Up to 30-year tenure, up to ₹2.67 lakh PMAY interest subsidy for first-time buyers, and zero prepayment charges on floating rates.
Same loan amount. Same tenure. A PSU bank rate simply costs you less.
| Bank | Interest Rate | Monthly EMI (₹40.00 L, 20yr) | Total Interest | You Save |
|---|---|---|---|---|
| Bank of Baroda / SBI (via NITI) | 8.25% | ₹34,083 | ₹41.80 L | ₹12.44 L |
| HDFC Bank | 9.4% | ₹37,024 | ₹48.86 L | ₹5.38 L |
| ICICI Bank | 9.5% | ₹37,285 | ₹49.48 L | ₹4.75 L |
| Housing finance companies | 10.25% | ₹39,266 | ₹54.24 L | Baseline |
If you are paying 9.4% or more on an existing home loan, moving it to a PSU bank at 8.25% on a ₹40 lakh outstanding with 18 years left saves roughly ₹9-10 lakh in interest. We handle the entire transfer, including the no-objection letter from your current lender.
Households with income up to ₹18 lakh a year that do not own a pucca house anywhere in India can claim an interest subsidy of up to ₹2.67 lakh, credited upfront to the loan account. We check your eligibility slab and file the claim with the sanction.
Move the sliders to see your monthly EMI and how much a PSU rate saves you.
Monthly EMI
₹34,083
Total Interest
₹41.80 L
Total Payment
₹81.80 L
Four steps, mostly on WhatsApp.
Send us your requirement — loan type, amount, city. Takes 2 minutes.
We compare rates from 5+ PSU banks and share the best options within 15 minutes.
Send documents on WhatsApp. We verify and submit to the bank on your behalf.
48-72 hour approval. Money disbursed directly to you or your dealer.
NITI Financial Solutions is a loan facilitation service. We facilitate the loan application process between you and our partner banks. The final loan sanction, interest rate, and terms are determined by the respective bank based on their credit assessment.
