Home loans up to Rs 10 lakh get 1% interest rate subsidy

Published: September 11, 2009

Affordable housing, especially in non-metros, could get a much-needed boost with the Government on Thursday approving the one per cent interest subvention scheme for housing loans up to Rs 10 lakh. The Centre has allocated Rs 1,000 crore for the scheme.
Under the new scheme approved by the Cabinet, the interest subsidy will be made available [...]

Posted under News

Home Loan Interest Rates Reference Chart

Published: September 11, 2009

With so many options for home loans available in the market, choosing the right one seems a cumbersome job. You can use this list wherein we have gathered the data from different banks and consolidated them all at one place for your quick reference.

Bank Name
Floating Interest rate
Processing Fee
Prepayment Charges

Allahabad Bank
10.00%
0.50% of loan amount, Maximum Rs. [...]

Posted under Buying Property