State Bank of India home loans are always the cheapest around, by around 5 basis points from the nearest competitor.

But, now Housing Development Finance Corporation (HDFC) is offering Home Home Loan Interest Rates have become marginally cheaper than SBI Home Loans as the company is offering special home loan rates. HDFC is offering home loan rates at 10.10 per cent onwards.

This is a limited period offer, the specified interest rate is applicable only until March 31, 2015. Now one should also ensure that if you wish to avail the loan at the special offer your first disbursement should be on or before April 30, 2015.

One can also transfer the existing home loan to HDFC at Rs 885 per EMI per Lakh. Fill the details and can check the customized quote here.

SBI as of now it is offering home loan interest rates at 10.15 per cent, 15 bps above the Base Rate. However, for women borrowers it is offering at 10.10 per cent. This means the women home loan rates of State Bank of India remain competitive.

It's important to remember that one needs to do a comparison also offer the processing fees, in which case SBI could be slightly lower.

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