| Name of Lender | Interest rate (%) |
EMI (Rs) Loan amount-5 lakh Tenure-5 years |
Processing fee (% of loan amount) |
| Union Bank of India | 8.75 - 10.50 | 10,319 - 10,747 | Flat Rs 1,000 |
| Punjab National Bank | 8.75 - 9.60 | 10,319 - 10,525 | 0.25% (Rs. 1,000 - Rs. 1,500) |
| Bank of Baroda | 8.85 - 12.20 | 10,343 - 11,173 | 0.50% (Rs 2,500 - Rs 10,000) |
| Canara Bank | 8.80 - 11.95 | 10,331 - 11,110 | 0.25% (Rs 1,000 - Rs 5,000), 50% waiver on processing fee |
| Bank of India | 8.85 - 10.75 | 10,343 - 10,809 | 0.25% (Rs. 1,000 - Rs. 5,000) |
| UCO Bank | 8.70 - 10.55 | 10,307 - 10,759 | 1% (Up to Rs 1,500) |
| State Bank of India | 8.60 - 9.65 | 10,282 - 10,538 | Up to 0.25% (Rs 375 - Rs 7,500) |
| IDBI Bank | 8.75 - 9.90 | 10,319 - 10,599 | Rs 2,500 |
| Bank of Maharashtra* | 8.90 - 13.00 | 10,355 - 11,377 | 0.25% (Rs 1,000 - Rs 15,000) |
| Indian Overseas Bank** | 8.85 onwards | 10,343 onwards | NIL |
| ICICI Bank | 8.85 onwards | 10,343 onwards | Rs 999 - Rs 8,500 |
| HDFC Bank | 8.85 onwards | 10,343 onwards | 0.50% (Rs 3,500 - Rs 8,000) |
| Karnataka Bank | 9.37 - 11.79 | 10,469 - 11,069 | 0.60% (Rs 3,000 - Rs 11,000) |
| Federal Bank | 11 | 10871 | Rs 2,000 - Rs 4,500 |
| Punjab and Sind Bank | 9.00-10.10 | 10,379 - 10,648 | 0.25% (Rs. 1,000 - Rs. 15,000)*** |
| South Indian Bank | 11.65 - 13.10 | 11,034 - 11,402 | 1% (Max: Rs 10,000) |
| Central Bank of India | 9.25-10.15 | 10,440 - 10,660 | 0.50% (Rs 2,000 - Rs 10,000) |
| City Union Bank | 14.25 - 14.75 | 11,699 - 11,829 | 1.25% (Min: Rs 1,000) |
*0.25% interest rate concession for existing housing loan borrowers and corporate salary account holders.
**0.50% interest rate concession to borrowers with credit scores of 750 and above. Interest rate concession of 0.20% to borrowers for financing Electric 4 Wheelers. 0.20% concession to existing Housing Loan Borrowers.
**0.50% interest rate concession to borrowers with credit scores of 750 and above. Interest rate concession of 0.20% to borrowers for financing Electric 4 Wheelers. 0.20% concession to existing Housing Loan Borrowers.
***Concession of up to 50% on processing fee for PSB Apna Vahan Sugam.
Rates and charges as of 16th May 2023
Source: Paisabazaar.com
