Home Loans India

Rate of Interest on Loans

Housing Loan products


Sr. No.

Product Name

Interest Type
Interest Rate
Salaried and Professionals
Self-Employed non-professional
1.
Individual Housing Loan Floating Rate 9.50% to 11.75% 10.00% to 12.50%
2.
Affordable Housing Loan Floating Rate 9.50% to 11.75% 10.00% to 12.50%*
3.
Credit Linked subsidy scheme Floating Rate 9.50% to 11.75% 10.00% to 12.50%
4.
Composite Housing Loan
 
a) Sites situated in layouts developed by Govt. Dev. Agencies Floating Rate 9.75% to 12.00% 10.25% to 12.75%
b) Sites situated in approved private layouts. Floating Rate 10.50% to 12.75% 11.00% to 13.50%
5.
Individual Housing loan - Super Interest rate is fixed for 3 years 11.00% to 13.50% 11.50% to 14.25%
6.
Commercial Housing loan
 
a) Up to 4 units Floating Rate 10.00% to 14.00% 10.50% to 14.75%
b) Above 5 Units Floating Rate 11.00% to 15.00% 11.50% to 15.75%
7.
IHL- Cash Salary Floating Rate 11.00% to 13.25% Not applicable
8.
special Urban Housing refinance Scheme (Direct) Floating Rate 11.75%
9.
Special Urban Housing Refinance Scheme Indirect) Floating Rate 12.75%

* 8.40% Fixed for 7 years from the date of receipt of refinance from NHB.

Non-Housing Loan products

Sr. No.

Product Name

Interest Type
Interest Rate
Salaried and Professionals
Self-Employed non-professional
1.
Site Loan
 
a) Sites situated in layouts developed by Govt. Dev. Agencies Floating Rate 10.75% to 13.00% 11.25% to 13.75%
b) Sites situated in approved private layouts. Floating Rate 12.25% to 14.50% 12.75% to 15.25%
2.
Mortgage Loan Floating Rate 12.50% to 13.50% 13.00% to 14.00%
3.
Flexi Loan Floating Rate 12.50% to 13.50% 13.00% to 14.00%
4.
Loan against commercial properties Floating Rate 12.75% to 13.75% 13.25% to 14.25%
5.
Personal Loans Floating Rate 11.75% to 12.75% 12.25% to 13.25%
6.
Builder Loan Floating Rate 13.25% to 14.25%
7.
Line on credit Floating Rate 12.50%
8.
Loan Against rent receivable Floating Rate 11.50% to 12.50%
9.
CFHL Nishchint loan for pensioners Floating Rate 10.75%

Deposits

Fixed Deposits:

Period of deposits (In months)
Deposits upto Rs.1 cr
Bulk deposits >Rs.1 cr
General Public
Senior Citizen
12
7.50%
8.00%
7.60%
13-36
7.60%
8.10%
7.65%
37-60
7.60%
8.10%
7.65%

Cumulative Deposits:

Period of deposits (In months)
Deposits upto Rs.1 cr
Bulk deposits >Rs.1 cr
General Public
Senior Citizen
12
7.50%
8.00%
7.60%
13-36
7.60%
8.10%
7.65%
37-60
7.60%
8.10%
7.65%