Central Bank of India Home Loan Interest Rate
The Central Bank of India offers home loan interest rates starting as low as 6.85% p.a. for 2025, making it one of the most competitive options in the market. With a maximum tenure of 30 years, minimal documentation, and schemes tailored for salaried, self-employed, and NRI applicants, CBI ensures homeownership is within reach.
Central Bank of India Home Loan Interest Rate
The Central Bank of India is amongst the leading financial companies of India, and with attractive schemes for home loans, the bank has attracted customers throughout the country over the years. Let’s take a look at the Central Bank of India’s home loan interest rate for 2025 and compare the different schemes offered for a home loan.
The Central Bank of India offers various home loan schemes to its clients based on their ability to repay the loan. Central Bank of India Home Loan Interest Rate starts at 6.85% p.a., making it one of India’s top lenders’ lowest interest rates. Central Bank of India’s Home Loan interest rate goes up to 7.30% p.a., which is still less than a lot of leading financial institutions. Let’s briefly examine all the major details, including the Central Bank of India’s current home loan interest rates.
| Overview: The Central Bank of India offers home loans starting at 8.40% p.a. for salaried, self-employed, and women borrowers with flexible repayment terms.
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Central Bank of India Home Loan Details
| Interest Rate | 6.85% onwards |
| REPO Rate | 4% |
| Reverse REPO Rate | 3.35% |
| Total Loan Amount | Up to 90% of the property value |
| Maximum Tenure Available | Up to 30 years |
| Central Bank of India Home Loan Processing Fee | 0.50% of the Loan Amount (Max. of Rs. 20,000) + GST |
| Type of Interest | Floating |
Benefits of Availing a Central Bank of India Home Loan
- Low interest rates starting from 6.85% p.a.
- High repayment period of up to 30 years
- Higher loan-to-value ratio of up to 90% value of a house
- Zero to minimum paperwork
- Balance transfer available
- Both Resident & Non-resident Indians can apply.
- Central Bank of India foreclosure charges are zero.
- You can find an online Central Bank of India home loan interest rate calculator.r
- Female applicants can avail of the Central Bank of India home loan subsidy.
Central Bank of India Home Loan Interest Rates: Types of Schemes
Here are the Central Bank of India’s current home loan- Cent Home Loan interest rates for the different types of schemes offered:
| Type of Central Bank Home Loan Scheme | Central Bank of India Home Loan Interest Rate |
| Cent Home Loan | 6.85% p.a. to 7.30% p.a. |
| Cent Home Loan Double Plus | 6.85% onwards |
| Cent Combo | Contact the bank |
| Cent Home Loan to employees | Contact the bank |
| Cent Home Loan scheme for the purchase of a 3rd or 4th Flat/House/Apartment | 8% to 8.20% p.a. |
Central Bank of India Home Loan: Overview of Home Loan Schemes
1. Central Bank Cent Home Loan to Employees
The scheme is exclusively available for all permanent employees of central/state governments and PSUs of the centre. The loan amount can be availed of and used for:
- Constructing/acquiring a new or existing flat (should not be older than 30 years)
- Extending the current house/flat
- Repairs or alterations to the current house/flat
Interest rate: Contact the bank
Processing fee: 0.50% of the home loan amount (max. Rs 20,000+tax), which is waived if you maintain a salary account with the central bank.
2. Central Bank Cent Home Loan
This home loan is offered to existing borrowers on a moratorium of up to 36 months. The loan amount and tenure depend on the applicant’s repayment capacity and vary. The maximum tenure that can be availed of is up to 30 years. The loan amount can be used for:
- Constructing/acquiring new or existing flats (should not be older than 30 years)
- Extending the current house/flat
- Repairs or alterations to the current house/flat
Interest rate: 7.10% p.a. To 8.85%
Processing fee: Rs 500 for each loan
3. Central Bank Cent Combo Home Loan
This scheme suits applicants looking for home and vehicle loans together. The combo benefits are:
Interest rate: Contact the bank
Processing fee: 0.25% of the total home loan amount (max. Rs 20,000+tax)
4. Cent Home Double Plus
This scheme is available in two variants and can be applied based on the requirement. The scheme variants are:
- Central Bank Home Loan with Overdraft Facility
- Central Bank Term Loan for repair/ Renovation of the existing property/ Central Bank of India Loan top-up
Interest Rate: 6.85% p.a. onwards
Processing fee: 0.50% of the total loan amount (max. Rs 20,000+tax)
Central Bank of India Home Loan Eligibility
| Age | Minimum- 18 years, maximum- 70 years |
| Employment and Residency Eligibility | Resident Salaried and self-employed professionals Non-resident salaried and self-employed professionals |
| Maximum Loan Amount | 90% of the property value |
| Other Conditions | High credit rating score Clear record in terms of past loan payments |
Central Bank of India Home Loan: Documents Required
Here’s a list of documents required if you are planning to apply for Central Bank of India Home Loans:
| Identity proof (anyone) | Copy of PAN Card/ valid passport/ Driving license/ Aadhaar Card/ Election Card. |
| Address proof (anyone) | Copy of valid passport/ Aadhaar Card// Voter ID/ Copy of utility bills/ Driving license. |
| Income Proof | Recent salary slips, Latest Form 16, or ITR |
| Other documents that may be required | Valuation certificate, NOC from the housing society, Agreement of construction with Developer, Sale agreement/ Approved construction plan/ Original property title deeds. |
Central Bank of India Home Loan EMI Calculator
The Central Bank of India housing loan interest rate starts at 6.85% and goes up. Applicants can get a rough idea of the total amount to be repaid using the official CBI home loan calculator. Check below for the Central Bank of India EMI calculator.
Today, the Central Bank of India Home Loan Interest Rate starts from 6.85% and goes up to 8.85% for different schemes. Applicants can apply for the various schemes directly with the Central Bank and await their loan approval. If you are still looking for your dream house, end your search with NoBroker.com. Search from thousands of properties available for buying and renting, and save thousands of rupees with our zero-brokerage promise. Comment on your requirements under this blog, and our executive team will contact you.
