Top 5 banks offer 

lowest Interest rates for home loans

Kotak Mahindra Bank

Kotak Mahindra Bank offers the lowest interest rate of 8.5% for both salaried and self-employed (on the basis of cibil score) borrowers for home loans above ₹50 lakh. The processing fee is 0.2% of the loan amount plus applicable taxes.

ICICI Bank

ICICI Bank charges an interest rate of 8.65% for salaried borrowers and 8.65% for self-employed (on the basis of cibil score) borrowers for home loans above ₹50 lakh. The processing fee is 0.25% of the loan amount plus applicable taxes.

State Bank of India

State Bank of India has an interest rate of 8.30% for salaried borrowers and 8.30% for self-employed (on the basis of cibil score) borrowers for home loans above ₹50 lakh. The processing fee is 0.35% of the loan amount plus applicable GST.

Axis Bank

Axis Bank offers an interest rate of 8.45% for salaried borrowers and 8.45% for self-employed (on the basis of cibil score) borrowers for home loans above ₹50 lakh. The processing fee is 0.20% of the loan amount plus applicable taxes.

HDFC Bank

HDFC Bank charges an interest rate of 8.35% for salaried borrowers and 8.35% for self-employed (on the basis of cibil score) borrowers for home loans above ₹50 lakh. The processing fee for salaried Rs.1550 plus GST and for self employed Rs.3550 plus GST.