Home Finance — Interest Rates & Housing Loan Outstanding
Quarterly Data · Last 10 Periods (Q1 2024 to Q2 2026) · 26 Cities · Source: RBI
Avg Interest Rate (Q2 2026)
8.28%
— Pan-India Average
Total Loan Outstanding (Q2 2026)
₹8.2L Cr
▲ 26 Cities Total
Highest Loan City
Mumbai
₹5.36L Cr
States/UTs Covered
20
— 26 Cities
QoQ Rate Change
-0.06%
▼ Decreased
Most Expensive State
West Bengal — 8.38%
▼ Highest average rate
Most Affordable State
Punjab — 8.15%
▲ Lowest average rate
Largest Housing Loan Market
Mumbai
₹5.36L Cr Outstanding
Fastest Growing Loan Market
Bengaluru
▲ 16.1% YoY Growth
Interest Rate & Loan Outstanding — Bengaluru
Last 10 Quarters · Q1 2024 to Q2 2026
Interest Rate
Loan Outstanding
QoQ Rate Change (%)
Quarter-on-quarter
YoY Rate Change (%)
Year-over-year
Loan Growth (%)
Quarter-on-quarter
📝 Executive Summary — Home Finance Overview (Q2 2026)
🔍 Key Finding: The pan-India average home loan interest rate stands at 8.28% in Q2 2026, while total housing loan outstanding across 26 cities has reached ₹8.2 lakh crores, showing strong growth in the housing finance sector.
🏦 Interest Rate Trends
- Highest Rate City: Surat (8.39%) and Kolkata (8.39%)
- Lowest Rate City: Bengaluru (8.15%) and Ludhiana (8.15%)
- Rate Trend: Steady decline from 8.52% in Q1 2024 to 8.28% in Q2 2026
💰 Housing Loan Market
- Largest Market: Mumbai leads with ₹5.36 lakh crores outstanding
- Fastest Growing: Bengaluru shows 16.1% YoY growth in loan outstanding
- Metro Dominance: Top 5 cities account for ~60% of total housing loan outstanding
Interest Rate Trend — Karnataka
Last 10 Quarters · Q1 2024 to Q2 2026
State-wise Average Rates — Q2 2026
All states sorted
Rate Distribution
All cities Q2 2026
📊 Interest Rate Analysis
- Regional Pattern: Southern states (Karnataka, Tamil Nadu) show lower rates compared to Eastern states
- State Disparity: West Bengal (8.38%) vs Punjab (8.15%) - difference of 0.23 percentage points
- Metro Comparison: Bengaluru (8.15%) offers the most competitive rates among metros
Top Cities — Housing Loan Outstanding (Q2 2026)
Ranked by total outstanding (₹ Crores)
Loan Growth — Top 5 Cities (YoY)
Year-over-year growth rate
Market Share — Top 5 Cities
% of total housing loan outstanding
💰 Housing Loan Market Insights
- Market Concentration: Top 5 cities (Mumbai, Delhi, Bengaluru, Chennai, Hyderabad) account for ~60% of total loans
- Fastest Growing: Bengaluru leads with 16.1% YoY growth, followed by Pune (15.8%) and Hyderabad (15.2%)
- Metro Dominance: Mumbai alone holds ₹5.36L Cr, nearly 65% of the top 5 cities' total
- Emerging Markets: Tier-2 cities like Pune, Ahmedabad, and Surat show strong growth momentum
City Comparison — Interest Rate Trends
Q1 2024 to Q2 2026
City Comparison — Loan Outstanding
Q1 2024 to Q2 2026
Interest Rates — All Cities
Q1 2024 to Q2 2026
← scroll →