Loan Against Property ( LAP)
Lender Interest Rates (p.a.)
Bank of India
Bajaj Housing Finance
Bank of Baroda
Bank of Maharashtra
Federal Bank
HDFC Bank Limited
ICICI Bank
IDFC First Bank
Indian Bank
Indiabulls Housing Finance
Kotak Mahindra Bank
L&T Housing Finance
LIC Housing Finance
PNB Housing Finance
State Bank of India
Tata Capital
Union Bank of India
UCO Bank
Processing Fees
Up to 1% of loan amount (Rs
11.25% onwards
5,000 - Rs 50,000)
8.50% - 18.00% Up to 1% of loan amount
Up to 1% (Rs 8,500 upfront - Rs
10.85% - 16.50%
75,000)
10.45% - 11.95% 1% of loan amount
1% of the limit sanctioned with a
12.60% onwards
minimum of Rs. 3,000
Up to 1% of loan amount
9.50% - 11.00%
(minimum Rs 75,000)
10.85% - 12.50% Up to 1% of loan amount
9.00% - 16.50% Up to 3% of loan amount
10.00% - 12.75% 1% of loan amount
9.75% onwards 1% onwards
9.15% onwards Up to 1% of loan amount
9.50% onwards Up to 2% of loan amount
9.50% - 11.55% Up to 1% of loan amount
0.75% of loan amount (Max. Rs
9.25% - 15.00%
1 lakh)
10.60% - 11.30% Flat Rs 10,000
10.10% onwards Up to 1.25% of loan amount
Up to 1% of loan amount (Min.
10.45% - 13.10%
Rs 5,000 & Max. Rs 1 lakh)
0.50% of loan amount (up to Rs
10.85% - 12.00%
2 lakh)
Home Loan (HL)
Above Rs. 30
Above Rs. 75
Name of Lender Up to Rs. 30 Lakh Lakh & Up to Rs.
Lakh
75 Lakh
Bank of Baroda 8.40% – 10.65% 8.40% – 10.65% 8.40% – 10.90%
Punjab National
8.45% – 10.25% 8.40% – 10.15% 8.40% – 10.15%
Bank
Punjab & Sind Bank 8.50% – 10.00% 8.50% – 10.00% 8.50% – 10.00%
SBI 8.40% – 10.15% 8.40% – 10.05% 8.40% – 10.05%
Union Bank of India 8.35% – 10.75% 8.35% – 10.90% 8.35% – 10.90%
Bank of India 8.30% – 10.75% 8.30% – 10.75% 8.30% – 10.75%
UCO Bank 8.45% – 10.30% 8.45% – 10.30% 8.45% – 10.30%

Bank of Maharashtra 8.35% – 11.15% 8.35% – 11.15% 8.35% – 11.15%

Canara Bank 8.50% – 11.25% 8.45% – 11.25% 8.40% – 11.15%

Indian Overseas
8.40% onwards 8.40% onwards 8.40% onwards
Bank
HDFC Bank Ltd. 8.50% onwards 8.50% onwards 8.50% onwards
Kotak Mahindra
8.70% onwards 8.70% onwards 8.70% onwards
Bank
ICICI Bank 8.75% onwards 8.75% onwards 8.75% onwards
Axis Bank 8.75% – 13.30% 8.75% – 13.30% 8.75%- 9.65%
Karur Vysya Bank 9.00% – 11.05% 9.00% – 11.05% 9.00% – 11.05%
South Indian Bank 9.84% – 11.24% 9.84% – 11.04% 9.84% – 11.69%
Karnataka Bank 8.60% – 10.60% 8.60% – 10.60% 8.60% – 10.60%
Federal Bank 8.80% onwards 8.80% onwards 8.80% onwards
Dhanlaxmi Bank 9.35% – 10.50% 9.35% – 10.50% 9.35% – 10.50%
Tamilnad Mercantile
8.60% – 9.95% 8.60% – 9.95% 8.60% – 9.95%
Bank
Bandhan Bank 9.16% – 15.00% 9.16% – 13.33% 9.16% – 13.33%
RBL Bank 8.90% onwards 8.90% onwards 8.90% onwards

LIC Housing Finance 8.35% – 10.35% 8.35% – 10.55% 8.35% – 10.75%

Tata Capital 8.70% onwards 8.70% onwards 8.70% onwards

Bajaj Housing
8.50% onwards 8.50% onwards 8.50% onwards
Finance
 PNB Housing
8.50% – 14.50% 8.50% – 14.50% 8.50% – 11.45%
Finance

Repco Home Finance 9.50% onwards 9.50% onwards 9.50% onwards

GIC Housing Finance 8.80% onwards 8.80% onwards 8.80% onwards

Indiabulls Housing
8.75% onwards 8.75% onwards 8.75% onwards
Finance
Aditya Birla Capital 8.80% – 14.75% 8.80% – 14.75% 8.80% – 14.75%
ICICI Home Finance 9.20% onwards 9.20% onwards 9.20% onwards
Godrej Housing
8.55% onwards 8.55% onwards 8.55% onwards
Finance

L&T Finance Limited 8.60% onwards 8.60% onwards 8.60% onwards

HSBC 8.45% onwards 8.45% onwards 8.45% onwards

Standard Chartered
8.60% onwards 8.60% onwards 8.60% onwards
Bank
Business Loan (BL)
Bank/NBFC/Fintech Interest Rate
Bajaj Finserv 9.75% - 25% p.a.
HDFC Bank 10.75% - 22.50% p.a.
IIFL Finance 12.75% - 44% p.a.
FlexiLoans 1% per month onwards
ZipLoan 1% - 1.5% per month (Flat ROI)
ICICI Bank Up to 17% p.a.
Axis Bank 10.75% p.a.
Indifi Finance 1.5% per month onwards
Kotak Mahindra Bank 16% p.a. onwards
RBL Bank 14% - 26% p.a.
Lendingkart Finance 1.25% per month onwards
Tata Capital Finance 12% p.a. onwards
NeoGrowth Finance 15% p.a. onwards
Hero FinCorp Up to 26% p.a.
Personal Loan (PL)
Bank Interest Rate (p.a.)
HDFC Bank 10.5% p.a. - 24.00% p.a.
ICICI Bank 10.50% p.a. - 16.00% p.a.
TurboLoan Powered by Chola 14% p.a.
Yes Bank 10.99% p.a. onwards - 20% p.a.
Kotak Mahindra Bank 10.99% and above
Axis Bank 10.49% p.a.- 22% p.a.
IndusInd Bank 10.25% p.a. - 26% p.a.
HSBC Bank 9.99% p.a. - 16.00% p.a.
IDFC First Bank 10.49% p.a. onwards
Tata Capital 10.99% onwards
Home Credit Cash Loan 24% p.a. - 34% p.a.
Ujjivan Small Finance Bank At the discretion of the bank
Aditya Birla Capital 14% p.a. -26% p.a.
State Bank of India 11.05% p.a. - 14.05% p.a.
Karnataka Bank Between 12% and 17%
Bank of Baroda 10.90% p.a. - 18.25% p.a.
Federal Bank 11.49% p.a. - 14.49% p.a.
IIFL 12.75% p.a. - 44% p.a.
Bank of India 10.25% onwards
(Fullerton India) SMFG India Credit 11.99% p.a. onwards
IDBI Bank 10.50% p.a. - 13.25% p.a.
Karur Vysya Bank 10.75% p.a. - 13.75% p.a.
South Indian Bank 13.1% p.a. - 20.6% p.a.
Indian Overseas Bank 12.5% p.a. - 13.5% p.a.
RBL Bank 14% p.a. - 23% p.a.
Punjab National Bank 11.40% p.a. onwards
Bank of Maharashtra 10.00% p.a. onwards
Central Bank of India 12.00% p.a. - 12.75% p.a.
City Union Bank At the discretion of the bank
J&K Bank 12.40% p.a. - 13.40% p.a.
Processing Fee
Up to 2.50%
Up to 2.50%
4% - 6%
Up to 2%
Up to 3%
Up to 2% of the loan amount
3% onwards
Up to 2%
Up to 3.5%
Up to 3.5%
2.5%-5%
At the discretion of the bank
Up to 2%
Up to 1.50%
At the discretion of the bank
Up to 2%
At the discretion of the bank
2% - 6%
Up to 2%
Up to 6%
Contact the bank
0.50% onwards
Up to 2%
Up to 0.50%
Up to 3.5%
Up to 1.00%
Up to 1%
Up to 1%
1.00% subject to a minimum of Rs.250
Up to 1% of the loan amount subject to a
maximum of Rs.10,000
Car Loan (New Car)
Bank Benefits
HDFC Loans for Luxury Cars
Designed for professionals
State Bank of India and agriculturalists with no
Income Proof
Features
The effective interest rate is
9.40% p.a.
Maximum loan amount is up to Rs.
10 crore
The effective interest rate is 8.75%
p.a. onwards.
Loans are provided to professionals
and agriculturists

The effective interest rate starts at

9.30% p.a.
Axis Bank Small Loans
You can avail a loan of Rs. 1 lakh
The effective interest rates start at
Free Personal Accident 8.85% p.a.
Federal Bank
Insurance No income documents need to be
provided
The effective interest rate starts at
Canara Bank Low-Interest Rates for Used 8.70% p.a.
Cards and New Cars Lower interest rates are provided for
women
The interest rates start at 9.10% p.a.
ICICI Bank Long repayment tenure
The repayment tenure is up to 7
years.
Education Loan
Name of Bank Interest Rate (p.a.) Processing Fees
Up to Rs.10,000
No charged required for loan
amount below Rs.20 lakh
SBI 8.15% p.a. to 11.75% p.a.
Loan amount above Rs.20 lakh:
Rs.10,000 (plus taxes)

Nil for studies in India

Central Bank of India 8.10% p.a. to 10.60% p.a. 1% of loan amount for studies
abroad (Max: Rs. 15,000)

Nil for studies in India

PNB 1% of loan amount for studies
9.20% p.a. onwards
abroad (Max: Rs. 10,000)

0.50% of the loan amount up to

Rs.10,000 (for collateral security
coverage of 100% and above)
Canara Bank 9.25% p.a. onwards 0.50% of the loan amount up to Rs.
20,000 (for collateral security
coverage of less than 100%)

IDFC FIRST Bank 10% p.a. to 15% p.a. Up to 1.5% of the loan amount
Nil for studies in India

IDBI Bank 8.50% p.a. onwards 1% of the loan amount (Maximum:

Rs.5,000) for studies abroad

No processing for charges up to

Rs.7.50 lakh
Bank of Baroda 8.15% p.a. onwards 1% of loan amount up to
Rs.10,000 for charges above Rs.
7.50 lakh

Bank of India 10.95% p.a. to 11.75% p.a. No processing fee for studies in India
ICICI Bank 9.40% p.a. onwards Up to 2% + GST
Bank of Maharashtra 9.45% p.a. to 11.30% p.a. Contact the bank
Axis Bank 13.70% p.a. to 15.20% p.a. 2.00% of the loan plus GST
Nil for studies in India
HDFC Bank 9.50% p.a. 1% for studies abroad

Kotak Mahindra Bank Up to 16% p.a. Nil

 Federal Bank 12.55% onwards Contact the bank
1% of the sanctioned loan
Tamilnad Mercantile bank
12.60% p.a. to 12.85% p.a. amount above Rs. 7.50 lakh for
studies abroad
Car Loan (Used Car)
Lender Interest Rate
State Bank of India 11.40% p.a. - 14.90% p.a.
Tata Capital Starts from 14.99% p.a. onwards
13.75% p.a. onwards (Rack
HDFC Bank Interest)
Punjab National Bank Starts from 9.80% p.a.
Axis Bank 13.55% p.a. - 15.80% p.a.
Mahindra Finance Contact the bank
Repayment Tenure
5 years (maximum)
1 year to 5 years
7 years
5 years
5 years
5 years