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Int Rate History

This document lists interest rates for home loans in India from 1994 to 2012. It provides the interest rate (SBAR) for different time periods, with rates ranging from 12.5% to 15% in the 1990s, and 8% to 13.75% from 2000 onwards. Starting in 2011, interest rates are listed based on loan amount, with rates of 8.5-10% for loans up to Rs. 30 lacs, 8.5-10% for loans from Rs. 30-75 lacs, and 8.5-10% for loans over Rs. 75 lacs.

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173 views16 pages

Int Rate History

This document lists interest rates for home loans in India from 1994 to 2012. It provides the interest rate (SBAR) for different time periods, with rates ranging from 12.5% to 15% in the 1990s, and 8% to 13.75% from 2000 onwards. Starting in 2011, interest rates are listed based on loan amount, with rates of 8.5-10% for loans up to Rs. 30 lacs, 8.5-10% for loans from Rs. 30-75 lacs, and 8.5-10% for loans over Rs. 75 lacs.

Uploaded by

supriyapaul
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
You are on page 1/ 16

Interest Rates of Home Loans wef 01/03/1994 T

From
dd/mm/yyyy

To dd/mm/yyyy

SBAR

up to Rs 25000

3/1/1994
1/18/1994
3/1/1995
5/1/1995
11/10/1995
10/1/1996
1/1/1997
4/1/1997
7/1/1997
11/1/1997
1/22/1998
4/2/1998
5/1/1998
7/1/1998
3/1/1999
2/1/2000

10/17/1994
2/28/1995
4/30/1995
11/9/1995
9/30/1996
12/31/1996
3/31/1997
6/30/1997
10/31/1997
1/21/1998
4/1/1998
4/30/1998
6/30/1998
2/28/1999
1/31/2000
5/10/2000

15.00%
14.00%
15.00%
15.50%
16.50%
15.50%
14.50%
14.00%
13.50%
13.00%
14.00%
13.50%
13.00%
13.00%
12.00%
12.00%

12.50%
12.50%
12.50%
12.50%
12.50%
12.50%
12.50%
12.24%
12.24%
12.24%
12.24%
12.24%
12.24%
12.24%
12.24%
12.24%

From

To

SBAR

5/11/2000
8/12/2000
2/19/2001
3/17/2001
4/1/2001
9/15/2001

8/11/2000
2/18/2001
3/16/2001
3/31/2001
9/14/2001
12/31/2001

11.50%
12.00%
12.00%
12.00%
12.00%
12.00%

1/1/2002

3/31/2002

12.00%

From
4/1/2002

To
6/30/2002

SBMTLR
11.50%

7/1/2002

8/15/2002

11.50%

8/16/2002

1/31/2003

11.25%

11/1/2002

1/31/2003

2/1/2003

5/4/2003

11.25%

5/5/2003

6/15/2003

11.00%

Floating
Fixed above 10 years
Floating
Fixed above 10 years

Floating
Fixed
Floating
Fixed
Floating
Fixed

Floating
Fixed
Floating
Fixed

6/16/2003

9/30/2003

11.00%

Floating
Fixed

10/1/2003

12/31/2003

11.00%

01-01-2004 11/28/2004
PB/19A/1002 dt.
January 7, 2004

SBAR
10.25%

Floating
Fixed
Floating

Fixed
From

To

29-11-2004 2/28/2006
PB/HL/IR/ 1092
dt. 27th
November 2004

SBAR
10.25%

Floating

Fixed
From

To

SBAR

01-03-2006
PBBU/HL/IR/
585 dt. 21st
February 2006

4/30/2006

10.25%

From

To

01-05-2006 8/1/2006
No.PBBU/HL/IR/
45 dt.29.4.2006

02-08-2006 2/11/2007
PBBU/HL/IR/269
dt.2nd August
2006

Floating

Fixed
SBAR

Floating

10.75%

Fixed
Floating

11.00%

Fixed

From

SBAR

To

12-02-2007 2/19/2007
No.PBBU/HL/IR/
606 Date : 10th
February, 2007

Floating

11.50%

Fixed
SBAR

20-02-2007 4/8/2007
No.PBBU/HL/IR/
628 Date : 20th
Feb. 2007
09-04-2007 2/16/2008
No.PBBU/HL/IR/
13 Date : 9th
April, 2007

Floating

12.25%

Fixed
Floating

12.75%

Fixed

10/8/2007

12/31/2007

17-2-2008 - Cir. 26/6/2008


No.PBBU/HL/IR/
44 Date : 14th
February 2008

Up to 20 lac12.75%
above 20 lac
Floating
SBAR
Up to 20 lac12.50%

above 20 lac
27-02-2008
SBAR CHANGE

12.25%

27-06-2008 8/11/2008
No.PBBU/HL/IR/
18 DT.27.6.2008

upto Rs 30 12.75%
lac
above 30
lac

12-08-2008 - Cir. 9/2/2008


No.
PBBU/HL/IR/22
Dated 13th
August 2008

upto Rs 30 13.75%
lac
Above 30
Lacs

03-09-2008 - Cir. 11/9/2008


No.
PBBU/HL/IR/23
Dated 2nd
September 2008

upto Rs 30 13.75%
lac
Rs 30 lac
to 75 lacs
Above 75
lacs

10-11-2008 - Cir. 12/31/2008


No.
PBBU/HL/IR/31
Dated - 8th
November 2008

SBAR
upto Rs 30 13.00%
lac
Rs 30 lac
to 75 lacs

10-11-2008 - Cir.
No.
PBBU/HL/IR/31
Dated - 8th
November 2008

01-01-2009 28/6/2009
PBBU/HL/IR/ 42
DT.29th
December 2008

Above 75
lacs

upto Rs 30 12.25%
Lacs
Rs 30 lac
to 75 lacs
Above 75
lacs

Cir.No.
PBBU/HL/AX/46
DT.31.01.2009
SBI Happy-Home
Loan Offer &
SBI Lifestyle
Loan w.e.f 2nd
February 2009 to
30th April, 2009
Cir.No.
PBBU/HL/PM/02
DT.27.04.2009 Extension upto
30th September
2009
6/29/2009

02-02-2009 6/30/2009
PBBU/HL/AX/46
DT. 31.01.2009
SBI Happy
Home Loan
Offer
01-07-2009 9/30/2009
PBBU/HL/AX/04
DT. 23.06.2009 Easy Home
Loan

upto Rs 30 11.75%
Lacs
Rs 30 lac
to 75 lacs
Above 75
lacs
SBI Happy 8% fixed for one year upto 30th April 2010
Home
& extened upto 30th sep 2009
Loan Offer

SBI Easy
Home
Loan Upto
Rs.30
Lacs

Int. Rate First year 8% p.a. & Fixed Int


Rate for next two years 9% p.a.

SBI
Int. Rate First year 8% p.a. & Fixed Int
01-07-2009 9/30/2009
Advantage Rate for next two years 9.5% p.a.
Cir.No.
Home
PBBU/HL/PM/05
Loan - Date:23rd
Above
June, 2009 30.6.2009 Cir.No. PBBU/HL/PM/06 dt.23.06.2009 Spl HL Closed on 30th June 2009

29-6-2009 Cir.
No.
PBBU/HL/IR/08
dt 30th June
2009

8/7/2009

upto Rs 30 11.75%
lac
Rs 30 to
75 lac
Above Rs
75 lac
Cir:PBBU/HL/PM/20 DT.26.11.2009 - CRE HOME LOAN INT. RATE = NORMAL RATE + 0.25% - ONLY TERM LOAN
SBAR
For first year
08-08-2009 - SBI 31/3/2010
My Home
Campaign ( 8th
August 2009 to
7th November
SBI Easy upto 50 11.75%
8.00%
2009) -Cir. No.
PBBU/HL/PM/11 lacs
dt 05.08.2009
extnded by Cir.
SBI Advantage
11.75%
8.00%
No.
above
50
lacs
PBBU/HL/PM/17
dt.6th November
2009 upto
SBAR
01-04-2010 4/30/2010
Cir:PBBU/HL/PM
/27 dated
28.03.2010
SBI Easy upto 50 11.75%
lacs

SBI Advantage
above 50 lacs

01-07-2010 Cir. 9/30/2010


No.
PBBU/HL/PM/10
dt.30th June
2010 - EASY,
ADVANTAGE HL

8.00%

8.00%

SBAR
01-05-2010 - Cir. 30/6/2010
No.
PBBU/HL/PM/2
dt.29th April
SBI Easy upto 50 11.75%
2010 - EASY,
ADVANTAGE HL lacs

SBI Advantage
above 50 lacs

For first year

For first year

8.00%

8.00%

BASE RATEFor first year

01-07-2010 Cir.
No.
PBBU/HL/PM/10
dt.30th June
SBI Easy upto 50 7.50%
2010 - EASY,
ADVANTAGE HL lacs
SBI Advantage
above 50 lacs

7.50%

8%

8%

BASE RATEFor first year


01-10-2010 10/20/2010
Maxgain raised
to Rs.1 Crore
Cir. No.
8%
PBBU/HL/PM/22 SBI Easy upto 50 7.50%
lacs
dt.27th
September 2010
SBI Advantage
7.50%
8%
above 50 lacs
21-10-2010 Cir. No.
PBBU/HL/PM/26
dt. 26th October
2010 - Easy,
Advantage

7.60%
1/2/2011
SBI Easy upto 50 7.60%
lacs

03-01-2011 Cir.No.
PBBU/HL/PM/40
Dt. 01st January,
2011 - Easy,
Advantage,
Premium HL

13-02-2011 -SBI 8.00%


Easy upto 30 lacs

8.50%

SBI Advantage
above 30 lacs
upto 75 lacs
SBI Premium
above 75 Lacs
Upto Rs. 30.00
lacs

8.00%

8.50%

8.00%

1.75% above BR

Vanilla Home
Loan on
floating interest
rate (New
Loans):

SBI Advantage
above 50 lacs

7.60%

Above Rs. 30.00


lacs and upto Rs.
75.00 lacs
Above Rs. 75.00
lacs
14-02-2011 - Cir. 31-03-2011 - SBI 8.25%
No.
Easy upto 30 lacs
PBBU/HL/IR/48
dt. 12th February SBI Advantage
above 30 lacs
2011 - Easy,
upto 75 lacs
Advantage,
SBI Premium
Premium HL
above 75 Lacs
01-04-2011 - Cir. 30-04-2011 - SBI 8.25%
No.
Easy upto 30 lacs
PBBU/HL/PM/55
SBI Advantage
8.25%
dt. 31st March
above
30
lacs
2011 - Easy,
upto 75 lacs
Advantage,
Premium,
Premium Plus
HL

8%

8%

1.50% above Base Rate

1.75% above Base Rate

1.75% above Base Rate


8.75%

8.75%

1.75% above Base Rate


8.75%

8.75%

No.
PBBU/HL/PM/55
dt. 31st March
2011 - Easy,
Advantage,
SBI Premium
8.25%
1.75% above Base Rate
Premium,
above 75 Lacs to
Premium Plus
5 crores
HL
SBI Premium
8.25%
2.00% above Base rate
plus above 5
Crores
End of Teaser Rate regime. No fixed Interest Rates Home Loan Sanctions.
01-05-2011 - Cir.
No.
PBBU/HL/PM/3
dt. 20th April
2011

11-05-2011 -Upto 8.50%


Rs. 30.00 lacs

1.00% above Base Rate

Above Rs. 30.00 8.50%


lacs and upto Rs.
75.00 lacs

1.25% above Base Rate

Above Rs. 75.00


lacs
12-05-2011 - Cir. 10-07-2011 No. RE/HL/IR/10 Upto Rs. 30.00
dt.12th May 2011 lacs

8.50%

1.75% above Base Rate

9.25%

1.00% above Base Rate

Above Rs. 30.00 9.25%


lacs and upto Rs.
75.00 lacs

1.25% above Base Rate

Above Rs. 75.00 9.25%


lacs
9.50%
11-07-2011 - Cir. 12-08-2011 No. RE/HL/IR/27 Upto Rs. 30.00
dt. 11th July
lacs
2011
Above Rs. 30.00 9.50%
lacs and upto Rs.
75.00 lacs

1.75% above Base Rate

Above Rs. 75.00 9.50%


lacs
10.00%
13-08-2011 - Cir. Upto Rs. 30.00
No. RE/HL/IR/30 lacs
dt. 12th August
2011
Above Rs. 30.00 10.00%
lacs and upto Rs.
75.00 lacs

1.75% above Base Rate

Above Rs. 75.00


lacs
21-04-2012 - Cir. Upto Rs. 30.00
No. RE/HL/PM/5 lacs
dt. 21st April
2012

10.00%

1.25% above Base Rate

10.00%

0.75% above Base Rate

1.00% above Base Rate

1.25% above Base Rate

0.75% above Base Rate

1.00% above Base Rate

21-04-2012 - Cir.
No. RE/HL/PM/5
dt. 21st April
2012

RE/HL/IR/21
dated 6th
August 2012

Above Rs. 30.00 10.00%


lacs and upto Rs.
75.00 lacs

1.00% above Base Rate

Above Rs. 75.00


lacs

10.00%

1.25% above Base Rate

Upto Rs 30 lacs

10.00%

0.25 % above Base Rate

Above rs 30 lacs

10.00%

0.40% abobe Base rate

9.75%

0.25 % above Base Rate

9.75%

0.40% abobe Base rate

RE/HL/IR/26 Upto Rs 30 lacs


dated 20th
September 2012
Above rs 30 lacs

RE/HL/IR/47 Upto Rs 30 lacs 9.70%


dated
31/01/2013.(w.e
Above rs 30 lacs 9.70%
.f. 04/02/2013)

0.25 % above Base Rate

RE/HL/IR/22 Upto Rs 30 lacs 9.80%


dated 24th
September,
Above rs 30 lacs 9.80%
2013 (w.e.f 1st
October, 2013)

0.30 % above Base Rate

RE/HL/IR/25 Upto Rs 30 lacs 10.00%


Date: 6th
November, 2013
Above rs 30 lacs 10.00%
(w.e.f. 7th
November,
2013)
Upto Rs 75 lacs 10.00%
RE/HL/IR/29

0.30 % above Base Rate

Date: 19th
December, 2013
Above rs 75 lacs 10.00%
(w.e.f. 20th Dec,
2013)

0.40% abobe Base rate

0.50% abobe Base rate

0.50% abobe Base rate

For Women : 0.10 % above Base Rate;


For Others 0.15% above Base Rate
For Women : 0.25 % above Base Rate;
For Others 0.30% above Base Rate

tes of Home Loans wef 01/03/1994 TO date


> Rs25000 up to <Rs 2 lacs

> Rs 2 lacs up
to Rs 3 lacs

>Rs 3 lacs up to >Rs 5 lacs


Rs 5 lacs
up to 10
lacs
16.00%
16.00%
16.00%
16.00%
17.25%
17.25%
17.75%
17.75%
18.75%
18.75%
17.75%
17.75%
17.00%
17.00%
16.57%
16.57%
16.06%
16.57%
15.55%
16.06%
16.57%
17.08%
16.06%
16.57%
15.55%
16.06%
14.28%
15.30%
13.26%
14.28%
13.26%
13.77%

>Rs 10
lacs up to
15 lacs
16.00%
16.00%
17.25%
17.75%
18.75%
17.75%
17.00%
16.57%
16.57%
16.06%
17.08%
16.57%
16.06%
15.30%
14.28%
14.28%

14.50%
14.00%
14.00%
14.00%
14.00%
14.00%
14.00%
13.77%
13.77%
13.26%
13.77%
13.77%
13.26%
13.26%
12.24%
12.24%

15.00%
15.00%
16.00%
16.50%
17.75%
16.50%
16.50%
16.32%
15.81%
15.30%
16.32%
15.81%
15.30%
14.28%
13.26%
13.26%

> Rs 15
lacs

Up to 5 years

> 5 years up to 10 years

above 10 years

11.50%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
11.50%
12.00%

12.50%
13.00%
13.00%
12.50%
12.50%
12.00%
12.00%
11.50%
12.00%

12.75%
13.25%
13.25%
12.50%
12.50%
12.00%
12.50%
11.50%
12.50%

Up to 5 years
10.50%
10.75%
10.00%
10.25%
9.75%
10.00%

> 5 years up to 10 years


11.00%
11.25%
10.50%
10.75%
10.25%
10.50%

above 10 years
11.00%
11.50%
11.00%
11.25%
10.75%
11.00%

9.00%
9.25%
8.75%
9.00%

9.00%
9.25%
8.75%
9.00%

9.50%
9.75%
9.25%
9.50%

16.00%
16.00%
17.25%
17.75%
18.75%
17.75%
17.00%
16.57%
16.57%
16.06%
17.08%
16.57%
16.06%
15.30%
14.28%
14.79%

8.00%
8.25%

8.75%
9.00%

9.25%
9.50%

7.75%
8.00%
7.50%

8.25%
8.50%
8.00%

8.50%
8.75%
8.25%

8.00%

8.75%

9.00%

Up to 5 years

above 15 years

8.00%

> 5 up to 15
years
8.50%

8.50%

9.00%

9.25%

Up to 5 years

> 5 up to 10
years
8.75%

> 10 up to 15
years
9.00%

above 15
years
9.25%

9.25%
Upto 5 years

9.50%
5 years to 10
years

10 years to 15
years

8.75%

9.25%

9.25%

15 years
to 20
years
9.75%

9.50%
9.00%

9.75%
9.50%

10.00%

10.00%

9.75%

10.00%

Upto 5 years

5 years to 15
years
10.00%

15 years to 20
years
10.00%

11.50%
5 years to 20
years

Upto 10 years

8.50%

9.50%

11.50%
Upto 5 years

8.75%

10.25%

10.75%

12.25%
10.75%

11.25%

12.75%
upto 5 years
10.00%
10.25%

5 yrs to 15 yrs
10.25%
10.50%

15 yrs to 20 yrs
10.50%
10.75%

Fixed
12.75%
12.75%

upto 5 years
10.00%

5 yrs to 15 yrs
10.25%

15 yrs to 20 yrs
10.50%

Fixed
12.75%

10.25%

10.50%

10.75%

12.75%

10.50%

10.75%

11.00%

12.75%

10.75%

11.00%

11.25%

12.75%

10.50%

10.75%

11.00%

12.75%

11.75%

12.00%

12.25%

13.75%

10.50%

10.75%

11.00%

11.75%

12.00%

12.25%

11.75%

12.00%

12.50%

upto 5 years
9.75%

5 yrs to 15 yrs
10.00%

15 yrs to 25 yrs
10.25%

12.00%

11.00%

11.25%

11.50%

13.00%

11.00%

11.25%

11.75%

13.00%

9.75%

10.00%

10.25%

11.25%

10.25%

10.50%

10.75%

12.25%

10.25%

10.50%

11.00%

12.25%

9.25%

9.50%

9.75%

10.75%

9.75%

10.00%

10.25%

11.75%

9.75%

10.00%

10.50%

11.75%

Fixed reset period 5 years

4th year onwards 2% below SBAR

Fixed rate loan 1% below SBAR


4th year onwards 1.5% below SBAR
Fixed rate loan 0.5% below SBAR

9.25%

9.50%

9.75%

10.75%

9.75%

10.00%

10.25%

11.75%

9.75%

10.00%

10.50%

11.75%

4 th year
onwards (if
opted for
Floating)

4 th year
onwards (if
opted for Fixed)
reset period 5yrs

8.50%

2.75% below
SBAR

9.00%

1.75% below
SBAR

1.25 % below
SBAR with reset
frequency of 5
years
0.75% below
SBAR with reset
frequency of 5
years .

Next 2 years

4 th year
onwards (if
opted for
Floating)

4 th year
onwards (if
opted for Fixed)

9.00%

1.75% below
SBAR, i.e.
10.00%

0.75% below
SBAR, with a
reset frequency
of 5 years.

9.00%

1.75% below
SBAR, i.e.
10.00%

0.75%
below
SBAR, with a
reset frequency
of 5 years .

Next 2 years

4 th year
onwards (if
opted for
Floating)
2.50% below
SBAR

4 th year
onwards (if
opted for Fixed)

L RATE + 0.25% - ONLY TERM LOAN


Next 2 years

9.00%

9.00%

2% below
SBAR

Next 2 years

4 th year
onwards (if
opted for
Floating)

0.75% below
SBAR, with a
reset frequency of
5 years.
0.75% below
SBAR, with a
reset frequency of
5 years .
4 th year
onwards (if
opted for Fixed)

9%

1.75% above
BR

9%

2.25% above
BR

Next 2 years

4 th year
onwards (if
opted for
Floating)
1.75% above
BR

9%

3.50% above the


Base Rate reset
freq 5 yrs
3.50% above the
Base Rate reset
freq 5 yrs
4 th year
onwards (if
opted for Fixed)
3.50% above the
Base Rate reset
freq 5 yrs
3.50% above the
Base Rate reset
freq 5 yrs

9%

2.25% above
BR

9%

1.75% above
BR

9%

2.25% above
BR

9.25%

1.50% above
Base Rate

9.25%

1.75% above
BR

No Fixed Rate

1.75% above BR

1.75% above
BR

No Fixed Rate

3.50% above the


Base Rate reset
freq 5 yrs
3.50% above the
Base Rate reset
freq 5 yrs
No Fixed Rate

9.50% p.a.

10.50%

9.75% p.a.

11.25%

9.75% p.a.
9.50%

1.50% above
Base Rate

9.50%

1.75% above
Base Rate

1.75% above Base Rate

1.75% above
Base Rate
1.50% above
Base Rate

9.50%

9.50%

1.75% above
Base Rate

1.75% above Base Rate

1.75% above
Base Rate

2.00% above Base rate

2.00% above
Base rate

st Rates Home Loan Sanctions.


9.50% p.a.

9.75% p.a.

11% - Fixed for


old HL upto
Rs.30 Lacs
11.75% fixed
rate for old HL
loans above
Rs.30 Lacs

10.25% p.a.
10.25% p.a.

11.75% - Fixed
for old HL upto
Rs.30 Lacs

10.50% p.a.

12.50% fixed
rate for old HL
loans above
Rs.30 Lacs

11.00% p.a.
10.50% p.a.

12.00% - Fixed
for old HL upto
Rs.30 Lacs

10.75% p.a.

12.75% fixed
rate for old HL
loans above
Rs.30 Lacs

11.25% p.a.
10.75% p.a.

12.50% - Fixed
for old HL upto
Rs.30 Lacs

11.00% p.a.

13.25% fixed
rate for old HL
loans above
Rs.30 Lacs

11.25% p.a.
10.75% p.a.

12.50% - Fixed
for old HL upto
Rs.30 Lacs

11.00% p.a.

13.25% fixed
rate for old HL
loans above
Rs.30 Lacs

11.25% p.a.

No fixed Rate
option
10.25%

10.40%
No fixed Rate
option
10.00%

10.15%
9.95%

No fixed Rate
option

10.10%
10.10%

No fixed Rate
option

10.30%
10.30%

No fixed Rate
option

10.50%
For Women :10.10% ; For Others :
10.15%
For Women :10.25% ; For Others :
10.30%

No fixed Rate
option

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