Compare Bank Rates

Compare home loan rates from 15+ major banks in India

Loan Details

₹50,00,000
10000050000000
20 years
1 years30 years
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Save up to ₹13,99,800 by choosing the best rate

Difference between best and worst rates over 20 years

Bank Comparison (15 banks)

RankBank NameInterest RateMonthly EMITotal InterestProcessing FeeTotal Costvs Best
1from 7.15%up to 10%₹39,216₹44,11,840₹10,000₹94,21,840-
2from 7.2%up to 8.95%₹39,367₹44,48,080₹15,000₹94,63,080+₹41,240
3from 7.25%₹39,519₹44,84,560₹10,000₹94,94,560+₹72,720
4from 7.4%up to 10%₹39,974₹45,93,760₹10,000₹96,03,760+₹1,81,920
5from 7.5%₹40,280₹46,67,200₹10,000₹96,77,200+₹2,55,360
6from 7.6%₹40,586₹47,40,640₹30,000₹97,70,640+₹3,48,800
7from 7.75%up to 13.2%₹41,047₹48,51,280₹15,000₹98,66,280+₹4,44,440
8from 8.35%₹42,918₹53,00,320₹25,000₹1,03,25,320+₹9,03,480
9from 8.35%₹42,918₹53,00,320₹10,000₹1,03,10,320+₹8,88,480
10from 8.41%₹43,107₹53,45,680₹15,000₹1,03,60,680+₹9,38,840
11from 8.5%up to 9.65%₹43,391₹54,13,840₹10,000₹1,04,23,840+₹10,02,000
12from 8.5%₹43,391₹54,13,840₹25,000₹1,04,38,840+₹10,17,000
13from 8.75%₹44,186₹56,04,640₹15,000₹1,06,19,640+₹11,97,800
14from 8.85%₹44,505₹56,81,200₹25,000₹1,07,06,200+₹12,84,360
15from 9%₹44,986₹57,96,640₹25,000₹1,08,21,640+₹13,99,800

Rate Comparison Impact

Why Rate Comparison Matters

Choosing the best rate saves you ₹13,99,800 over 20 years!

Best rate: Canara Bank at 7.15% with EMI of ₹39,216

Worst rate: YES Bank at 9% with EMI of ₹44,986

  • Rate difference: 1.85%
  • Monthly EMI difference: ₹5,770
  • Total interest difference: ₹13,84,800

Even a 0.5% rate difference can save you lakhs over the loan tenure!

Understanding Bank Rates

About These Rates

  • Rates are indicative and subject to change
  • Actual rates may vary based on your profile
  • Rates depend on credit score and loan amount
  • Always verify current rates with the bank

Factors Affecting Your Rate

  • Credit score (750+ gets better rates)
  • Loan-to-value ratio
  • Employment type and income
  • Existing relationship with the bank

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