Home loan interest rates of all banks
This table shows the home loan rates of 13 banks and housing finance companies. We copied each rate from the rate page of the lender on 27 Oct 2026. Each row has a link to that page. The RBI repo rate is 5.50% from 7 Oct 2026.
Home loan interest rates, Oct 2026
| Lender | Lowest rate | Highest rate | Benchmark now | EMI on ₹50 lakh, 20 years, at the lowest rate | Official page |
|---|---|---|---|---|---|
| LIC Housing Finance | 7.15% | 10.15% | Not published on the rate page | ₹39,216 | Source |
| Indian Bank | 7.35% | 8.80% | RBLR 8.20% from 8 Oct 2026 | ₹39,822 | Source |
| Bank of Baroda | 7.40% | 9.15% | BRLLR 8.15% from 8 Oct 2026 | ₹39,974 | Source |
| Canara Bank | 7.40% | 10.25% | RLLR 8.25% from 9 Oct 2026 | ₹39,974 | Source |
| Union Bank of India | 7.40% | 9.60% | EBLR 8.25% from 8 Oct 2026 | ₹39,974 | Source |
| PNB | 7.45% | 9.35% | RLLR 8.35% from 8 Oct 2026 | ₹40,127 | Source |
| Federal Bank | 7.50% | 9.25% | RBI repo rate 5.50% (from 7 Oct 2026) | ₹40,280 | Source |
| SBI | 7.50% | — | EBLR 8.15% from 15 Oct 2026 | ₹40,280 | Source |
| Kotak Mahindra Bank | 7.60% | — | RBI repo rate 5.50% (from 7 Oct 2026) | ₹40,586 | Source |
| Axis Bank | 8.00% | 9.10% | RBI repo rate 5.50% (from 7 Oct 2026) | ₹41,822 | Source |
| HDFC Bank | 8.00% | 13.45% | RBI repo rate 5.50% (from 7 Oct 2026) | ₹41,822 | Source |
| IndusInd Bank | 8.00% | 15.00% | Not published on the rate page | ₹41,822 | Source |
| ICICI Bank | 8.75% | 10.05% | RBI repo rate 5.50% (from 7 Oct 2026) | ₹44,186 | Source |
Lenders give the lowest rate only to borrowers with the highest credit scores. Some lenders show only a lowest rate. Speak to the lender before you apply. If the table shows the sign —, the rate page does not show a highest rate.
Your rate can be more than the lowest rate
The rate of a repo-linked home loan has two parts. The first part is the benchmark of the lender, for example the EBLR or the RLLR. The benchmark follows the RBI repo rate. The second part is a spread. The lender sets the spread from your credit score, your income and the loan.
Thus, two borrowers at the same bank can pay different rates. To see the effect of your rate, use the home loan EMI calculator or open the page of your bank in the table.
How fast each lender changed its rate
On 7 Oct 2026, the RBI changed the repo rate to 5.50%. Each lender then changed its benchmark on a different date. This table shows the date of the change on the rate page of each lender, and the number of days after the RBI decision.
| Lender | Benchmark | Change | Effective date | Days after RBI | Official page |
|---|---|---|---|---|---|
| Federal Bank | RBI repo rate | 5.25% → 5.50% | Follows the repo rate directly; the reset date is in your loan agreement | Source | |
| Kotak Mahindra Bank | RBI repo rate | 5.25% → 5.50% | Follows the repo rate directly; the reset date is in your loan agreement | Source | |
| Axis Bank | RBI repo rate | 5.25% → 5.50% | Follows the repo rate directly; the reset date is in your loan agreement | Source | |
| HDFC Bank | RBI repo rate | 5.25% → 5.50% | Follows the repo rate directly; the reset date is in your loan agreement | Source | |
| Indian Bank | RBLR | 7.95% → 8.20% | 8 Oct 2026 | 1 day | Source |
| Bank of Baroda | BRLLR | 7.90% → 8.15% | 8 Oct 2026 | 1 day | Source |
| Union Bank of India | EBLR | 8.00% → 8.25% | 8 Oct 2026 | 1 day | Source |
| PNB | RLLR | 8.10% → 8.35% | 8 Oct 2026 | 1 day | Source |
| ICICI Bank | Policy repo rate | 5.25% → 5.50% | 8 Oct 2026 | 1 day | Source |
| Canara Bank | RLLR | 8.00% → 8.25% | 9 Oct 2026 | 2 days | Source |
| SBI | EBLR | 7.90% → 8.15% | 15 Oct 2026 | 8 days | Source |
| LIC Housing Finance | LHPLR (not dated on the page) | The official page shows no dated benchmark | — | ||
| IndusInd Bank | Not named on the rate page | The official page shows no dated benchmark | — | ||
If your loan is repo-linked, your rate changes on the next reset date of your loan, after the change of the benchmark. Your loan agreement gives the reset dates. Refer to when your EMI does not change after an RBI rate cut. To check your loan, use the rate change checker.
You can download this data: rate-history.json.
RBI repo rate decisions
| Date | Repo rate | Source |
|---|---|---|
| 7 Oct 2026 | 5.50% | RBI |
| 5 Dec 2025 | 5.25% | RBI |
| 6 Jun 2025 | 5.50% | RBI |
| 9 Apr 2025 | 6.00% | RBI |
| 7 Feb 2025 | 6.25% | RBI |
| 8 Feb 2023 | 6.50% | RBI |
| 7 Dec 2022 | 6.25% | RBI |
| 30 Sep 2022 | 5.90% | RBI |
| 5 Aug 2022 | 5.40% | RBI |
| 8 Jun 2022 | 4.90% | RBI |
| 4 May 2022 | 4.40% | RBI |
| 22 May 2020 | 4.00% | RBI |
| 27 Mar 2020 | 4.40% | RBI |
| 4 Oct 2019 | 5.15% | RBI |
Frequently asked questions
Which bank has the lowest home loan interest rate?
On 27 Oct 2026, the lowest rate in this table is 7.15% from LIC Housing Finance. Lenders give their lowest rate only to borrowers with the highest credit scores. Your rate can be higher.
How frequently do these rates change on this page?
We examine the rate page of each lender each month, and again after each RBI policy decision. The date at the top of this page shows when we last examined the pages.
How can other websites show different rates?
Some websites copy rates from other websites, or show rates from a previous date. This page uses only the rate page of each lender, and each row has a link to that page.