Home Loan Interest Rates in India: A Comprehensive Guide

As of September 3, public and private sector banks, along with housing finance companies, offer a range of home loan interest rates. Public sector banks offer competitive starting rates, with Union Bank of India offering the lowest entry point at 7.35%. Private sector banks show a broader spread of rates, with some starting low but climbing higher depending on borrower profile. HDFC Bank offers a starting rate of 7.90%, while Axis Bank's rates range from 8.35% to 11.90%.