|Home Loan Rate Starts At||6.50%|
|Processing Fee||Up to 1% of loan amount|
|Loan Tenure||30 years|
|Lowest EMI Per Lakh||₹ 2,926|
|Prepayment Charges||Nil foreclosure charges on floating rate home loans|
Signed Application form with photo.
Identity Proof - PAN card, Passport, Driving License, Aadhaar Card, Voter id, Govt issued i-card.
Any residence proof like Passport, Driving License, Election ID card, Electricity/ Telephone/ Mobile bill/ Bank statement (not more than 3 months old) etc.
Salary slip, bank statement of 6 months, Form 16 "Documents Related to Property"
|BANK/NBFC||ROI||EMI per lac for 30 yrs|
|Bank of Baroda||6.50%||632|
|Punjab & Sind Bank||6.70%||645|
|IDFC First Bank||6.80%||652|
|Indian Overseas Bank||6.80%||652|
|Karur Vysya Bank||6.90%||659|
|Jammu & Kashmir Bank||7%||665|
|Ujjivan Small Finance Bank||9%||805|
|Au Small Finance Bank||9%||805|
|Utkarsh Small Finance Bank||9.50%||841|
|LIC Housing Finance||6.66%||642|
|GIC Housing Finance||7.65%||709|
|PNB Housing Finance||6.90%||658|
|TATA Capital Home Finance||6.90%||658|
|Indiabulls Home Loans||8%||733|
|Bajaj Home Finance||6.80%||651|
|Shriram Housing Finance||10%||877|
|IIFL Home Loans||7.50%||699|
|Hero Housing Finance||9%||804|
|Capri Home Loans||9.50%||840|
|Capital India Home Loans||11.50%||990|
|Piramal Capital and Housing Finance||10.50%||914|
|India Shelter Housing Finance||12.50%||1068|
|Vaastu Housing Finance||11.50%||990|
|Aadhar Housing Finance||12%||1028|
|LT Housing Finance||6.80%||651|
A home loan is a credit facility provided by banks, housing finance companies and NBFCs to buy or construct a home by keeping the house as collateral. Most of the banks finance loans up to the maximum limit of 90% of the property’s value, against the mortgage of underlying house as security.