Home Loan Mortgage Rates are Softening...!.

Leading HFCs and banks (ICICI, SBI, BOB, etc.) have announced 0.25-1% cut in

the mortgage rates over the recent months. Few banks are also waiving off the

processing fees to attract borrowers.

Mortgage rates are likely to soften further given

easing system liquidity and expectations of policy rate cuts ahead.

Home Loan Mortgage Rates Across key players

State Bank of India 9.95% to 10.10%

ICICI Bank 10.25%  to 10.75%

HDFC 10.15% to 10.40%

LIC Housing  10.25% to 11.4%

Source: J.P. Morgan

J.P. Morgan India Private Limited

India Property

Saurabh Kumar AC

(91-22) 6157-3590

saurabh.s.kumar@jpmorgan.com

Gunjan Prithyani

(91-22) 6157-3593

gunjan.x.prithyani@jpmorgan.com

Share: