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Axis Bank Cuts Base Rate by 10 BPS

Axis Bank Cuts Base Rate by 10 BPS-Know More Here

Axis bank, one of India’s leading private sector banks has reduced its base rate by 10 basis points. The bank has revised its base rate to 9.15% from the earlier 9.25%. Recently, State Bank of India and HDFC bank too had lowered their base rate. State Bank of India had reduced its base rate by 15 bps while HDFC bank trimmed the base rate by 25 bps. The base rate of SBI and HDFC bank stand at 9.1% and 9% respectively.

Base Rate of top Banks in India

BankBase Rate
State Bank of India9.10%
HDFC Bank9%
ICICI Bank9.25%
Axis Bank9.15%
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Personal Loan Interest Rates May 2020
Fullerton India14.00% - 33.00%
HDFC Bank10.75% - 21.45%
ICICI Bank10.99% - 18.49%
IndusInd Bank10.99% - 16.00%
Kotak Bank10.99% - 20.99%
RBL17.50% - 24.00%
Standard Chartered Bank11.50% - 18.00%
Tata Capital10.99% - 18.00%

Home Loan Interest Rates May 2020
Axis Bank8.10% - 8.85%
Bank of Baroda7.25% - 8.25%
Citibank8.20%
HDFC7.75% - 8.65%
ICICI Bank7.70% - 8.80%
Indiabulls Housing Finance Limited8.80% - 11.05%
Kotak Bank8.20% - 9.25%
LIC Housing7.40% - 8.85%
Piramal Capital & Housing Finance9.00% - 9.10%
PNB Housing Finance8.95% - 9.20%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI7.35% - 8.00%
Tata Capital9.20% - 9.35%