HDFC Website

https://www.bankbazaar.com/loan-against-property.html

Loan Against Property Schemes- Interest rates, Loan amount and Tenures by Top Banks

Bank Interest Rate Loan Amount Tenure
State Bank of India 10.60% p.a. - 11.30% p.a. Up to 7.5 crore 5-15 years
HDFC Bank 8.95% p.a. - 10.25% p.a. Up to 60% of the value of the property Up to 15 years
IDFC First 9.00% p.a. - 16.50% p.a. Up to Rs.7 crore Up to 20 years
Tata Capital 10.10% p.a. onwards Rs.5 lakh – Rs.5 crore Up to 20 years
Axis Bank 9.90% p.a. -10.35% p.a. Rs.5 lakh – Rs.5 crore Up to 20 years
Kotak Mahindra Bank 9.15% p.a. onwards Rs.10 lakh – Rs.5 crore Up to 15 years
IIFL 10.75% p.a. onwards Up to Rs.10 crore Up to 10 years
Edelweiss Financial Services Ltd As per the terms and conditions Up to Rs.25 crore Up to 15 years
Bank of India 11.25% p.a. onwards Up to Rs.7.5 crore Up to 15 years
L&T Housing Finance 9.50% p.a. onwards Rs.2 lakh onwards Up to 18 years
Union Bank of India 10.50% p.a. - 13.15% p.a. Up to Rs.10 crore Up to 15 years
Indian Bank 10.00% p.a. - 12.60% p.a. Up to Rs.5 crore Up to 15 years
LIC Housing Finance 9.50% p.a. - 11.55% p.a. Up to Rs.7.5 crore Up to 15 years
Bank of Maharashtra 10.45% p.a. - 11.95% p.a. Up to Rs.10 crore Up to 10 years
PNB Housing Finance 10.40% p.a. - 12.75% p.a. Up to Rs.5 crore Up to 10 years
ICICI Bank 10.85% p.a. - 12.50% p.a. Up to Rs.5 crore Up to 15 years
Bajaj Housing Finance 8.50% p.a. - 18.00% p.a. Up to Rs.5 crore Up to 30 years
UCO Bank 10.95% p.a. - 12.10% p.a. Up to Rs.5 crore Up to 12 years
Indiabulls Housing Finance 9.75% p.a. onwards Based on customer’s profile, repayment capacity and the LTV ratio. Up to 15 years
Bank of Baroda 10.85% p.a. - 16.50% p.a. Up to Rs.25 crore Up to 15 years
Federal Bank 12.60% p.a. onwards Up to Rs.5 crore Up to 15 years

Loan Against Property Schemes- Processing fees, Pre-closure fees and age criteria

Bank/Lender Processing Fee Pre-closure Charges Age Criteria
State Bank of India Flat Rs.10,000 Nil The loan should be liquidated before the eldest borrower reaches 70 years of age.
HDFC Bank Up to 1.50% of loan amount or Rs.4,500, whichever is higher NIL Contact bank for information
IDFC First Up to 3% of the loan amount As per the terms and conditions As per the terms and conditions
Tata Capital Up to 1.25% of the loan amount 4% + GST 25 years to 60 years
Axis Bank 1% of the loan amount or Rs.10,000, whichever is higher At the discretion of the bank Contact bank for details
IIFL Up to 2% of the loan amount NIL Contact the bank for more information
Kotak Mahindra Bank Maximum 1% of the loan amount + GST Contact the bank for more information Between 21 years and 65 years
Edelweiss Financial Services Ltd. 1% of the loan amount At the discretion of the bank As per the terms and conditions set by Edelweiss Financial Services Ltd.

https://www.paisabazaar.com/loan-against-property/interest-rates/

Loan Against Property Interest Rates

Lender Interest Rates (p.a.)
Axis Bank 10.50% – 10.95%
Bajaj Housing Finance 8.50% – 18.00%
Bank of Baroda 10.85% – 16.50%
Bank of India 11.25% onwards
Bank of Maharashtra 10.45% – 11.95%
Central Bank of India 12.15% – 14.25%
Federal Bank 12.60% onwards
SMFG India Credit Company Ltd.(Formerly known as Fullerton India Credit Company Ltd.) 9.00% – 24.00%
HDFC Bank Limited 9.50% – 11.00%
ICICI Bank 10.85% – 12.50%
IDFC First Bank 9.00% – 16.50%
India Shelter Finance Corporation Ltd. 12.00% – 24.50%
Karur Vysya Bank 11.13% – 13.03%
Kotak Mahindra Bank 9.15% onwards
LIC Housing Finance 9.50% – 11.55%
L&T Finance 9.50% onwards
PNB Housing Finance 9.25% – 15.00%
Punjab National Bank 10.40% – 12.75%
State Bank of India 10.60% – 11.30%
Tata Capital Housing Finance 10.10% onwards
UCO Bank 10.85% – 12.00%
Union Bank of India 10.50% – 13.15%

Note: Interest Rates as of 10 November 2023