- Current Account
- Pay
- Collect
- Trade
Services
Solution for Exporters
- Debt & Working Capital
24x7 Loans
For MSMEs with turnover up to ₹100Cr
- Treasury
- Transact Digitally
- Home
- Loans
- Loan against property
- Interest Rate On Loans
Loan Against Property Interest Rate (Mar 2026)
Make the most of your property’s value with a Loan Against Property, offering competitive interest rates to meet your financial needs. Whether it's for business expansion, education, or personal goals, leverage the value of your property for a cost-effective financing solution.
For Term Loans
| Type | Repo Rate + Spread | Effective Rate of Interest |
|---|---|---|
| Floating Rate - PSL Category | Repo Rate + 3.90% to Repo Rate + 4.75% | 9.15% - 10.00% p.a. |
| Floating Rate - Non PSL Category | Repo Rate + 4.15% to Repo Rate + 5.00% | 9.40% - 10.25% p.a. |
For Overdraft Loans
| Type | Repo Rate + Spread | Effective Rate of Interest |
|---|---|---|
| Floating Rate - PSL Category | Repo Rate + 4.15% to Repo Rate + 4.75% | 9.40% - 10.00% p.a. |
| Floating Rate - Non PSL Category | Repo Rate + 4.40% to Repo Rate + 5.00% | 9.65% - 10.25% p.a. |
Floating rate Loans linked to the External benchmark rate are calculated as follows:
- The Benchmark Rate is the RBI Repo Rate (currently at 5.25%)
- The Bank charges an additional rate over the Benchmark Rate, called spread, to arrive at the final lending rate
- The lending rate for existing customers is reset once in three months or as decided by the Bank, whichever is earlier
- The bank reviews the benchmark rate and the applicable spread at the beginning of every month. These rates are applicable till the next review
APR Calculator
The Annual Percentage Rate (APR) is a method to compute annualised credit cost, which includes interest rate and loan origination charges.
6K
15Cr
0
50L
APR
8.00%
Already Applied? Track your application here.
Keep your Application ID starting with Cl or MLP or With Pan Card handy for smooth proccess.
Track Now
Learning Hub
Look through our knowledge section for helpful blogs and articles.
Reverse mortgage 101: Eligibility and benefits
Discover how reverse mortgages can provide steady income for seniors without selling their homes. Understand the benefits, drawbacks, and eligibility requirements.
What is a Mortgage Deed and why is it required?
Essentials of a mortgage deed and how it influences your journey to homeownership
Equitable Mortgage vs Registered Mortgage: What’s the difference?
A guide to understand mortgages to make the best out of your Home Loans.
5 parts of your mortgage payment
If you are considering availing of a home loan to buy a house property this festival season...
