Loading...
Please wait while we prepare your content
Home loan rates for Vijayawada buyers start at 7.40% p.a. (Bank of Baroda, Canara Bank, Union Bank of India), per the banks' official rate cards in October 2026. SBI starts at 7.50%, HDFC Bank and Axis Bank at 8.00%. The RBI repo rate is 5.50% after the 25 bps hike on 7 October 2026, and banks have passed it through to new floating-rate loans.
Banks price home loans nationally, so these rates apply in Vijayawada as elsewhere. The rate you are offered depends on CIBIL score, income type (salaried or self-employed) and loan amount.
| Lender | Interest rate (p.a.) | EMI per ₹1 lakh, 20 years, at starting rate | Effective |
|---|---|---|---|
| Bank of Baroda | 7.40% – 9.15% | ₹799 | 8 Oct 2026 |
| Canara Bank | 7.40% – 10.25% | ₹799 | 9 Oct 2026 |
| Union Bank of India | 7.40% – 9.60% | ₹799 | 8 Oct 2026 |
| Central Bank of India | 7.45% – 9.00% | ₹803 | 8 Oct 2026 |
| Punjab National Bank | 7.45% – 9.35% | ₹803 | 8 Oct 2026 (festive rate till 31 Dec 2026) |
| State Bank of India | from 7.50% | ₹806 | 15 Oct 2026 |
| Kotak Mahindra Bank | from 7.60% | ₹812 | — |
| Axis Bank | 8.00% – 9.10% | ₹836 | — |
| HDFC Bank | 8.00% – 13.45% | ₹836 | — |
| ICICI Bank | 8.75% – 9.90% | ₹884 | 8 Oct 2026, valid till 31 Oct 2026 |
Source: each bank's official rate page, checked 26 Oct 2026. Most banks revised rates after the 7 October repo hike.
| Loan amount | 20 years at 7.40% | 30 years at 7.40% | 20 years at 8.50% |
|---|---|---|---|
| ₹30 lakh | ₹23,985 | ₹20,771 | ₹26,035 |
| ₹50 lakh | ₹39,974 | ₹34,619 | ₹43,391 |
| ₹75 lakh | ₹59,962 | ₹51,928 | ₹65,087 |
| ₹1 crore | ₹79,949 | ₹69,238 | ₹86,782 |
| ₹1.5 crore | ₹1,19,923 | ₹1,03,857 | ₹1,30,173 |
7.40% is the lowest official starting rate among large banks; 8.50% shows a typical rate for a lower CIBIL score or self-employed income.
| Item | Rate |
|---|---|
| Stamp duty | 5% |
| Transfer duty | 1.5% |
| Registration fee | 1% |
Charged on the higher of the sale price and the guideline value. Confirm with the duty calculator on registration.ap.gov.in. Lenders do not fund stamp duty or registration; pay these from your own funds.
| Condition | Limit |
|---|---|
| Household income | Up to ₹9 lakh a year (EWS up to ₹3 lakh, LIG ₹3–6 lakh, MIG ₹6–9 lakh) |
| Property value | Up to ₹35 lakh |
| Loan amount | Up to ₹25 lakh |
| Subsidy | 4% on the first ₹8 lakh of the loan, for up to 12 years |
| Maximum subsidy | ₹1.80 lakh, paid in 5 yearly instalments to the loan account |
Source: PMAY-U 2.0 Interest Subsidy Scheme, Government of India. First-time buyers only; the household must not own a pucca house anywhere in India.
| Lender | Branch | Address |
|---|---|---|
| State Bank of India | SBI RACPC 2 Vijayawada | Door No. 59-13-4, Ghantasala Vari Stree Gayatri Nagar, Vijayawada Krishna, Andhra Pradesh 520008 |
| HDFC Bank | HDFC Bank Home Loan Branch - Vijayawada (RTC Colony) | 1st Floor, Besides Mary, Sri Hari Towers, Stella College, No 59a/1/5/1, RTC Colony, Vijayawada, Andhra Pradesh 520008 |
| ICICI Home Finance | ICICI Home Finance | Unit No. 4, Third Floor, 54-20-1B, Surya Prakash Square, Ward No 2, Revenue, Guru Nanak Colony, Vijayawada, Andhra Pradesh 520008 |
| Axis Bank | Axis Bank Loan Centre | D No 30/22/79, Sree Towers, St Eluru Rd, Kollipara Sreeramulu St, Seetharampuram, Vijayawada, Andhra Pradesh 520002 |
| Bank of Baroda | Bank of Baroda Patamata - Vijayawada Branch | Door No. 59A, 18/1-5A, Teachers Colony Rd, behind Silver Spoon Restaurant, Patamata, Vijayawada, Andhra Pradesh 520008 |
| Punjab National Bank | Punjab National Bank | No 29/37/129, Suryaraopeta, Governor Peta, Vijayawada, Andhra Pradesh 520002 |
| Kotak Mahindra Bank | Kotak Mahindra Bank | Ground, Mezzanine Floor, ( Left Front Corner), 40 -1-48, Siri Towers M G Road, Vijayawada : 520010, Vijayawada, Andhra Pradesh 520010 |
| LIC Housing Finance | Lic housing finance ltd | First Floor, Umiya Nivas, 27-10-1/1, Atta Rathaiah St, Governor Peta, Vijayawada, Andhra Pradesh 520002 |
| PNB Housing Finance | PNB Housing Finance Limited | 2nd Floor, Plot No. 39-3, MG Rd, near Kalanjali Showroom, Mogalrajapuram, Christurajupuram, Vijayawada, Andhra Pradesh 520010 |
| Bajaj Housing Finance | Bajaj Housing Finance Limited - Home Loan, Loan Against Property | 3rd Floor, Door No: 38-8-28, Radio Station, above KTM Bike Showroom, opp. All India, Punammathota, Labbipet, Vijayawada, Andhra Pradesh 520010 |
Addresses from the lenders' Google Business listings, checked 26 Oct 2026.
Competitive interest rates linked to Repo rate
Flexible EMI options
Home loan eligibility based on EMI/NMI ratio
Online application and quick approval process
Tax benefits under Section 80C and interest deduction up to Rs 2 lakh
Wide branch network including specialized Home Loan Centres in Vijayawada
Typically 7 to 15 working days from application to sanction depending on document verification and eligibility
Balance Transfer
Home Construction Loan
Home Extension Loan
NRI Home Loan
Regular Home Loan
Top-up Loan
SBI Vijayawada Main Branch
SBI Governorpet Branch
SBI Benz Circle Branch
SBI Auto Nagar Branch
Digital end-to-end application process
Doorstep service by loan experts
Easy EMI options up to 30 years
Low interest rates starting at 7.55% p.a.
Minimal documentation
Quick approval within 5 days
Typically 5 days for loan approval after document submission
Balance Transfer
Home Construction Loan
Home Extension Loan
Home Improvement Loan
NRI Home Loan
Regular Home Loan
Top-up Loan
HDFC Bank Vijayawada Branch
HDFC Bank Benz Circle Branch Vijayawada
HDFC Bank Governorpet Branch Vijayawada
HDFC Bank MG Road Branch Vijayawada
