Interest Rate for Mortgage Loan

Mortgage Rate is a rate of Indian Mortgage Rates can be classified into two types:

• Fixed Mortgage Rate
• Flexible Mortgage Rate

Mortgage is a conditional conveyance of property as security for repayment of loan. Such a property is put up as a collateral security which is liable to confiscation in the event of failure of repayment of the loan and the mortgage rate associated with it.

 
Banks up to 30 lacs 30-75 lacs 75 & above Processing fees
HDFC 12.75 - 13% 12.75 - 13% 12.75 - 13% 1.50% of the loan amount
Fullerton 15.5% 15.5% 15.5% 1% of the loan amount
Ing vysya 13% fixed for 3 years 13% fixed for 3 years 13% fixed for 3 years 1% + service tax
ICICI Bank 13% 13% 13% 1%
Axis Bank 15.50% - 16.50% 15.50% to 16.50% 15.50% - 16.50% 1% of the loan amount
PNB HFL 13.50% - 13.75% 13.50% - 13.75% 13.50% - 13.75% N.A
India Bulls 13.50% - 15% 13.50% - 15% 13.50% - 15% 1% + service tax
DCB 13% - 13.50% 13% - 13.50% 13% - 13.50% 1.50% + service tax
Standard Chartered 12.50% 12.50% 12.50% 1%
Citibank 12.75 - 13.25% 12.75 - 13.25% 12.75 - 13.25% 0.50%
IDBI Bank 13.25% 13.25% 13.25% 1% + service tax
Deutsche Bank 12% to 12.50% 12% to 12.50% 12% to 12.50% 1% of the loan amount
Cent Bank 14.25% N.A N.A 1% of the loan amount
Edelweiss 13.25% 13.25% 13.25% 1% of the loan amount

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