Central Bank of India Home Loan: Rates, Eligibility & Fees 2026
Central Bank of India offers home loans to buy, build or renovate a home. Butter Money compares Central Bank of India's offer with similar lenders for your profile and handles the paperwork with you until disbursal.
Interest Rate
7.20%
p.a. onwards
Processing Fee
₹10,000
+ GST
Max Tenure
30 Years
Max LTV
Up to 75%
Rates updated 21 Oct 2026 from Butter's lender rate data · Central Bank of India's official rates
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What stands out with Central Bank of India
- Home loan overdraft option to park surplus funds and save interest
- 0.05% lower rate when a woman is the primary applicant
- Repayment holiday (moratorium) available on under-construction homes
- Tenure up to 30 years
Central Bank of India home loan at a glance
| Lender type | Public sector bank |
| Starting rate | 7.20% p.a. onwards |
| Products | Home loan, Construction, Plot, Balance transfer, Overdraft home loan |
| Funding (LTV) | Up to 75% of the property's value, within RBI's caps |
| Prepayment | Nil on floating-rate loans |
Central Bank of India Interest Rates, October 2026
By product, CIBIL score & applicant type
| CIBIL Score | Salaried | Self Employed |
|---|---|---|
| New to credit | 8.65% onwards | 8.65% onwards |
| 800 and above | 7.45% onwards | 7.45% onwards |
| 700–749 | 8.65% onwards | 8.65% onwards |
| 750–799 | 7.65% onwards | 7.65% onwards |
| CIBIL Score | Salaried | Self Employed |
|---|---|---|
| New to credit | 8.95% onwards | 8.95% onwards |
| 800 and above | 7.45% onwards | 7.45% onwards |
| 700–749 | 8.95% onwards | 8.95% onwards |
| 750–799 | 7.65% onwards | 7.65% onwards |
| CIBIL Score | Salaried | Self Employed |
|---|---|---|
| New to credit | 8.65% onwards | 8.65% onwards |
| 800 and above | 7.20% onwards | 7.20% onwards |
| 700–749 | 8.65% onwards | 8.65% onwards |
| 750–799 | 7.40% onwards | 7.40% onwards |
| CIBIL Score | Salaried | Self Employed |
|---|---|---|
| New to credit | 8.65% onwards | 8.65% onwards |
| 800 and above | 8.00% onwards | 8.00% onwards |
| 700–749 | 8.65% onwards | 8.65% onwards |
| 750–799 | 8.10% onwards | 8.10% onwards |
Starting rates for each CIBIL band. Women primary applicants get 0.05% lower. Your final rate also depends on the loan amount, property and profile. Updated 21 Oct 2026.
Fees & Charges
Central Bank of India vs Similar Lenders
Public sector banks with the closest rates
| Lender | Best Suited For | Interest Rate |
|---|---|---|
| Central Bank of India (this page) | Public sector bank | 7.20% onwards |
| Canara Bank | Public sector bank | 7.20% onwards |
| Punjab National Bank | Public sector bank | 7.20% onwards |
| Bank of Maharashtra | Public sector bank | 7.25% onwards |
Central Bank of India Home Loan EMI Calculator
Move the sliders to see how the loan amount, interest rate and tenure change your monthly EMI and total interest outgo at Central Bank of India's rates.
Illustrative calculation based on the selected rate. The rate defaults to 7.2% p.a., the best applicable starting rate. Your actual EMI depends on the rate offered to you.
A ₹50 lakh Central Bank of India home loan over 20 years at 7.20% costs ₹39,367 a month, or ₹44,48,192 in total interest. Every 0.25% higher adds about ₹759 a month.
Central Bank of India Home Loan FAQs
What is the Central Bank of India home loan interest rate?
Central Bank of India home loan rates start at 7.20% p.a. for the strongest credit profiles and rise for lower CIBIL scores, and women primary applicants get 0.05% lower. Your final rate also depends on the loan amount, property and income.
Can I prepay my Central Bank of India home loan without charges?
Yes, on a floating-rate home loan. RBI rules do not allow Central Bank of India to charge individual borrowers for part-prepayment or foreclosure of floating-rate home loans.
How much of the property value will Central Bank of India fund?
Central Bank of India funds up to 75% of the property's value, within RBI's caps (up to 90% for loans up to ₹30 lakh, 80% for ₹30–75 lakh and 75% above ₹75 lakh). You pay the rest as your own contribution.
Rates updated 21 Oct 2026 from Butter's lender rate data. Final terms are set by Central Bank of India at sanction. Source: Central Bank of India.