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Home Loan in India

A home loan is the largest financial commitment most Indians ever make. This hub explains how home loans work, current interest rates, tax benefits under Sections 24 and 80C, and the eligibility bar at the country's biggest lenders.

Updated

Rates checked against the lenders' official pages on 28 September 2026. Your actual rate depends on your profile; confirm with the lender before you apply.

Official rate pages: SBI · HDFC Bank · ICICI Bank

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Banks and their rates

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What to expect on rates in 2025

Home-loan rates in India move with the RBI repo rate. As of mid-2025, most public-sector banks offer floating home loans in the 8.35% to 9.00% band. Private banks tend to price 25 to 50 basis points higher. Credit score, loan-to-value ratio, and salary account all move the exact rate you're offered.

Typical loan structure

  • Loan-to-value (LTV)

    Range
    Up to 90% (loans below ₹30 lakh)
  • Tenure

    Range
    Up to 30 years
  • Interest rate

    Range
    8.35% to 10% p.a.
  • Processing fee

    Range
    0.35% to 1% (often waived)

Frequently asked questions

Related pages