| Banks |
Slab |
Int. Rate
(In %) |
Processing
fee |
Admin.
fee |
Pre- payment
penalty |
Interest rate
calculation |
Max.
tenure
Years |
Max. amount
in Lakhs |
| HDFC (Housing Development Finance Corporation) |
upto 10,000 |
11.75% |
0.80% |
1% |
2% of the amount being pre-paid |
Annual reducing |
15 |
50 |
| 10,001 to 10 lacs |
12.50% |
| Above 10 lacs |
12.50% |
| LIC HF (Life Insurance Corporation Housing Finance) |
upto 10 lacs |
13% |
0.50% |
1% |
1% of the amount prepaid within first five years |
Annual reducing |
20 |
50 |
| 10 to 15 lacs |
13% |
| 15 to 50 lacs |
13% |
| GICHF (General Insurance Corporation Housing Finance ) |
25,001 to 5 lacs |
13.00% |
0.80% |
1% |
Nil |
Monthly |
15 |
30 |
| 5 to 10 lacs |
13.00% |
| 10 to 30 lacs |
13.00% |
| CanFin HF (CanFin Housing Finance) |
Below 2 lacs |
12.50% |
1% |
1% |
Rs 500/- for full repayment |
Annual |
15 |
25 |
| 2 to 5 lacs |
12.50% |
Rs 250/- for partial |
| 5 to 25 lacs |
12.50% |
|
| SBI HF (State Bank Housing Finance) |
upto 2 lacs |
11.50% |
0.80% |
1% |
1 month interest on outstanding |
Annual |
15 |
25 |
| Rs 2 to 10 lacs |
12.50% |
| 10 lacs & above |
12.75% |
| Dewan HF (Dewan Housing Finance) |
upto 25,000 |
|
1% |
1% |
Nil |
Annual |
15 |
25 |
| 25,001 to 10 lacs |
12.75% |
| 10 lacs & above |
12.75% |
| ICICI Home Finance |
upto 10,000 |
12.50% |
0.80% |
1% |
Nil |
Annual |
30 |
100 |
| 10,001 to 15 lacs |
12.50% |
| Rs 15 lacs & above |
12.50% |
| TATA Home Finance |
upto 10,000 |
12.50% |
0.80% |
1% |
Nil |
Annual |
15 |
100 |
| 10,001 to 15 lacs |
12.50% |
| Rs 15 lacs & above |
12.50% |
*EMI is for the maximum tenure of the slab. |