RatesHome Loan
Floating home-loan rate ranges by lender (as of 2026-07-30). Your quote within the range depends on credit score, loan size and employment profile.
Maintained by lemmatools Editorial Team · Last updated:
Indicative rates. These figures are maintained manually and may lag the banks’ latest revisions — always confirm on the official source or the bank’s website before making a deposit or loan decision.
| Lender | Rate range | Processing fee |
|---|---|---|
| State Bank of India (SBI) | 8.25% – 9.40% | 0.35% (₹2k–₹10k) |
| HDFC Bank | 8.40% – 9.50% | Up to 0.5% |
| ICICI Bank | 8.40% – 9.45% | 0.5%–1% |
| Axis Bank | 8.50% – 9.60% | Up to 1% (min ₹10k) |
| Bank of Baroda | 8.15% – 9.85% | Up to 0.5% |
| Punjab National Bank | 8.20% – 9.60% | 0.35% |
| Kotak Mahindra Bank | 8.55% – 9.30% | 0.5% |
| LIC Housing Finance | 8.35% – 10.10% | Up to 0.5% |
| Canara Bank | 8.30% – 10.05% | 0.5% |
Getting the bottom of the range
Since October 2019, floating retail home loans are benchmarked to an external rate (almost always the RBI repo) plus a spread — the spread is where lenders compete and where you negotiate. The advertised minimum goes to borrowers with credit scores above ~750, salaried income and moderate loan-to-value; everyone else lands higher in the range. A 0.25% difference on a ₹50 lakh, 20-year loan is roughly ₹1.9 lakh of interest, so collecting two competing sanction letters is the best-paid afternoon in personal finance.
Price any quote in the EMI calculator, and if you already hold a loan priced 0.5%+ above this table, run the refinance calculator — existing borrowers can usually reset their spread with their own bank for a nominal fee, no balance transfer needed.