Below is the list of Home Loan providers with the monthly EMI one needs to pay on the home loan of Rs. 1 Lakh. The lowest Home loan is provided by SBI and ICICI Bank for all Home Loan tenure.
The best home loans have been highlighted.
[table style=”1″]
Floating Rate EMI | Home Loan Tenure | |||
Home Loan Company | 5 Years | 10 Years | 15 Years | 20 Years |
Axis Bank | 2,174 | 1,378 | 1,137 | 1,032 |
Bank of Baroda | 2,174 | 1,392 | 1,152 | 1,066 |
Bank of Maharashtra | 2,154 | 1,369 | 1,143 | 1,039 |
Canara Bank | 2,162 | 1,378 | 1,152 | 1,049 |
Central Bank of India | 2,162 | 1,363 | 1,121 | 1,015 |
Corporation Bank | 2,207 | 1,415 | 1,178 | 1,077 |
HDFC Limited | 2,162 | 1,363 | 1,121 | 1,015 |
ICICI Bank | 2,149 | 1,349 | 1,105 | 998 |
IDBI Bank | 2,199 | 1,406 | 1,168 | 1,066 |
Indiabulls Housing Finance | 2,174 | 1,378 | 1,137 | 1,032 |
Union Bank of India | 2,187 | 1,406 | 1,168 | 1,084 |
LIC Housing Finance | 2,164 | 1,366 | 1,124 | 1,019 |
Oriental Bank of Commerce | 2,162 | 1,363 | 1,137 | 1,032 |
Punjab National Bank | 2,187 | 1,406 | 1,168 | 1,084 |
SBI | 2,149 | 1,349 | 1,105 | 998 |
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Home loan EMI per Rs. 1 lakh for a loan amount of Rs. 30 lakh
Source: Mint paper;
Data as of March 31, 2012
With the new Financial year, the interest rates might change. It would be updated here once banks publish the same on their websites.