Key facts: Bank of Baroda vs Federal Bank vs HDFC Bank home loan
- Starting rate: Bank of Baroda 7.20%, Federal Bank 7.35%, HDFC Bank 8%. This is the lowest rate each loan provider advertises for a home loan, not the rate everyone is offered.
- Gap between starting rates: 0.8 percentage points between the lowest and the highest.
- Top of the published range: Federal Bank up to 9.50%, HDFC Bank up to 13.45%.
- Maximum tenure: Bank of Baroda 30 years, Federal Bank 30 years, HDFC Bank 30 years.
- Type of loan provider: Bank of Baroda is a public sector bank; Federal Bank is a private bank; HDFC Bank is a private bank. Banks and NBFCs price floating rates differently.
- Official websites: bankofbaroda.bank.in, federal.bank.in, hdfc.bank.in.
- Pages checked: 6 official pages opened for this loan type.
- Loan types with a published rate: Bank of Baroda 4, Federal Bank 7, HDFC Bank 4 (out of 8 we track).
- EMI on ₹50 lakh over 20 years: Bank of Baroda ₹39,367, Federal Bank ₹39,822, HDFC Bank ₹41,822 a month, at each starting rate.
- Total interest on the same loan: Bank of Baroda ₹44,48,192, Federal Bank ₹45,57,354, HDFC Bank ₹50,37,281.
- Last checked: 12 October 2026, on each loan provider's own website.
Who each loan provider suits on a home loan
Built only from figures the loan providers publish. It says where each one is ahead on paper, not who will approve you.
Pick Bank of Baroda if you want
- The lowest published starting rate (7.20%)
Where Federal Bank stands
No clear edge on the published figures we could compare for a home loan. Check the table below and the Key Fact Statement.
Where HDFC Bank stands
No clear edge on the published figures we could compare for a home loan. Check the table below and the Key Fact Statement.
Bank of Baroda vs Federal Bank vs HDFC Bank home loan: rate, fees and tenure
Starting home loan rates as published: Bank of Baroda from 7.20%, Federal Bank from 7.35% and HDFC Bank from 8%. Bank of Baroda is lower at the starting rate, but the top of each range and your own credit profile decide what you are offered.
| Detail | Bank of Baroda | Federal Bank | HDFC Bank |
|---|---|---|---|
| Published rate | Starting @7.20% (product page); spreads BRLLR -0.70% to +1.05% floating (up to Rs 75 lakh) | 7.35% to 9.50% (term loan); 7.45% to 9.60% (overdraft); loans up to Rs 35 lakh priced 1% higher | 8% to 13.45% p.a. |
| Rate basis | Floating linked to BRLLR (resets monthly); fixed option BRLLR + 1.00% to 2.05% | floating, linked to RBI Repo Rate | Policy Repo Rate + 2.50% to 7.95% |
| Loan amount | Rs 1 crore (semi-urban/rural) up to Rs 20 crore (Mumbai), by location | Rs. 1500 lakhs (page title says up to Rs 15 lakhs; inconsistent) | Rs 1 Lakh (EMI calculator lower bound) to Rs 10 Crore |
| Maximum tenure | Up to 30 years incl. moratorium up to 36 months; not beyond age 65 per FAQ | 360 months (30 years) for residents; NRI capped at 20 years | Up to 30 years or till retirement age, whichever is lower |
| Processing fee | As printed on page (eff. 01.04.2025, excl. GST): up to Rs 50 lakh '50%' [sic, likely 0.50%], min Rs 8,500, max Rs 15,000 | Not published | Salaried/self-employed professionals: up to 0.50% of loan or Rs 4,000 whichever is higher + taxes |
| Prepayment / foreclosure | Nil; no prepayment penalty | No pre-closure charges; part or full prepayment allowed | Floating-rate: nil (except business-purpose loans); fixed-rate: 2% + taxes unless prepaid from own sources |
| Eligibility (as published) | Applicant min age 21, max 70; salaried 1 yr / non-salaried 2 yrs; resident Indians, NRIs, PIOs, OCI; individuals only | Self-employed residents up to 65 years (80 with co-obligant); NRI age not above 55 at end of tenure | Salaried or self-employed resident Indian; min income Rs 25,000/month (salaried), Rs 3 lakh/year (self-employed) |
| Other terms published |
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| Official source | bankofbaroda.bank.in/loans/home-loan/baroda-home-loan bankofbaroda.bank.in/loans/home-loan bankofbaroda.bank.in/interest-rate-and-service-charges/retail-loans-interest-rates | federal.bank.in/housing-loan federal.bank.in/loan-rate | homeloans.hdfc.bank.in/housing-loans/home-loans |
EMI illustration: ₹50 lakh over 20 years
| Loan provider | Rate used | Monthly EMI | Total interest | Total repayable |
|---|---|---|---|---|
| Bank of Baroda | 7.20% | ₹39,367 | ₹44,48,192 | ₹94,48,192 |
| Federal Bank | 7.35% | ₹39,822 | ₹45,57,354 | ₹95,57,354 |
| HDFC Bank | 8% | ₹41,822 | ₹50,37,281 | ₹1,00,37,281 |
Illustration only, at each loan provider's lowest published rate. It leaves out processing fees, GST, insurance and any other charges, and it is not an offer. Your approved rate may be higher.
Read the full guide: Home loan
Bank of Baroda vs Federal Bank vs HDFC Bank home loan EMI by amount and tenure
Monthly EMI at each loan provider's lowest published rate, on a reducing balance. Fees, GST and insurance are not included, and your offered rate may be higher.
By loan amount, over 20 years
| Loan amount | Bank of Baroda (7.20%) | Federal Bank (7.35%) | HDFC Bank (8%) |
|---|---|---|---|
| ₹25 lakh | ₹19,684 | ₹19,911 | ₹20,911 |
| ₹50 lakh | ₹39,367 | ₹39,822 | ₹41,822 |
| ₹75 lakh | ₹59,051 | ₹59,733 | ₹62,733 |
| ₹1 crore | ₹78,735 | ₹79,645 | ₹83,644 |
By tenure, on ₹50 lakh
| Tenure | Bank of Baroda (7.20%) | Federal Bank (7.35%) | HDFC Bank (8%) |
|---|---|---|---|
| 10 years | ₹58,571 interest ₹20,28,512 | ₹58,960 interest ₹20,75,221 | ₹60,664 interest ₹22,79,656 |
| 15 years | ₹45,502 interest ₹31,90,421 | ₹45,925 interest ₹32,66,580 | ₹47,783 interest ₹36,00,869 |
| 20 years | ₹39,367 interest ₹44,48,192 | ₹39,822 interest ₹45,57,354 | ₹41,822 interest ₹50,37,281 |
| 25 years | ₹35,979 interest ₹57,93,830 | ₹36,463 interest ₹59,38,930 | ₹38,591 interest ₹65,77,243 |
| 30 years | ₹33,939 interest ₹72,18,188 | ₹34,449 interest ₹74,01,498 | ₹36,688 interest ₹82,07,762 |
A longer tenure lowers the EMI and raises the total interest. Pick the shortest tenure your monthly budget can carry.
What each loan provider publishes about its home loan
Bank of Baroda
Public sector bank · Bank of Baroda
- How the rate is set: Floating linked to BRLLR (resets monthly); fixed option BRLLR + 1.00% to 2.05%
- Eligibility as published: Applicant min age 21, max 70; salaried 1 yr / non-salaried 2 yrs; resident Indians, NRIs, PIOs, OCI; individuals only
- Max Savings option linking savings account
- Finances flat/plot purchase, construction, renovation
- Online application with status tracking
- LTV 90% up to Rs 30 lakh, 80% Rs 30-75 lakh, 75% above
Federal Bank
Private bank · The Federal Bank Limited
- How the rate is set: floating, linked to RBI Repo Rate
- Eligibility as published: Self-employed residents up to 65 years (80 with co-obligant); NRI age not above 55 at end of tenure
- Funding of up to 85% of project cost
- Repayment holiday of up to 36 months
- Can be availed in overdraft format
- No pre-closure charges
HDFC Bank
Private bank · HDFC Bank Limited
- How the rate is set: Policy Repo Rate + 2.50% to 7.95%
- Eligibility as published: Salaried or self-employed resident Indian; min income Rs 25,000/month (salaried), Rs 3 lakh/year (self-employed)
- End-to-end digital process, approval in four steps
- Step Up Repayment and Flexible Loan Installments Plan
- Minimal documentation
- 24x7 assistance via chat and WhatsApp
Before you apply for a home loan
- Fees beyond the rate: Processing fee, legal and technical valuation charges and any administrative charge add to the cost. Ask for the full list in writing.
- Prepayment: RBI does not allow pre-closure charges on floating-rate home loans to individuals. Fixed-rate loans can still carry them.
- Tax benefit: Under the old tax regime, interest on a self-occupied home is deductible up to Rs 2 lakh a year under Section 24(b), and principal repaid counts within the Rs 1.5 lakh limit of Section 80C. The new regime does not allow these. Check with your tax adviser.
- Margin: The loan provider funds a share of the property value and you pay the rest as margin. The share you can borrow falls as the property price rises.
RBI requires every loan provider to hand you a Key Fact Statement before you sign. It shows the rate, every fee, the APR and the total you will repay.
Terms used on this page
Plain meanings of the terms this comparison uses.
Starting rate: The lowest rate a loan provider advertises for a product. Most borrowers are offered a higher rate, because the final rate depends on credit score, income, employer and loan amount.
APR: Annual percentage rate. It adds the processing fee and other charges to the interest rate, so it shows the yearly cost of the loan better than the interest rate alone.
Key Fact Statement: A short summary the loan provider gives you before you sign. It lists the interest rate, every fee, the APR and the total amount you will repay. RBI requires it for retail loans.
Floating rate and repo rate: A floating rate moves with a benchmark, and for banks that is usually the RBI repo rate, the rate at which RBI lends to banks. A fixed rate stays the same for the period you agree.
Processing fee: A one-time charge for handling the application. It is usually a percentage of the loan amount plus GST, and it is often deducted before the money reaches you.
Credit score: A number from 300 to 900 that shows how you have repaid past loans and cards. A higher score usually gets you a lower rate.
Sources and last check
Every figure above is read from the loan provider's own website and was checked on 12 October 2026. A blank means the page does not show that figure, and we never estimate one.
- Bank of Baroda: bankofbaroda.bank.in/loans/home-loan/baroda-home-loan bankofbaroda.bank.in/loans/home-loan bankofbaroda.bank.in/interest-rate-and-service-charges/retail-loans-i...
- Federal Bank: federal.bank.in/housing-loan federal.bank.in/loan-rate
- HDFC Bank: homeloans.hdfc.bank.in/housing-loans/home-loans
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More home loan comparisons
Bank of Baroda vs Federal Bank vs HDFC Bank: every loan type on one page · All home loan comparisons · Home loan guide · Home loan EMI calculator
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Frequently asked questions
Which is better for a home loan: Bank of Baroda, Federal Bank or HDFC Bank?
Bank of Baroda has the lowest published starting home loan rate at 7.20%, against 7.35% at Federal Bank and 8% at HDFC Bank. On ₹50 lakh over 20 years the difference in total interest is ₹5,89,089. Rate is only one part of the cost, so also compare the processing fee, the prepayment terms and the total repayable amount in the Key Fact Statement.
Which has the lower home loan interest rate: Bank of Baroda, Federal Bank or HDFC Bank?
Bank of Baroda has the lowest published starting home loan rate at 7.20%, against 7.35% at Federal Bank and 8% at HDFC Bank. The published ranges run to Federal Bank up to 9.50% and HDFC Bank up to 13.45%, so the rate you are offered can sit well above the starting rate.
What is the home loan processing fee at Bank of Baroda, Federal Bank and HDFC Bank?
Bank of Baroda: As printed on page (eff. 01.04.2025, excl. GST): up to Rs 50 lakh '50%' [sic, likely 0.50%], min Rs 8,500, max Rs 15,000. Federal Bank: not published. HDFC Bank: Salaried/self-employed professionals: up to 0.50% of loan or Rs 4,000 whichever is higher + taxes. Fees can change, so confirm the amount in rupees, with GST, before you accept.
What is the maximum home loan tenure at Bank of Baroda, Federal Bank and HDFC Bank?
Bank of Baroda: Up to 30 years incl. moratorium up to 36 months; not beyond age 65 per FAQ. Federal Bank: 360 months (30 years) for residents; NRI capped at 20 years. HDFC Bank: Up to 30 years or till retirement age, whichever is lower. A longer tenure lowers the EMI and raises the total interest.
Can I prepay or foreclose a home loan early at Bank of Baroda, Federal Bank and HDFC Bank?
Bank of Baroda: Nil; no prepayment penalty. Federal Bank: No pre-closure charges; part or full prepayment allowed. HDFC Bank: Floating-rate: nil (except business-purpose loans); fixed-rate: 2% + taxes unless prepaid from own sources. Ask whether the rate on your loan is fixed or floating, because the charges depend on it.
What is the EMI on a ₹50 lakh home loan at Bank of Baroda, Federal Bank and HDFC Bank?
Over 20 years at each loan provider's lowest published rate the monthly EMI is ₹39,367 at Bank of Baroda, ₹39,822 at Federal Bank and ₹41,822 at HDFC Bank. This leaves out processing fees, GST and insurance, and your approved rate may be higher.
Who is eligible for a home loan at Bank of Baroda, Federal Bank and HDFC Bank?
Bank of Baroda: Applicant min age 21, max 70; salaried 1 yr / non-salaried 2 yrs; resident Indians, NRIs, PIOs, OCI; individuals only. Federal Bank: Self-employed residents up to 65 years (80 with co-obligant); NRI age not above 55 at end of tenure. HDFC Bank: Salaried or self-employed resident Indian; min income Rs 25,000/month (salaried), Rs 3 lakh/year (self-employed). Each loan provider can ask for more documents once you apply.
Are Bank of Baroda, Federal Bank and HDFC Bank regulated by the RBI?
Yes. Bank of Baroda is a public sector bank, Federal Bank is a private bank, HDFC Bank is a private bank, and all lend under RBI rules, including the requirement to give you a Key Fact Statement before you sign.
Where do these home loan figures come from?
From the official pages of Bank of Baroda, Federal Bank and HDFC Bank, opened and checked on 12 October 2026. The sources are listed at the bottom of this page. We show a blank where a loan provider does not publish a figure, and we do not estimate one.
KhatuLoans is not a loan provider and is not paid by the loan providers named here to rank them. Rates, fees and eligibility change; always confirm with the loan provider. Read our editorial policy and how we make money.