Home loan interest rates: Check lowest rates for Rs 30 Lakh-75 lakh loans after RBI repo rate hike

The Reserve Bank of India (RBI) in its Monetary Policy Committee (MPC) meeting on Wednesday, October 7, 2026, raised the repo rate from 5.25 percent to 5.50 percent. Following the rate hike, interest rates on home loans linked to the External Benchmark Lending Rate (EBLR) are likely to rise.

However, borrowers looking to purchase a home can compare the prevailing rates before lenders pass on the impact of the repo rate hike. Here we take you through home loan interest rates for loans above Rs 30 lakh and up to Rs 75 lakh offered by public and private sector banks and housing finance companies (HFCs).

• Bank of Maharashtra’s interest rate starts from 7.00 percent to 9.90 percent.
• Central Bank of India’s interest rate starts from 7.00 percent to 9.15 percent.
• Bank of India’s interest rate ranges from 7.10 percent to 10.00 percent.
• Indian Bank’s interest rate ranges from 7.15 percent to 9.15 percent.
• Punjab National Bank’s interest rate ranges from 7.20 percent to 9.25 percent.
• State Bank of India’s interest rate ranges from 7.25 percent to 8.55 percent.
• Punjab and Sind Bank’s interest rate ranges from 7.35 percent to 10.75 percent.

• Federal Bank’s interest rate ranges from 8.35 percent to 10.50 percent.
• ICICI Bank’s interest rate starts from 7.55 percent onwards.
• Kotak Mahindra Bank’s interest rate starts from 7.60 percent onwards.
• HDFC Bank’s interest rate starts from 7.75 percent onwards.
• Axis Bank’s interest rate ranges from 8.00 percent to 11.90 percent.

• Bajaj Housing Finance’s interest rate starts from 7.25 percent onwards.
• ICICI Home Finance’s interest rate starts from 7.50 percent onwards.
• PNB Housing Finance’s interest rate ranges from 7.75 percent to 10.05 percent.
• Godrej Housing Finance’s interest rate starts from 7.65 percent onwards.
• Aditya Birla Capital’s interest rate starts from 7.75 percent onwards.

For homebuyers, the repo rate hike means borrowing costs could rise gradually as lenders revise benchmark-linked rates. With the RBI shifting to calibrated tightening, the direction of future rate changes will depend on inflation. Borrowers should therefore compare current home loan offers and assess their repayment capacity before taking a loan, rather than basing the decision only on the headline interest rate.

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