Home Loans Interest Comparison Chart 

Bank/Housing
Processing Pre-Payment 
Finance 0-5 Years 6-10 Years Over 10 Years
Fee Penalty
Corporation

      Fixed Floating Fixed Floating Fixed Floating

No penalty if upto 25% of loan is

ABN-Amro 0.50% cleared per year. Else 2% on the 7.75 7.25 7.75 7.75 7.75 7.25
amount in excess of 25%

Allahabad Bank 0%   7.75 7.25 8.25 7.75 8.75 7.75

Andhra Bank   2% 8.50 8.00 9.25 8.75 9.50 9.00

Bank Of Baroda 0% Upto 3% 9.0 7.50 9.5 8.0 10.0 8.25

Bank of India     8.5 7.5 9.25 7.75 9.25 8.25

Bank of
    - 7.5 - 8.0 - 8.25
Maharashtra

Bank of Punjab     11.75 7.50 11.75 7.50 11.75 7.50

Bank of Rajasthan     8.0 7.5 8.25 7.5 8.5 8.0

Birla Home
    8.00 8.00 8.5 8.5 8.75 8.75
Finance

Central Bank of
0% 0 8.5 8.0 9.0 8.5 9.5 9.0
India

Corporation Bank 0% 0 8.0 7.5 9.00 8.25 - 8.50

Canara Bank     8.0 7.50 9.00 8.00 9.25 8.00

Can Fin Homes     7.75 7.25 8.75 8.0 8.75 8.0

Citibank     8.25 8.25 8.25 8.25 8.25 8.25

Dena Bank 0.50% 0% 8.75 7.25 9.25 7.75 9.50 8.0

Dewan Housing
Finance Ltd � 0 0 8.5 8.0 8.5 8.0 8.5 8.0
DHFL

Federal Bank     - 7.25 - 7.5 - 8.0

GIC Housing
    9.75 7.5 9.75 8.0 10.0 8.25
Finance

HDFC Bank 1.0% 2% 8.75 8.25 8.5 8.0 8.25 7.5

Up to 25% of the loan amount every

financial year - NIL, For amount over
HSBC 1.8% 8.0 7.75 8.0 7.75 8.0 7.75
25% of loan amount in every financial
year- 2% of amount prepaid

IDBI 0.75% 2% 9.25 7.5 9.25 8.0 9.25 8.25

ICICI 0.50% 2% 9.0 8.0 9.0 8.0 9.0 8.0

Indian Bank 0 0 7.75 7.25 8.25 7.75 8.75 7.50

Indian Overseas
0.5%   8.25 7.75 9.25 9.25    
Bank

Kotak Mahindra
  Nominal fee 8.5 8.5 8.25 7.25 8.0 7.5
Bank
LIC Housing
1%   8.0 7.5 8.0 7.5 8.0 7.5
Finance

Oriental Bank of
    8.0 7.5 8.5 8.0 8.75 8.25
Commerce

Punjab National
    9.25 7.75 10.25 8.0 10.5 8.25
Bank

Standard No fee for part-prepayment. Else

  10.5 10.5 10.5 10.5 10.5 10.5
Chartered Bank 2.5%

State Bank Of
    7.5 7.25 8.25 8.0 8.5 8.25
Hyderabad

State Bank of
0% 0 8.0 7.5 8.5 8.0 8.75 8.25
India

State Bank of
1%   7.75 7.5 8.25 8.0 8.5 8.25
Mysore

State Bank of
0.5%   7.5 7.0 8.5 8.0 8.75 8.25
Travencore

Sundaram Home
    9.00 8.75 9.00 8.75 9.00 8.75
Finance

Syndicate Bank Rs 1000 0 8.0 7.75 8.5 8.25 8.75 8.50

Tata Home
    12.0 7.75 12.0 8.25 12.0 8.5
Finance

Union Bank of
  0 9.75 9.5 10.25 10.0 10.75 10.5
India

At PLR Minus At PLR Minus At PLR Minus

United Bank of 2.00% subject 2.00% subject 2.00% subject
1%   8.5 9.0 9.25
India to a minimum to a minimum to a minimum
of 9.5% of 9.5% of 9.5%

Vijaya Bank 1%   7.5 7.0 8.5 8.0 8.75 8.25