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Starting 7.10% p.a.
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Additional Funds when Required
Competitive Interest Rates
Starting 7.10% p.a.
Handpicked Home Loan Offers
Offers from 30+ Banks & HFCs
Dedicated Customer Support
Expert Assistance at Every Step
Transfer Balance & Get a Top-Up Easily
Additional Funds when Required
| Loan Scheme | Interest Rate (%)* |
| Home Loan | Term Loan - From 7.35% to 9.50%
Overdraft- From 7.45% to 9.60 % |
| Home Loan Plot = Construction | From 7.35% to 9.50% |
| Property Power Loan | Term Loan - From 8.30% to 10.00%
Overdraft - From 8.50% to 10.50% |
*Rates shown apply to loans above Rs. 35 lakh. Loans below Rs. 35 lakh will attract 1% higher interest rates for both Housing Loans and Loans Against Property.
**Interest Rates as of 17 September 2026.
| Loan Product | PF/Admin Fee (excluding GST) | Charges for switching loan from fixed to floating rates and vice versa |
| Housing Loan | 0.15% of limit subject to minimum Rs. 150 | N/A |
The repo rate is the rate at which the RBI lends money to banks. Changes in the repo rate can affect floating interest rates on loans.
Impact on Borrowers:
This is particularly important for people with floating-rate home loans, as changes in interest rates can affect their monthly payments and total interest cost.
| Bank | Home Loan Interest Rate* |
| Union Bank of India | 7.10% p.a. onwards |
| State Bank of India (SBI) | 7.25% p.a. onwards |
| Punjab National Bank (PNB) | 7.25% p.a. onwards |
| Bank of Baroda | 7.30% p.a. onwards |
| Bank of India | 7.10% p.a. onwards |
| Canara Bank | 7.15% p.a. onwards |
| HDFC Bank | 7.20% p.a. onwards |
| ICICI Bank | 7.40% p.a. onwards |
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Federal Bank Home Loan EMI is the fixed monthly amount you repay towards your home loan until the principal and applicable interest are fully repaid. Your EMI primarily depends on the loan amount, interest rate, and repayment tenure.
You can use a Home Loan EMI Calculator to estimate your monthly installment quickly and easily without performing manual calculations.
The standard formula used to calculate a home loan EMI is:
EMI = [P × r × (1 + r)ⁿ] / [(1 + r)ⁿ − 1]
Where:
By entering the loan amount, applicable interest rate, and repayment tenure, you can estimate your monthly EMI and plan your finances more effectively.
Federal Home Loan EMI for 10 years
| Interest Rate (p.a.) | Loan Amount (Rs.) | Loan Tenure (years) | EMI (Rs.) |
| 8.80% | 15 lakh | 10 | 18,839 |
| 8.80% | 20 lakh | 10 | 25,119 |
| 8.80% | 25 lakh | 10 | 31,399 |
| 8.80% | 30 lakh | 10 | 37,679 |
| 8.80% | 32 lakh | 10 | 40,191 |
Federal Bank Home Loan EMI for Rs. 30 Lakh
| Interest Rate (p.a.) | Loan Amount (Rs.) | Loan Tenure (years) | EMI (Rs.) |
| 8.80% | 30 lakh | 10 | 37,679 |
| 8.80% | 30 lakh | 15 | 30,072 |
| 8.80% | 30 lakh | 20 | 26,607 |
| 8.80% | 30 lakh | 25 | 24,766 |
| 8.80% | 30 lakh | 30 | 23,708 |
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For loans above Rs. 35 lakh, Federal Bank home loan rates are listed at 7.35%–9.50% for term loans and 7.45%–9.60% for overdraft facilities.
Federal Bank’s floating-rate loans are linked to the RBI repo rate. A repo rate change can affect the applicable lending rate, EMI, or loan tenure.
Yes. According to the provided rate information, loans below Rs. 35 lakh attract 1% higher interest rates for housing loans.
Home loan EMI depends mainly on the loan amount, interest rate, and repayment tenure. A higher rate or shorter tenure generally results in a higher monthly EMI.
Borrowers can consider a higher down payment, maintaining a strong credit profile, comparing available rates, and making suitable prepayments, subject to loan terms.
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