Data & Research
All the loan data we track, in one place. Rates, fees, scheme eligibility, and prepayment rules — sourced from official bank and RBI publications, re-verified at every rate change.
8
Banks tracked
SBI, HDFC, ICICI, Axis, Kotak, BoB, PNB, Yes
6
Loan types
Home, Personal, Education, Vehicle, Refi, Abroad
15
Active govt schemes
PMAY, Mudra, Vidyalakshmi & more
11 Aug 2026
Last verification sweep
Last full audit: 22 Feb 2026
Section 01
Rate Landscape
Current interest rate ranges across all loan types we track. The spread column shows how much rates vary by borrower profile — a wide spread means your credit score and income matter a lot.
| Loan Type | Cheapest Rate | Priciest Rate | Rate Spread | Benchmark | Banks |
|---|---|---|---|---|---|
Home Loan | 7.45% p.a. | 13.20% p.a. | 5.75% — Moderate | RLLR | 6 |
Personal Loan | 9.99% p.a. | 24.00% p.a. | 14.01% — Wide | Fixed | 5 |
Education Loan (Domestic) | 7.05% p.a. | 15.20% p.a. | 8.15% — Moderate | RLLR | 5 |
Education Loan (International) | 9.90% p.a. | 13.75% p.a. | 3.85% — Narrow | RLLR | 2 |
Car Loan | 8.35% p.a. | 18.00% p.a. | 9.65% — Wide | RLLR | 4 |
Two-Wheeler Loan | 11.70% p.a. | 25.53% p.a. | 13.83% — Wide | Fixed | 2 |
Spread = highest published rate minus the lowest. A spread above 8% means rates are highly profile-dependent — credit score, income, and LTV all significantly affect your offer. Predict your rate →
Section 02
Processing Fee Comparison
What banks charge upfront before your loan is even disbursed. These fees are negotiable — especially for large loan amounts or high credit scores.
| Bank | Home Loan | Personal Loan | Vehicle Loan | Education Loan |
|---|---|---|---|---|
| Axis Bank | 1% (min ₹10,000) | 2% (max ₹25,000) | 1% (min ₹3,500 · max ₹12,500) | 1% |
| Bank of Baroda | 0.50% (max ₹12,500) | 2% (max ₹10,000) | 0.50% (max ₹10,000) | NIL |
| HDFC Bank | 0.50% (min ₹3,000) | 2.50% (max ₹25,000) | 0.50% (max ₹10,000) | 1% (max ₹10,000) |
| ICICI Bank | 0.50% (max ₹5,000) | 2.50% (max ₹25,000) | 2% (max ₹10,000) | 1% (max ₹10,000) |
| Kotak Mahindra | 0.50% (max ₹10,000) | 3% (max ₹25,000) | 0.50% (max ₹10,000) | NIL |
| PNB | 0.35% (min ₹2,500 · max ₹15,000) | 1% | 0.35% (max ₹10,000) | NIL |
| SBI | 0.35% (min ₹2,000 · max ₹10,000) | 1.5% (min ₹1,000 · max ₹15,000) | 0.51% (min ₹1,000 · max ₹10,000) | NIL |
| Yes Bank | 1% (min ₹10,000) | 2.50% (max ₹25,000) | 2% (max ₹10,000) | 1.5% |
Processing fees are typically non-refundable even if your loan is rejected. Always confirm the exact amount in writing before paying. Full bank comparison →
Section 03
Why Fees Matter More on Short Loans
The same processing fee hits harder on a 5-year personal loan than a 20-year home loan. Here's why.
Home Loan
20 yearsLoan amount
₹50 lakh
Interest rate
8.5% p.a.
Processing fee (0.35%)
₹17,500
Fee = extra rate equivalent
~0.03% p.a.
Personal Loan
5 yearsLoan amount
₹5 lakh
Interest rate
13% p.a.
Processing fee (2%)
₹10,000
Fee = extra rate equivalent
~0.71% p.a.
The takeaway: On a home loan, fighting for a lower interest rate saves far more than waiving the processing fee. On a short personal loan, the fee can be equivalent to 0.3–0.5% in extra annual interest — worth negotiating hard on both.
Section 04
Prepayment Rules at a Glance
Whether you can pay off your loan early without penalty depends on both the loan type and whether it's floating or fixed rate.
| Loan Type | Prepayment Charge | Notes | Source |
|---|---|---|---|
| Home Loan (Floating) | NIL | Prepayment & foreclosure charges banned by RBI effective 1 Jan 2026 | RBI |
| Home Loan (Fixed) | Up to 2% | Fixed rate loans may carry a prepayment charge — confirm before signing | RBI |
| Personal Loan | 0% – 5% | No RBI mandate for fixed-rate personal loans. Charges vary widely by bank | RBI |
| Education Loan | NIL (PSU banks) | Public sector banks typically charge NIL prepayment on education loans | RBI |
| Vehicle Loan (Floating) | NIL | Floating rate vehicle loans: RBI ban on prepayment charges applies | RBI |
Section 05
Government Scheme Coverage
15 active central government schemes that reduce the cost of borrowing. Eligibility depends on income, loan purpose, and category.
| Scheme | Ministry | Benefit | Loan Purpose | Source |
|---|---|---|---|---|
PMAY 2.0 (EWS) PMAY 2.0 (Urban) – EWS Credit Linked Subsidy | Ministry of Housing & Urban Affairs | Up to ₹2,67,280 (NPV over 20 years) | Home | PMAY 2.0 Urban Portal (pmay-urban.gov.in) |
PMAY 2.0 (LIG) PMAY 2.0 (Urban) – LIG Credit Linked Subsidy | Ministry of Housing & Urban Affairs | Up to ₹2,67,280 (NPV over 20 years) | Home | PMAY 2.0 Urban Portal (pmay-urban.gov.in) |
PMAY-G Pradhan Mantri Awas Yojana – Gramin (PMAY-G) | Ministry of Rural Development | ₹1.20 lakh – ₹1.30 lakh direct grant | Home | PMAY-G Portal (pmayg.nic.in) |
MUDRA Shishu PMMY MUDRA Loan – Shishu | Ministry of Finance (MUDRA) | Collateral-free business loans up to ₹50,000 for micro-entrepreneurs starting or expanding a small business. | Business | MUDRA (mudra.org.in) |
MUDRA Kishore PMMY MUDRA Loan – Kishore | Ministry of Finance (MUDRA) | Collateral-free business loans from ₹50,001 to ₹5 lakh for established micro-enterprises seeking to scale up. | Business | MUDRA (mudra.org.in) |
MUDRA Tarun PMMY MUDRA Loan – Tarun | Ministry of Finance (MUDRA) | Business loans from ₹5 lakh to ₹10 lakh for well-established small businesses requiring growth capital. | Business | MUDRA (mudra.org.in) |
PM SVANidhi PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) | Ministry of Housing & Urban Affairs | 7% interest subsidy + up to ₹50,000 loan | Business | PM SVANidhi Portal |
CSIS Central Sector Interest Subsidy Scheme (CSIS) | Ministry of Education | 100% interest covered during moratorium | Education | Vidya Lakshmi Portal (vidyalakshmi.co.in) |
CGFSEL Credit Guarantee Fund Scheme for Education Loans (CGFSEL) | Ministry of Education / National Credit Guarantee Trustee Company | 70% guarantee cover on loans up to ₹20 lakh | Education | NCGTC — CGFSEL |
Dr. Ambedkar Scheme Dr. Ambedkar Central Sector Scheme of Interest Subsidy | Ministry of Social Justice & Empowerment | 100% interest covered during moratorium | Education | Ministry of Social Justice (socialjustice.gov.in) |
SBI Scholar Loan SBI Scholar Loan Scheme | State Bank of India (Public Sector) | Education loans up to ₹40 lakh without collateral for students admitted to premium institutes (IITs, IIMs, NITs, AIIMS, NLUs and 130+ listed institutions). No processing fee, lower interest rates. | Education | SBI Scholar Loan – SBI official site |
Karnataka RGRHCL Karnataka Rajiv Gandhi Rural Housing Corporation Scheme | Karnataka Rajiv Gandhi Rural Housing Corporation (State) | Up to ₹1.50 lakh (varies by category) | Home | Ashraya Karnataka (ashraya.karnataka.gov.in) |
MHADA Lottery MHADA Lottery Housing Scheme (Maharashtra) | Maharashtra Housing and Area Development Authority (State) | 20–40% below market price | Home | MHADA (mhada.gov.in) |
TNHB Scheme Tamil Nadu Housing Board (TNHB) Scheme | Tamil Nadu Housing Board (State) | Below market rate pricing | Home | TNHB (tnhb.gov.in) |
UP Awas Vikas UP Awas Vikas Parishad Housing Scheme | Uttar Pradesh Awas Vikas Parishad (State) | Below market rate (varies by scheme and city) | Home | UP Awas Vikas (upavas.org) |
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How we verify every number
Our editorial process, source URLs, last-verified dates, and RBI compliance notes — all in one place.
Data sourced from official bank websites and RBI publications. Last full audit: 22 Feb 2026. Rates are indicative — final offers depend on your credit profile and the bank's current policy. Always verify directly with your bank before applying.