MyLoanCare is a FREE of cost service for borrowers

Get Cashback of Upto ₹1,000* on Property Loan Apply Online

MyLoanCare Customer Ratings - 4.5/5.0

Compare SBI vs HDFC Loan Against Property

Download Comparison
Interest Rate
Interest Rate
8.80% - 13.10%
8.75% - 9.90%
Processing Fees
Processing Fees
Upto 1.00%
Max ₹ 50,000
Upto 0.75%
Maximum Loan Amount
Maximum Loan Amount
₹ 7.50 Cr
₹ 5 Cr
Loan to Property Value Ratio
Loan to Property Value Ratio
Upto 80%
Upto 50%
Maximum Tenure
Maximum Tenure
10 Years
15 Years
Lowest EMI Per Lakh
Lowest EMI Per Lakh
₹ 1,256
₹ 999
Benchmark Rate
Benchmark Rate
Minimum Age
Minimum Age
18 Years
24 Years
Maximum Age
Maximum Age
70 Years
65 Years
Overdraft Facility
Overdraft Facility
Customer Ratings (Read Reviews)
Customer Ratings (Read Reviews)
Add Bank

Compare Loan Against Property EMI of SBI and HDFC

Loan Amount SBI HDFC
₹ 10 Lakh ₹ 12,560 ₹ 9,994
₹ 15 Lakh ₹ 18,839 ₹ 14,992
₹ 30 Lakh ₹ 37,679 ₹ 29,983
₹ 50 Lakh ₹ 62,798 ₹ 49,972

Which is a better bank for Loan Against Property – HDFC or SBI?

HDFC offers lower Loan Against Property EMI at ₹ 999 on a Loan Against Property for 15 Years as compared to SBI with a minimum EMI of ₹ 1,256 for 10 Years. Average customer ratings for HDFC is currently at 4.5/5.0 which makes it a good choice for taking a Loan Against Property.

How does HDFC Loan Against Property compare with SBI Loan Against Property?

It is important to do a detailed comparison of HDFC and SBI on all loan terms and conditions to understand their differences and make an informed decision. Keep in mind that each bank’s scheme has its pros and cons that have to be evaluated before choosing the best offer. Some of the key results of the comparison between the two banks are:

  • Lowest Interest rate of HDFC Loan Against Property is 8.75%, which is lower than the lowest interest rate of SBI at 8.80% and hence, HDFC is offering a cheaper loan option.
  • When compared on other Loan Against Property charges such as processing fees, HDFC charges a lower processing fees of 0.75% of the loan amount vs SBI with a processing fees of 1.00% of loan amount.
  • SBI offers Loan Against Property upto 80% of the property value while HDFC offers mortgage loan upto 50% of property value. Hence, SBI can be a better option if you are looking for a high value amount.
  • SBI is a with its Loan Against Property rates benchmarked to RLLR. HDFC is a with its home loan rates benchmarked to PLR.
  • HDFC has an average customer ratings of 4.5, while SBI has an average customer rating of 3.5, based on which it is clear that HDFC has a high customer service focus, an easy Loan Against Property process and a quick turnaround.

Which bank offers a lower interest rate on Loan Against Property – HDFC or SBI?

As per the current rates, HDFC offers a lower interest rate of 8.75% on Loan Against Property when compared to SBI which offers a Loan Against Property at 8.80%.

Popular Loan Against Property Tools

Popular Search for SBI Loan Against Property

Popular Search for HDFC Loan Against Property

Compare SBI Loan Against Property With Other Banks

Compare HDFC Loan Against Property With Other Banks

Notification ×
  • Home Loan

    Home Loan at all-time low rates starting at 6.50%. Cashback of up to ₹ 1,000

    Apply Now
  • Personal Loan

    Instant Personal Loan starting at 10.25% with Cashback of up to ₹ 1,000.

    Check Offers
  • Gold Loan

    Instant Gold Loan starting at 9.00% with Cashback of up to ₹ 500

    Apply Now
  • Loan Against Property

    Best Loan Against Property Offers starting @ 6.90%. Cashback of up to ₹ 1,000*.

    Apply Now
  • Business Loan

    Collateral Free Business Loan Rates starting at 14.00% with Overdraft facility.

    Apply Now
  • Fixed Deposit

    AAA rated FDs with returns as high as 7.05%.

    Invest Now
Loan Against Property News - Jan 2022
  • 2022-01-24 : Axis Bank Net Profit Jumps 224 Percent to Rs 3,614 crore.
    Axis Bank has reported a 224 per cent year-on-year rise in its net profit at Rs 3,614 crore for the quarter ended December, which was sharply above analysts expectations of Rs 3,046 crore. The bank also witnessed a 17 per cent on-year growth in net interest income to Rs 8,653 crore for the December quarter.
  • 2022-01-20 : Union Lenders Approves Reimbursement Amount of ₹974 cr for Pandemic Loan Moratorium.
    The Union Cabinet has approved a sanction of ₹973.74 crores for lenders to reimburse the loan moratorium. Earlier, on March 27, 2020, the Reserve Bank of India (RBI) had announced a loan moratorium on payment of instalments of term loans falling due between March 1 and May 31, 2020, due to the pandemic, which was extended to August 31.
  • 2022-01-19 : Bajaj Finance Q3 Net up 84% on Income Growth.
    Bajaj Finance Ltd (BFL) has reported an 84 per cent year-on-year (YoY) jump in third-quarter standalone net profit. The growth has been seen on the back of healthy growth in net interest income, fees and commission income and other operating income.
  • 2022-01-14 : Equitas Small Finance Bank Profit Grows by 13% in Gross Loan Portfolio
    Equitas Small Finance Bank has seen a 13 per cent year-on-year rise in gross loan portfolio to Rs 19,642 crore. The growth is in line with the recovery in economic activities in the informal sector.
  • 2022-01-07 : Tata Capital Launches Flexi Plus Loans for Different Categories
    Tata Capital has launched Flexi Plus loans across different products including, personal, business, loan Against Property, two-Wheeler and home Loans. The loan comes with longer tenure, overdraft facility and a step-up plan.
*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources. Read More
Please wait while your information is being processed...