Is there a site where one can look up & compare current home loan rates from various banks?
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  • Here is one, not exactly, what u r wanting, but should be helpful -

    Home Loan
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  • Thanks Manoja. I had gone thru this site however didnt find what I was looking for - viz prevailing home loan rates, additional costs comparison etc.h
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  • There r a few sites, on what u r wanting/looking at, let me find a link for u, otherwise i would post them tomorrow .
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  • Originally Posted by noobinre
    Is there a site where one can look up & compare current home loan rates from various banks?

    Try Home loans india - Compare home loan rates, Cheap Housing Loans, Guides, Tips - iTrust

    or

    www.bankbazaar.com

    Hope this helps
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  • ICICI, HDFC Bank Raise Lending Rates

    With the country's two leading private sector lenders, ICICI Bank and HDFC Bank, hiking their base rate and benchmark prime lending rate (BPLR) by up to 50 basis points, get ready to pay higher equated monthly installments (EMIs) on your existing and new loans. All loans including home, car and personal loans will become dearer.

    ICICI bank has also increased deposit rates by 2550 basis points across various maturities.

    HDFC Bank raised base rate by 45 basis points to 8.20 per cent, effective from Thursday.

    One basis point is one hundredth of a percentage.

    The revised base rate of the ICICI Bank is 8.75 per cent as against 8.25 per cent at present. Base rate is minimum rate at which banks
    can lend. From July 1, 2010, interest rates on new loans are determined based on base rate while loans sanctioned up to June 20, 2010 were based on BPLR.

    "Rate hike was inevitable after RBI hiked rates. Despite hike in rates, deposit is still not picking up. Cost of funds for all banks has gone up," said a senior ICICI Bank official.

    Rate hike is in response to 25 basis points hike in interest rates by the Reserve Bank of India in the mid quarter review of monetary policy announced on January 25, 2011 to control inflation.

    Most banks including largest lender state Bank of India have already revised their lending and deposit rates.

    In the policy review RBI had asked banks to bridge wide gap between credit and deposit, as it may be a risk to financial stability of the banks. In order to garner more deposits banks are forced to raise deposit rates leading to cost of funds going up hence increase in lending rates.



    Source: Financial Chronicle
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  • PNB

    All,

    May I know the current interest rate at PNB for 25L and 15 Yrs?

    Thanks.
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  • banks in india

    All bank details available in http://banksindia.in
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  • Hi Noobinre

    There are many websites available for such comparisions. You can find many on Google search.

    You can also try some websites which compare interest rates for home loans & send you free quotes from different banks.
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  • I find below link very useful for home loan interest rates, processing fees, prepayment charges etc for various nationalized and private banks.

    so is sharing with you all.

    Home Loan Rates | Home Loan Interest Rates | Home Loan Comparison Rate | Deal4loans
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