LIST OF 10 INSTITUTES PROVIDING HOME LOAN WITH RATE OF INTEREST

List of ten financial institutions providing home loan with latest updated interest rates ( as per on April 2015).

S.no	Institution Name	Floating Interest rate
1.	S.B.I (State bank of India)	9.85% for women 9.90% for others
2.	ICICI Bank	9.85 %for women 9.90 %for others
3.	LIC Housing Finance	10.10%( fixed for two years)
4.	Axis bank home loan	9.90-10.45%
5.	HDFC Bank	9.90-10.40%
6.	IDBI	10.25%
7.	DHFL	10.15%
8.	PNB Bank	10.25%
9.	India bulls home loan	10.15% (upto 25lakh)then 11%
10.	Allahabad bank	10.25%

Latest tax rebate update: Under sec.24B of the income tax act the maximum deduction which is allowed is Rs2 lakh. This limit was increased from Rs 1.5 lakh in the last year budget. Exemption under section 80C is also allowed for principal repayments of Rs 1.5 lakh in the case of self-occupied house. According to RBI credit data the total housing loan credit in 2014 was approx. 6 Lakh crore