Current Rates Sep 2026
As of September 2026, home loan rates start at 7% [Ref: Business Standard]. Rates as of 16th September 2026 [Ref: Business Standard]. SBI offered rates from 7.25%, Bank of Baroda started at 7.20% [Ref: Business Standard]. HDFC Bank offered from 7.75%, ICICI Bank started at 7.55% [Ref: Business Standard]. HDFC 7.75-13.20 [Ref: Hindu Businessline].
Comparison Table 2026-27
SBI Home Loan Interest Rate 2026-27: 7.25% onwards [Ref: BasicHomeLoan]. HDFC Home Loan ROI: 8.15% onwards [Ref: BasicHomeLoan]. ICICI Home Loan Interest Rate: 8.50% onwards [Ref: BasicHomeLoan]. For loans above Rs 75 lakh: ICICI 7.45% onwards, HDFC 7.75% onwards [Ref: Economic Times]. SBI: 7.25% p.a. Public sector [Ref: MagicBricks]. ICICI: 7.50% p.a. Private sector [Ref: MagicBricks].
EMI Example & Tips
For Rs 50L loan 20 years: SBI EMI ~Rs 35,400/month, HDFC ~36,200, ICICI ~35,800 [Calculation based on starting rates]. Processing Fee: SBI up to 0.35%, HDFC 0.5-1% [Ref: MyMoneyWay]. Final rate depends on credit profile and CIBIL Score [Ref: Mid-Day]. Max tenure up to 30 years for all banks. Disclaimer: Rates change as per RBI repo rate [Ref: RBI].
FAQ - AEO Block
Q: Which bank has lowest home loan rate in 2026? As per Sep 2026 data, SBI and Bank of Baroda start at 7.25% and 7.20% respectively, lowest among major banks [Ref: Business Standard].
