| Residential Property:- Self Occupied – 65% Vacant – 55% Rented – 55% |
Commercial Property:- Self Occupied – 50% Vacant – 40% Rented – 40% |
Note: The amount of loan available against property varies from bank to bank in the range of 5-10%
Loan Against Property Interest Rates
(Last updated on20 December 2016)
Banks |
up to 30 lacs |
30-75 lacs |
75 & above |
Processing fees |
| HDFC | 10.35% – 12.35% | 10.35% – 12.35% | 10.35% – 12.35% | Up to 1.25% of the loan amount or Rs. 3,000 whichever is higher, plus applicable taxes. |
| Ing vysya | N.A | N.A | N.A | 1% |
| SBI | 10.65% – 11.65% | 10.65% – 11.65% | 10.65% – 11.65% | 2.00% or Rs.50,000 Maximum |
| ICICI BANK | N.A | N.A | N.A | 0.50% – 1.00% of the loan amount or Rs.2000 whichever is higher |
| AXIS BANK | 11.60% – 12.25% | 11.60% – 12.25% | 11.60% – 12.25% | 1% + Service tax as applicable |
| PNB HFL | 11.25% – 13.00% | 11.25% – 13.00% | 11.25% – 13.00% | N.A |
| FedBank | 12.22% – 15.47% | 12.22% – 15.47% | 12.22% – 15.47% | N.A |
| INDIABULLS | 11.00% – 14.50% | 11.00% – 14.50% | 11.00% – 14.50% | Up to 1.50% of the loan amount + S. Tax as Applicable |
| DCB | 13.50% | 13.50% | 13.50% | 1% + service Tax or Min 5000/- |
| Standard Chartered | 10.75% – 11.00% | 10.75% – 11.00% | 10.75% – 11.00% | Up to 1% of the sanctioned amount |
| Citibank | 10.25% – 11.50% | 10.25% – 11.50% | 10.25% – 11.50% | N.A |
| IDBI Bank | 10.95% – 12.45% | 10.95% – 12.45% | 10.95% – 12.45% | Up to 1% of the loan amount plus service tax as applicable |
| Deutsche Bank | 11.75% – 13% | 11.75% – 13% | 11.75% – 13% | 1% + service tax |
| Central Bank | 14.25 | N.A | N.A | 0.50 % of Loan Amount subject to maximum of Rs.40,000/- and Rs.20,000/- respectively at the time of sanction. |
| HSBC | 10.50% – 10.90% | 10.50% – 10.90% | 10.50% – 10.90% | 1% of the loan amount sanctioned or Rs. 10,000, whichever is higher |
| DHFL | 13.75% | 13.75% | 13.75% | 0.5% to 2% + Service Tax (case to case basis |
| LIC HFL | 11.00% | 11.00% | 11.00% | 2500 + Service Tax |
| FULLERTON | 13% | 13% | 13% | 1% of the loan amount |
| RELIANCE | 13.50% | 13.50% | 13.50% | 1% |
| EDELWIESE | N.A | N.A | N.A | Up to 2% of Loan Amount |
| Bank of India | 11.20% – 11.70% | 11.20% – 11.70% | 11.20% – 11.70% | 1% of sanctioned loan amount Min. Rs.5, 000/- and Max. Rs.50, 000/-.Plus S.T. |
| Tata capital | 12.00% – 15.00% | 12.00% – 15.00% | 12.00% – 15.00% | vary depending on the particulars of your loan |
| Magma housing finance | N.A | N.A | N.A | At actuals as per loan sanctioned amount |
| Kotak | Upto 16% | Upto 16% | Upto 16% | Upto 2% of Loan amount |
| Chola Mandalam | 12.6% – 29.00% | 12.6% – 29.00% | 12.6% – 29.00% | N.A |
| HDBFS | 11.00% – 20.00% | 11.00% – 20.00% | 11.00% – 20.00% | 1.50% of loan amount |
| Bajaj Finserv | N.A | N.A | N.A | Up to 2% of the loan amount |
| Uco bank | 11.60% – 12.60% | 11.60% – 12.60% | 11.60% – 12.60% | N.A |
| Canara Bank | 9.65% | 9.65% | 9.65% | 1% of loan amount with a minimum of Rs.5000 and maximum of Rs. 50,000 |