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Friday, June 7, 2013

Home Loan Interest Rates in Hyderabad

Friday, June 07, 2013

Having an elegant home is every person’s dream, as it is one of the most important assets which can be possessed. Maximum number of property buyers go for a home loan to buy a property in India. Perhaps, the escalating property prices are one of the major hindrances while buying a home. Not just the property rates hit the customer, but also the higher interest rates. Apart from these interruptions, the property buyers also have to experience various complications while finding out for the best home loan rates. Major banks like the ICICI, SBI, IDBI, Syndicate, HDFC and others provide different packages of home loan interest rates. These rates as on 1 june 2013.

Bank NameFloating Interest rateProcessing FeePrepayment Charges
State Bank Of India9.95%Up to 25 lacs : 0.125% of loan amount minimum Rs.1000/-
25-75 lacs : Rs.3,250/-
75 & above : 5,000/-
Nil
ICICI BankScheme I :10.25% (Fixed 1 yr)
Scheme II : 10.25% (Fixed 2yrs)
Scheme III : 10.50% (Fixed 3yrs)
then 10.25%
0.50% of loan amount upto 1 croreN.A
HDFC Ltd10.15%0.5% or maximum 10,000+service tax (12.36%)No prepayment charges shall be payable for partial or full prepayments irrespective of the source
HSBC Bank10% to 13%1% of the loan amount applied for, subject to a minimum of Rs 10000 plus service tax. This fee is payable on application and is not refundableNil
LIC HousingScheme I : 10.25% (Fixed for 2 yrs)
Scheme II : 10.95%(Fixed for 10 yrs)
Up to 50 lacs : 10,000 +(Service tax)
50 lacs & above : 15,000 +(service tax)
Nil
AXIS Bank10.25% (Upto 25 Lacs), then 10.50%1% of the Loan AmountNil
IDBI10.25%Up to .50%of loan amount
(Rs 2500 to be collected at login and balance at the time of sanction )
If Balance Transfer then 2% Otherwise Nil
PNB Housing Finance10.50%-11.25% (For Salaried/SEP), 11%-11.50% (SENP)0.5%NIL
ING Vysya10.75%0.5% of the loan amountNIL
Standard Chartered9.99% (Upto 25Lacs), then 10.15%-10.25%Rs.7500/- + Service taxNIL
Fedbank10.25%Max charges 5618/- inclusive taxesNIL
Citibank10.50% (Upto 25Lacs), then 10.75%0.25% (for salaried ), 0.50% ( for Self Employed)NIL
Deutsche Bank10.50%12000 + Service TaxNil
DHFL11%1% for Salaried & 1.5% for SENPNIL
India Bulls10.15% (Upto 25Lacs), then 10.75%Up to 30 lacs 5,000+12.36%(Service tax)
30 lacs & above : 15,000+12.36%(Service tax)
NIL
Federal Bank10.48%N.AN.A
Allahabad Bank10.20% (Upto 25Lacs), then 10.45%0.50% of loan amount, Maximum Rs. 10,000/-NIL
Bank of Maharastra10.55% (Upto 25lacs), then 10.75%0.50% (Max. Rs. 50,000/-)Nil
Central Bank of India10.25%0.50% of the loan amount subject to maximum of Rs.20,000/-Nil
Corporation Bank10.25%0.50% of Loan amount (Max.Rs.50,000/-)NIL
Bank of India10.25%0.25% of loan amount. Min.Rs.1,000 and Max. Rs.20,000Nil
Union Bank of India10.25%Processing charges are 0.50% of the loan amount subject to maximum of Rs. 15,000NIL
United Bank of India10.75% (upto 25 lacs) then 10.55%0.50% of the loan amountN.A
UCO Bank10.20%0.5% of the loan amount, minimum Rs.1500/- & maximum Rs. 15000/-NIL
Bank of Baroda11%Loan upto Rs.30 Lacs - 0.50% (Minimum Rs.5,000/-)
Above 30 Lacs - 0.40% (Min. Rs.15,000/- & Max. Rs.50,000/-)
N.A.
Canara Bank10.75%
Oriental Bank of Commerce10.25%0.50% of the loan amount, subject to maximum of Rs. 20000/- plus service taxNIL
Kotak Bank10.75%0.25% - 0.5%2% on Balance transfer else NIL
Dena Bank10.30%N.AN.A
Punjab National Bank10.25%
First Blue Home Finance10.25% (for Salaried / SEP), 10.75% (For Self Employed) (Upto 25Lacs), Then 10.75% (for Salaried / SEP), 11.25% (For Self Employed)Salaried: Up to 30 lacs :7300
30 - 75 lacs : 11800
75 lacs & above : 15,000 + service tax(12.36%)
Nil
Vijaya Bank10.50%0.25% of loan amount. Maximum Rs.10000. Exclusive of Service TaxN.A
Syndicate Bank10.25% ( upto 25 lacs ), then 10.50%upto Rs.25 lacs - 0.25% (Min Rs 1000 - Max Rs 5000)
26 lacs to 75 lacs - 0.55% (Max.Rs.500/-)
above Rs.75 lacs - 0.55% (Max Rs.10000/-)
N.A
Indian Overseas Bank10.25%A flat rate of 0.58% of the loan amount- maximum of Rs. 10,190/- There is no hidden charge. This is subject to change from time to time without prior intimation.N.A
Reliance11.50% - 11.75%0.75% of loan amountNIL
Development Credit Bank11.50%1%Nil
State Bank of Travancore10.25%-10.50%Processing fees stands reduced by50% of normal charges during the campaign periodNIL
Tata capital Housing Finance ltd10.75%0.5 to 1% off the loan amount.N.A
Dhanalakshmi BankScheme I: 11.50% (Fixed for 1 yr), Then 12%
Scheme II: 12%
1% + service taxN.A
Indian Bank10.20%NilNil

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