Bank: 9.39–11.08 per cent.
Rates vary widely in this segment, with spreads reflecting borrower risk profiles and loan sizes.
(Table: Private-sector banks' home loan rates in August 2025)
Name of Lender Loan Amount (Rs)
Upto 30 Lakh Above 30 Lakh & Upto 75 Lakh Above 75 Lakh
PRIVATE SECTOR BANKS
Kotak Mahindra Bank 7.99 onwards 7.99 onwards 7.99 onwards
ICICI Bank 7.70 onwards 7.70 onwards 7.70 onwards
Axis Bank 8.35-11.90 8.35-11.90 8.35-9.35
HSBC Bank 7.70 onwards 7.70 onwards 7.70 onwards
South Indian Bank 7.75 onwards 7.75 onwards 7.75 onwards
Karur Vysya Bank 7.95-10.90 7.95-10.90 7.95-10.90
Karnataka Bank 8.19-10.74 8.19-10.74 8.19-10.74
Federal Bank 8.75 onwards 8.75 onwards 8.75 onwards
Tamilnad Mercantile Bank 8.15-9.50 8.15-9.50 8.15-9.50
Bandhan Bank 8.41-15.00 8.41-12.58 8.41-12.58
RBL Bank 8.20 onwards 8.20 onwards 8.20 onwards
CSB Bank 9.39-11.08 9.39-11.08 9.39-11.08
HDFC Bank 7.90 onwards 7.90 onwards 7.90 onwards
City Union Bank 8.25-9.50 8.50-10.00 8.75-10.50
Housing finance companies (HFCs)
-Bajaj Housing Finance: 7.35 per cent onwards, the lowest among HFCs.
-LIC Housing Finance, ICICI Home Finance: 7.50 per cent onwards.
-PNB Housing Finance, Aditya Birla Capital, Godrej Housing Finance: 8.25–8.55 per cent.
-SMFG India Home Finance: 10 per cent onwards.
-Sammaan Capital (formerly Indiabulls Housing Finance): 8.75 per cent onwards.
Some HFCs cater to niche segments, which can mean higher starting rates due to credit risk factors.
(Table: Housing finance companies' home loan rates in August 2025)
Name of Lender Loan Amount (Rs)
Upto 30 Lakh Above 30 Lakh & Upto 75 Lakh Above 75 Lakh
HOUSING FINANCE COMPANIES (HFCs)
LIC Housing Finance 7.50 onwards 7.50 onwards 7.50 onwards
Bajaj Housing Finance 7.35 onwards 7.35 onwards 7.35 onwards
Tata Capital 7.75 onwards 7.75 onwards 7.75 onwards
PNB Housing Finance 8.25-11.50 8.25-11.50 8.25-10.85
GIC Housing Finance 8.20 onwards 8.20 onwards 8.20 onwards
SMFG India Home Finance 10.00 onwards 10.00 onwards 10.00 onwards
Sammaan Capital (Formerly Indiabulls Housing Finance) 8.75 onwards 8.75 onwards 8.75 onwards
Aditya Birla Capital 8.25 onwards 8.25 onwards 8.25 onwards
ICICI Home Finance 7.50 onwards 7.50 onwards 7.50 onwards
Godrej Housing Finance 8.55 onwards 8.55 onwards 8.55 onwards
*Extra interest rate concession of 0.05% to borrowers opting for insurance policy. **Under CRG-Prime, CRG-1 & CRG-2, additional 5 bps concession for takeover/ready to move HL proposals & for salaried employees maintaining salary a/c with the bank. ***Additional concession of 0.05% & 0.10% for women borrowers & takeover loans, respectively.
Rates as of 13th August 2025
Source: Paisabazaar.com
Tip for borrowers: Even small differences in interest rates can have a large impact on total repayment. Compare rates, check eligibility for special concessions, and consider switching if your current rate is significantly higher.
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