Our Data Methodology
Every rate, fee, and figure on The Credit Compass is sourced directly from official bank websites and RBI publications. No estimates, no aggregation, no guesses — just verified primary sources with exact URLs and verification dates.
How We Verify Data
Editorial Process
Primary Source Only
We only use data from official bank websites, RBI circulars, and government portals. No third-party aggregators or financial media.
Canonical URL Strategy
We always link to a bank's canonical product landing page (e.g. homeloans.sbi), never to deep sub-pages like /interest-rates that break when banks restructure their sites.
Regular Re-verification
Rates are re-checked whenever the RBI changes the repo rate or a bank announces a rate revision. The last verified date is shown on every entry.
Regulatory Tracking
We monitor RBI circulars and policy updates. When regulations change — like the January 2026 prepayment penalty ban — we update all affected data and red flag entries immediately.
Last full audit: 22 February 2026 · RBI repo rate: 5.25% (cut Dec 5, 2025)
Rates shown below are indicative. Final rates depend on your credit profile, loan amount, tenure, and the bank's current policy at the time of application. Always confirm the current rate directly with your bank before applying.
Recent Policy Changes
Regulatory Updates
RBI Prepayment Penalty Ban — effective 1 January 2026
RBI has banned prepayment and foreclosure penalties on all floating-rate home loans for individual borrowers, including partial prepayments. All rate data, red flag descriptions, and loan page content have been updated to reflect this. Source: rbi.org.in
RBI Repo Rate Cut — 25 bps to 5.25% (December 5, 2025)
The RBI cut the repo rate by 25 basis points to 5.25% on December 5, 2025. Stance: Neutral (held at Feb 4–6, 2026 MPC meeting). All EBLR/RLLR-linked floating rate data (home, personal, vehicle, education) has been updated to reflect the lower rate environment as of this audit (22 Feb 2026).
Official Resources
Key Government Portals
Jan Samarth Portal
Government of India's one-stop digital platform for 15 credit-linked schemes (Mudra, Education, Agriculture, PM-Surya Ghar solar financing, and more). Apply directly for subsidised loans without visiting a bank.
RBI Banking Ombudsman
File complaints against banks for overcharging, forced insurance bundling, or prepayment penalty violations. Free, fast, and effective for retail borrowers.
Vidyalakshmi Portal
Single-window platform to compare and apply for education loans from multiple banks with one application form.
PMAY 2.0 Portal
Check eligibility and apply for Pradhan Mantri Awas Yojana 2.0 interest subsidy on home loans across EWS and LIG income categories. Alternate: jansamarth.in
Source Audit
Home Loans
| Bank | Rate | Type | Source | Last Verified | Status |
|---|---|---|---|---|---|
ICICI Bank RLLR | 7.45–9.80% p.a. | floating | ICICI Bank — Home Loan | 22 Feb 2026 | Verified |
Bank of Baroda RLLR | 7.45–10.20% p.a. | floating | Bank of Baroda — Home Loans | 22 Feb 2026 | Verified |
SBI RLLR | 7.50–10.75% p.a. | floating | SBI Home Loans — Official Site | 22 Feb 2026 | Verified |
Kotak Mahindra RLLR | 7.70–12.00% p.a. | floating | Kotak Mahindra Bank — Home Loan | 22 Feb 2026 | Verified |
HDFC Bank RLLR | 7.75–13.20% p.a. | floating | HDFC Bank — Home Loan | 22 Feb 2026 | Verified |
Axis Bank RLLR | 8.35–11.90% p.a. | floating | Axis Bank — Home Loan | 22 Feb 2026 | Verified |
Education (Domestic)
| Bank | Rate | Type | Source | Last Verified | Status |
|---|---|---|---|---|---|
SBI Student Loan RLLR | 7.05–10.70% p.a. | floating | SBI Student Loan — Official Page | 22 Feb 2026 | Verified |
SBI Scholar Loan RLLR | 8.15–9.95% p.a. | floating | SBI Scholar Loan Scheme — Official Page | 22 Feb 2026 | Verified |
HDFC Credila RLLR | 9.95–11.95% p.a. | floating | HDFC Credila — Education Loan | 22 Feb 2026 | Verified |
Axis Bank RLLR | 13.70–15.20% p.a. | floating | Axis Bank — Education Loan | 22 Feb 2026 | Verified |
Personal Loans
| Bank | Rate | Type | Source | Last Verified | Status |
|---|---|---|---|---|---|
Axis Bank Fixed | 9.99–21.50% p.a. | fixed | Axis Bank — Personal Loan | 22 Feb 2026 | Verified |
ICICI Bank Fixed | 9.99–16.50% p.a. | fixed | ICICI Bank — Personal Loan | 22 Feb 2026 | Verified |
HDFC Bank Fixed | 9.99–24.00% p.a. | fixed | HDFC Bank — Personal Loan | 22 Feb 2026 | Verified |
SBI Fixed | 10.05–15.00% p.a. | fixed | SBI Xpress Credit — Personal Loan | 22 Feb 2026 | Verified |
Vehicle (Car)
| Bank | Rate | Type | Source | Last Verified | Status |
|---|---|---|---|---|---|
ICICI Bank RLLR | 8.35–11.55% p.a. | floating | ICICI Bank — Car Loan | 22 Feb 2026 | Verified |
SBI RLLR | 8.80–9.85% p.a. | floating | SBI New Car Loan Scheme | 22 Feb 2026 | Verified |
HDFC Bank RLLR | 10.75–18.00% p.a. | floating | HDFC Bank — Car Loan | 22 Feb 2026 | Verified |
Vehicle (2-Wheeler)
| Bank | Rate | Type | Source | Last Verified | Status |
|---|---|---|---|---|---|
SBI Fixed | 11.70–15.70% p.a. | fixed | SBI Two-Wheeler Loan | 22 Feb 2026 | Verified |
HDFC Bank Fixed | 14.50–25.53% p.a. | fixed | HDFC Bank — Two-Wheeler Loan | 22 Feb 2026 | Verified |
Spot an error?
If you find a rate that has changed or a broken source link, we want to know. The Credit Compass is committed to accuracy above all else.