Date: August 22, 2025 Animal welfare organizations welcomed the SC’s modified order, stating that it upheld scientific ABC principles of sterilization, vaccination, and release. However, they urged the court to provide clearer definitions for terms like “aggressive dogs,” as ambiguity remained around certain directives—especially regarding feeding zones and enforcement
HDFC Bank, State Bank of India, and Indian Bank Offer Lowest Interest Rates on Loans Against Property
Loans against property (LAP) allow property owners to leverage their assets to secure large loans for personal or business needs without relinquishing ownership. The interest rates for these loans start at 9.5% per annum. Here’s a look at some of the best rates currently available:
Interest Rates Overview:
- HDFC Bank: Offers the lowest interest rates starting from 9.50%. For a Rs 15 lakh loan over a 7-year term, the EMI is approximately Rs 24,323.
- State Bank of India (SBI): Charges interest rates beginning at 10.10%. The EMI for a Rs 15 lakh loan with a 7-year tenure amounts to around Rs 24,771.
- Indian Bank: Also starts at 10.10%, with a similar EMI of Rs 24,771 for a Rs 15 lakh loan over 7 years.
Other Banks' Rates:
- Axis Bank: Interest rates start at 10.50%, leading to an EMI of Rs 25,072.
- Union Bank of India: Offers rates from 10.55%, with an EMI of Rs 25,109.
- Bank of Baroda: Starts at 10.85%, with an EMI of Rs 25,336.
- Canara Bank: Charges 11.05%, resulting in an EMI of Rs 25,488.
- ICICI Bank and Bank of India: Begin at 11.35%, leading to an EMI of Rs 25,717.
- Punjab National Bank: Offers the highest rate at 11.40%, with an EMI of Rs 25,756.
Conclusion: For the most favorable terms on a loan against property, consider HDFC Bank, SBI, or Indian Bank. As always, it's wise to compare offers from multiple lenders to ensure you get the best possible rate and terms for your financial needs.