mortgage loan interest rates . 9.5 % to 11%. TOW TYPES OF INTEREST RATES : An individual who wishes to take a loan against property can choose between two types of interest rates. These interest rates vary according to the duration of the loan. FIXED INTEREST RATE : duration 5 to 10 years , This interest rate remains fixed throughout the loan duration. It varies from institution to institution but the general rate . ADJUSTABLE RATE: duration 10 to 15 years , This interest rate is not fixed and static, it varies according to prevailing market conditions. mortgage loan eligibility. 50% to 60% of the fair market value of the property mortgaged as per the latest valuation report. The valuation report should be from an approved valuer of the Bank and not older than six months at the time of sanction.