Indian Bank Loan interest rates · November 2026
- Every rate from the bank's own page, with a link to it
- No referral fees, no ads, no “apply now”
- Checked 15 Nov 2026
What will my home loan cost at Indian?
The lowest rate in each band goes to the bank's best-placed borrowers. Before charges and insurance; a floating rate moves with the bank's benchmark.
Indian loan interest rates
Every band the bank publishes, a year. The lowest rate in each band goes to its best-placed borrowers.
Bank's page ↗ · Checked 15 Nov 2026
| Loan and borrower | From | Up to | Linked to | Effective on | Source |
|---|---|---|---|---|---|
Home loan Home Loan for EWS, LIG & MIG Individuals: Urban Areas |
7.40% | 8.80% | Floating | Not stated ✓ verified 15 Nov 2026 |
|
Home loan IB Home Loan (CRE) |
7.90% | 9.30% | Floating | Not stated ✓ verified 15 Nov 2026 |
|
Home loan IB Home Loan Plus |
7.90% | 10.05% | Floating | Not stated ✓ verified 15 Nov 2026 |
|
Home loan IB Home Loan, IB Home Loan (NRI) |
7.35% | 8.80% | Floating | Not stated ✓ verified 15 Nov 2026 |
|
Loan against property Ind Mortgage (Term Loan) |
9.20% | 11.10% | Floating | Not stated ✓ verified 15 Nov 2026 |
|
Car loan IB Vehicle Loan |
7.75% | 9.10% | Floating | Not stated ✓ verified 15 Nov 2026 |
|
Car loan IB Vehicle Loan (Eco Vahan ) |
7.75% | 9.05% | Floating | Not stated ✓ verified 15 Nov 2026 |
|
Car loan IB Vehicle Loan for Purchase of User Car $ |
9.80% | 11.90% | Floating | Not stated ✓ verified 15 Nov 2026 |
|
Two-wheeler loan Vehicle Loan for Purchase of 2 Wheeler |
9.15% | 10.65% | Floating | Not stated ✓ verified 15 Nov 2026 |
|
Gold loan Jewel Loan (Non-Priority) - Term Loan with Bullet Repayment (3M, 6M, 12M) |
9.35% | 9.35% | Floating | Not stated ✓ verified 15 Nov 2026 |
|
Education loan Education Loan |
7.30% | 10.40% | Floating | Not stated ✓ verified 15 Nov 2026 |
|
Education loan IB SKILL Loan |
9.70% | 9.70% | Floating | Not stated ✓ verified 15 Nov 2026 |
|
Education loan PM VIDYALAXMI |
7.30% | 8.70% | Floating | Not stated ✓ verified 15 Nov 2026 |
|
Personal loan Online Personal Loan to Salaried Customers |
11.30% | 11.30% | Floating | Not stated ✓ verified 15 Nov 2026 |
How Indian compares
Each bank's lowest published rate, and what the same loan would cost a month there. Before charges.
Home loan · EMI on ₹50 lakh over 20 years
Loan against property · EMI on ₹30 lakh over 15 years
Car loan · EMI on ₹8 lakh over 5 years
Two-wheeler loan · EMI on ₹1.5 lakh over 3 years
Gold loan · EMI on ₹2 lakh over 1 years
Education loan · EMI on ₹10 lakh over 7 years
The rates Indian's loans are linked to
A floating loan's rate is one of these plus a spread fixed when you borrow. When it moves, your EMI or your term moves at the next reset.
MCLR by reset period · from 3 Nov 2026
| Reset period | Compared | MCLR |
|---|---|---|
| Overnight | 8.00% | |
| 1 month | 8.30% | |
| 3 months | 8.60% | |
| 6 months | 8.85% | |
| 1 year | 8.95% |
A loan on MCLR resets at the end of its period, most often one year, to the MCLR then plus its spread. If yours is still on MCLR, you can ask to move it to the repo-linked rate.
| Older benchmark | Rate | Effective from |
|---|---|---|
| Base rate | 9.55% | 3 Oct 2026 |
| Benchmark prime lending rate (BPLR) | 13.80% | 3 Oct 2026 |
Loans taken before April 2016 may still be linked to these.
Official Checked 15 Nov 2026 · Bank's page 1 · Bank's page 2
Indian loans: frequently asked questions
What is the Indian home loan interest rate?
As of 15 Nov 2026, Indian Bank publishes home loan rates of 7.35% to 10.05% a year (floating). The rate you are offered depends on your credit score, income and the loan amount.
What is the Indian loan against property interest rate?
As of 15 Nov 2026, Indian Bank publishes loan against property rates of 9.20% to 11.10% a year (floating). The rate you are offered depends on your credit score, income and the loan amount.
What is the Indian car loan interest rate?
As of 15 Nov 2026, Indian Bank publishes car loan rates of 7.75% to 11.90% a year (floating). The rate you are offered depends on your credit score, income and the loan amount.
What is the Indian two-wheeler loan interest rate?
As of 15 Nov 2026, Indian Bank publishes two-wheeler loan rates of 9.15% to 10.65% a year (floating). The rate you are offered depends on your credit score, income and the loan amount.
What is the Indian gold loan interest rate?
As of 15 Nov 2026, Indian Bank publishes gold loan rates of 9.35% a year (floating). The rate you are offered depends on your credit score, income and the loan amount.
What is the Indian education loan interest rate?
As of 15 Nov 2026, Indian Bank publishes education loan rates of 7.30% to 10.40% a year (floating). The rate you are offered depends on your credit score, income and the loan amount.
What is the Indian personal loan interest rate?
As of 15 Nov 2026, Indian Bank publishes personal loan rates of 11.30% a year (floating). The rate you are offered depends on your credit score, income and the loan amount.
What is the EMI on a ₹50 lakh home loan from Indian?
At Indian's lowest published rate of 7.35%, a ₹50 lakh home loan over 20 years costs about ₹39,822 a month, or ₹45,57,354 in interest over the loan. Charges and insurance are extra.
Are Indian loans linked to the repo rate?
Indian Bank's repo-linked lending rate (RBLR) is 8.20% from 8 Oct 2026. Floating retail loans are priced from it, plus a spread fixed when you borrow.
What is Indian's MCLR?
Indian Bank's 1-year MCLR is 8.95%, effective 3 Nov 2026. Loans taken between 2016 and 2019 and many business loans are linked to it.
Is Indian cheaper than other banks for a home loan?
Of the 8 banks we read for home loans, Indian's lowest published rate (7.35%) ranks number 3; the lowest is 7.25% at Central. Compare the charges as well as the rate.
Does RateScan get paid by Indian?
No. We take no referral fees, show no ads and don't take loan applications. Every figure is read from the bank's own page, which is linked from every row.
More Indian rates
Loan rates at other banks
How we collect loan rates
From the bank's own pages. Every figure is read from the lending-rate page the bank publishes, and links back to it. Benchmarks are re-read every day.
A published rate is not an offer. Banks set your rate from your credit score, income, the loan amount and the property or vehicle. We show the range the bank publishes; "7.60% onwards" means the bank gave no top figure.
Benchmark plus spread. A floating loan's rate is the bank's benchmark (its repo-linked rate, or MCLR for older loans) plus a spread fixed when you borrow. When the benchmark moves, your rate moves with it at the next reset.
The EMI is worked out on a reducing balance with monthly instalments: EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1), where r is the yearly rate ÷ 12 and n the number of months. It leaves out processing charges and insurance.
No referral fees. We don't take loan applications or get paid by lenders, so the order is the order.
Have feedback?
Tell us what would make RateScan.in more useful. No email required.