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Mortgage loan interest rate lowest now at 10.75% Mortgage Loans, which are being offered at different banks to the people, have generally an interest rates of around 11.50% to 16%. All the banks in India, either they are Private Sector Banks or Public Sector, show the similar trend while providing the facility of Mortgage Loans. With the Documentation works, and other process, which involves the processing charges, the people have some kind of pains to bear for the purpose of Mortgage Loans.