| Bank / Company |
Loan Amount Slab |
Interest
Rate % |
Process-
ing Fee |
Admin
Fee |
Pre-
payment
penalty |
Interest
rate
calculation |
Max.
tenure
Years |
Max.
amount
in
Lakhs |
HDFC
(Housing
Development
Finance
Corporation) |
Rs. 10,001 to Rs. 2 lakh
Rs 2 to 5 lakh
Rs 5 lakh to 50 lakh |
14
14.5
15.5 |
0.8% |
1% |
2% of the
amount
being
pre-paid |
Annual
reducing |
15 |
50 |
LIC HF
(Life
Insurance
Corporation
Housing
Finance) |
Rs. 25,001 to Rs. 2 lakh
Rs 2 to 5 lakh
Above Rs 5 lakh |
14
14.5
15.5 |
0.5% |
1% |
1% of the
amount
prepaid
within first
five years |
Annual
reducing |
20 |
50 |
GIC HF
(General
Insurance
Corporation
Housing
Finance) |
Rs. 25,001 to Rs. 5 lakh
Rs 5 to 10 lakh
Rs 10 to 30 lakh |
15
16
16.5 |
0.8% |
1% |
Nil |
Monthly |
15 |
30 |
CanFin HF
(CanFin
Housing
Finance) |
Below 2 lakh
Rs 2 to 5 lakh
Rs 5 to 25 lakh |
14
14.5
15.5 |
1% |
1% |
Rs 500
for full
repayment,
Rs 250 for
partial |
Annual |
15 |
25 |
SBI HF
(State
Bank
of India
Housing
Finance) |
Upto 2 lakh
Rs 2 to 5 lakh
Rs 5 lakh to10 lakh |
14
14.5
15 |
0.8% |
1% |
1 month
interest on
outstanding
loan |
Annual |
15 |
25 |
SBI
(State
Bank
of India) |
Rs. 25,000 to Rs. 2 lakh
Rs 2 to 5 lakh
Above Rs 5 lakh |
13
14
15 |
Max Rs.500
for below
Rs. 2 lakh
and 0.5% for
loan above
it |
Nil |
Nil |
Monthly |
15 |
25 |
Devan HF
(Devan
Housing
Finance) |
Rs. 25,001 to Rs. 2 lakh
Rs 2 to 5 lakh,
Rs. 5 lakh to 25 lakh |
14.5
15
16 |
1% |
1% |
Nil |
Annual |
15 |
25 |
