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Q.

What are the Housing Loan Interest Rates in Kolkata?

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1 Answers

51 days

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0 2024-10-30T20:34:25+00:00

Well, you cannot get an accurate answer for home loan rates in Kolkata as home loan rates are different from bank to bank and have nothing to do with the city. For example, if the home loan interest rate at Axis Bank is 8.75% for salaried applicants, it will remain the same in Kolkata, Delhi, Mumbai and so on. It will remain the same for all cities. 

What is the Home Loan Interest Rates in Kolkata?

As I mentioned, the home loan interest rate Kolkata varies from one bank to another. Here is a list of some of the banks and their home loan interest rates (for applicants having a good CREDIT score):

Bank 

Home loan Interest Rate (salaried)

Home loan Interest Rate (self-employed)

Axis Bank

8.75%

9.10%

HDFC

9.40% to 9.95%

9.40% to 9.95%

Kotak Mahindra 

8.75% onwards

8.75% onwards

SBI

8.50% to 9.65%

8.50% to 9.65%

Now these rates might further vary based on the

  • Applicant’s loan amount

  • Home loan tenure

  • The income stability of the applicant

  • Credit score of the applicant and other factors

You can visit the bank’s website or the nearest bank branch to know about the exact rates.

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