Following the central bank, this public sector bank has hiked the repo-linked home loan interest rate by 35 bps. According to the bank's website, "The RLLR has been changed from 8.40 per cent to 8.75 per cent {Repo Rate (6.25 per cent) + Mark-up (2.50 per cent)} w.e.f. 08-12-2022 for all customers. Along with RLLR, BSP of 25 bps will be charged." 8.75% onwards. Home Loan Balance Transfer. 8.75% onwards. Home Loan Top Up. Top Up at same ROI as BT subject to max capping of 100% of the BT loan amount. Self-Employed. Home Loan. 8.85% onwards. India Government Securities Yield: 10 Years was reported at 7.24 % pa in Sep 2023, compared with 7.16 % pa in the previous month. India Long Term Interest Rate data is updated monthly, available from May 1996 to Sep 2023. The data reached an all-time high of 13.96 % pa in May 1996 and a record low of 5.11 % pa in Oct 2003. IndusInd Bank Home Loan Highlights. Interest Rate. Based on the external benchmark lending rate (as per RBI’s guidelines) Loan Tenure. Up to 30 years. Loan to value ratio. · For loans of up to Rs 30 lakh: Up to 90%. · For loans between Rs 30 lakh and Rs 75 lakh: Up to 80%. · For loans above Rs 75 lakh: Up to 75%. Opt for the Indian bank home loan, which makes for a very economical loan available at an interest rate of just 8.40% - 10.20% p.a. You can avail the loan for upto 30 years. Read on to learn which category of borrower you fall under and which will be the most suitable Indian bank housing loan scheme for you. Updated: 28-08-2023 11:18:24 AM. 10 Years. Rate of Interest. 7.1 %. This is preliminary calculation and is not the final offer. Total Re-payment ₹ 27,98,989. Interest Payable. Loan Amount. Monthly payable EMI. ₹ 23,325. Magicbricks is a full stack service provider for all real estate needs, with 15+ services including home loans, pay rent, packers and movers, legal assistance, property valuation, and expert advice. As the largest platform for buyers and sellers of property to connect in a transparent manner, Magicbricks has an active base of over 15 lakh What are the various fixed and floating interest rates on offer for home loans today? Let's take a comprehensive look at interest rates across banks and housing finance companies. Indian Bank Star Smart Home Loan - FEATURES. Minimum Loan amount: For Salaried: Rs. 5.00 Lacs. For self-employed: Rs. 10.00 Lacs. Maximum quantum up to 90% of market value. Maximum repayment tenure up to 360 months. EMI starts @ Rs.776/- per Lakh. Holiday/Moratorium period up to 36 months. Interest rate for products relate to Rupee Export Credit. MSME: For export credit products, Prevailing Repo rate should be taken as Benchmark rate. Interest rate for respective products will be based on Repo plus spread as given below. Pre-Shipment Credit: Fd7awyL.