Who Built LoanRateCal.in?
LoanRateCal.in was built by an independent developer based in India. It is a solo project — not a startup, corporation, bank or NBFC. It is not affiliated with any financial institution, government body or RBI in any way.
The site was built to solve a simple problem: most Indians planning a home loan or comparing bank rates have to visit 5–10 different bank websites to get a complete picture. LoanRateCal.in brings all major bank rates into one place, auto-calculated from the RBI repo rate, so you can compare in seconds.
What LoanRateCal.in Does
- Tracks the RBI repo rate and auto-calculates EBLR-linked home loan, personal loan and FD rates for all major Indian banks
- Provides free EMI calculators for home loans, personal loans, car loans, bike loans, education loans and business loans
- Provides SIP calculators to help users plan wealth goals of ₹1 crore, ₹2 crore, ₹5 crore and ₹10 crore
- Provides retirement corpus planning tools
- Provides loan eligibility, prepayment savings and EMI vs tenure comparison tools
- Provides a comprehensive interest rate guide for India updated after every RBI MPC meeting
Site Information
How Rate Data Works
Since October 2019, RBI mandates all banks to link floating-rate loans to an external benchmark — primarily the RBI repo rate. Each bank publishes their spread over this rate. LoanRateCal.in uses these publicly available spreads to auto-calculate the current indicative rate for each bank.
When RBI changes the repo rate, our rate tables update to reflect the new calculated rates. This means you always see rates that reflect the latest RBI policy — you don't need to visit each bank's website separately.
Important: The rates shown are indicative. Your actual rate will depend on your CIBIL score, employment type, loan amount and bank-specific credit risk assessment. Always get a formal rate quote from your bank before applying.
Editorial Policy
LoanRateCal.in is a utility tool, not a financial publication. All content is written by the site's developer based on publicly available RBI and bank data. We do not publish sponsored editorial content or paid rate listings. Bank "Apply" links on this site may be standard website links or, where labelled, affiliate links.
Interest rate information is updated manually after each RBI MPC meeting (approximately every 2 months) and whenever a major bank changes its published EBLR spread.
What LoanRateCal.in Does Not Do
- We do not process loan applications or refer you to specific banks for payment
- We do not store any financial data you enter into calculators
- We do not sell your data to banks or third parties
- We do not provide personalised financial advice
- We are not responsible for rate changes after our last update
Advertising
LoanRateCal.in is supported by Google AdSense advertisements. These ads allow us to keep all calculators and rate information free for everyone. Ads are placed in standard positions and do not interfere with calculator functionality. We do not allow pop-up or interstitial advertising.
Contact Us
For questions, corrections or feedback: hello@loanratecal.in
If you notice a rate that appears incorrect or outdated, please email us and we will verify and update it promptly.