HOME LOAN INTEREST RATE

Home loan interest rates in July 2025 typically start from around 7.35% to 7.50% per annum with variations depending on the lender, loan amount, and borrower profile. For example, State Bank of India offers rates from 7.50% to 8.70%, while HDFC Bank’s rates start at 7.90% onward. Interest rates may be fixed initially or floating, linked to the RBI repo rate, influencing monthly EMIs over time. Choosing between fixed and floating rates depends on borrower preference for stability or flexibility. It is important to compare different banks’ offers and credit scores to secure the best home loan interest rate available.