Loading bank rates...
Banks quote a range - the starting rate applies to the best profiles (high CIBIL, salaried, strong income), and the upper end to weaker profiles. Home loan rates are repo-linked floating (they move with RBI's repo rate), personal and car loans are usually fixed for the tenure. The processing fee + 18% GST is a one-time cost that belongs in your total-cost calculation - a low rate with a fat fee is not always cheapest.
Which bank has the lowest home loan rate right now?
Among major lenders, SBI (from 8.50%) and PNB (from 8.55%) usually lead, followed by ICICI and Bank of Baroda (from 8.60%). The leader changes with repo-rate moves and festive offers - check this page's live grid for the current cheapest.
Why do banks show a rate range instead of one rate?
Your final rate depends on CIBIL score, income, employer category, loan amount and relationship with the bank. The "from" rate is for the best profiles; most borrowers land 0.2-0.75% higher.
Are home loan rates fixed or floating?
Most Indian home loans are floating and repo-linked, with zero foreclosure charges. Fixed-rate home loans exist but start higher and rarely beat floating over 15-20 years. Personal and car loans are typically fixed.
Do NBFCs like Bajaj or Tata Capital offer better rates than banks?
Rarely on headline rate - NBFCs usually start higher but approve faster and lend to profiles banks reject. Their processing fees are also higher (Bajaj up to ~4%). Compare total cost, not just the rate.
Rates are indicative starting rates for salaried applicants, compiled from official lender pages and major aggregators. They change frequently without notice - always verify on the official lender website before applying. This page is not financial advice.