Apply for Home Loan Online @8.00%

4.8 stars based on 1206 reviews

Home Loan Details

Property Details

Employment Details

Personal Details

Co-Applicant Details

Comparison of Home Loans from Top Providers

Home Loans Interest Rate Comparison of Top Banks/NBFC (updated 22 Feb,2019)

Banks/NBFC

Institution Type

Minimum Loan Amount

Maximum Loan Amount

Minimum Tenure

Maximum Tenure

Interest Rates

Fees & Charges

Axis Bank

BANK

₹ 3,00,000

₹ 500,00,000

1 Year

30 years

8% - 11%

Up to 1% (min of ₹ 10,000) + GST  as applicable

Bajaj Finserv

NBFC

₹ 20,00,000

₹ 350,00,000

10 Years

20 years

Salaried: 8.85% - 10.30%

Up to 0.80% + GST  as applicable

           

Self Employed: 9.25% - 11.15%

Up to 1.20% + GST  as applicable

Citibank

BANK

₹ 2,10,000

₹ 10,00,00,000

1 Year

25 years

8.00% - 16.00%

₹ 10,000  + 0.20% of the Loan Amount + GST  as applicable

HDFC Bank

BANK

₹ 1,00,000

₹ 10,00,00,000

1 Year

20 years

8.80% - 9.55%  

Up to 0.50% or ₹ 3,000 (whichever higher) + GST  as applicable

ICICI Bank

BANK

₹ 5,00,000

₹ 3,00,00,000

1 Year

30 years

8.35% - 9.10%

0.5% + GST  as applicable

IndusInd Bank

BANK

₹ 1,00,000

₹ 1,00,00,000

1 Year

30 years

8.00% - 16.00%

₹ 5,000 to 2% + GST  as applicable

Kotak Mahindra Bank

BANK

₹ 5,00,000

₹ 10,00,00,000

5 years

20 years

8.90%

0 for online application; Offline application - Upto 1.25% + GST  as applicable

PNB Housing Finance Ltd.

HFC

₹ 50,000

₹ 75,00,000

1 Year

30 years

9.00% - 12.50%

1% + GST  as applicable

Standard Chartered Bank

BANK

₹ 10,00,000

₹ 35,00,00,000

1 Year

25 years

9.31% - 9.85%

Up to 1% + GST  as applicable

State Bank of India

BANK

₹ 5,00,000

₹ 200,00,000

5 years

30 years

9.10% - 9.45%

₹ 10,000  + 0.20% + GST  as applicable

Tata Capital

NBFC

₹ 2,00,000

₹ 500,00,000

1 Year

30 years

8.8% - 11.25%

0.5% + GST  as applicable

Rate of Interest is high ?

Try Applying for a higher Loan Amount as most bank reduce interest rates as loan amount increases

Not getting the desired Loan Amount?

Try Adding the income of a co-applicant like a working spouse

Have multiple existing loans?

Financebuddha can help you consolidate all your loans into one to increase your eligibility

Home Loan Details

Home Loan in India

Housing is one of the most basic needs for humans along with food and clothing. Every youngster strives to build a house and makes it the first priority. This is preferred over other expenditure in household and basic needs. Housing is a major investment that allows a family to cut down on much other expenditure. The potential homeowner must first look out for the family’s monthly income and then look out for a loan which is generous so that he need not spend his entire life repaying the loan.

It is much known thing that if you own can land, then it is easy to build a space for yourself which is comfortable and unique. Several home loans are now available from various banks in order to fulfill your dreams. Plot Loans or Land Loans are also avaialable in a varied range like loans for plot, construction, renovation etc. it provides robust service which includes fast approval of loans. Lenders make sure that they provide high standards of principles, integrity and simplicity.

Revised rates as of 22 Feb,2019 in different banks are listed above. This information will help you in comparing the rates between different banks before applying for a home loan. Grab the opportunity to enjoy the benefit for the whole year 2019. Slash in home loan rates will definitely give opportunity for those who were waiting for the right time to take a home loan.

Check out Our Guide for First Time Home Buyers

Home Loan Frequently Asked QuestionsView More

What is a Home loan?

Home Loan is a secured loan given by a bank against the security/hypothecation of an underlying property. In the event of failure to repay by the borrower, the bank can, subject to laws of India, attach/sell the underlying property and recover the principal amount and any outstanding interest thereon. A home loan can be availed for buying an under-construction property, resale property or even to construct a house on a vacant piece of land.

Home Loan Reviews

View More
Nitish

5 / 5

Kotak is really good in all its work and best in terms of providing services. They approved my home loan only in 6 days. Because of them only I am having my own home. They provided loan even when my CIBIL score was not that much good, the interest charged was somehow more as compared to others because of my CIBIL score.
Sagar Mehta

5 / 5

I took a home construction loan with Kotak. The rate of interest is 9% and processing fees is comparatively low. For the construction loan I had to submit the land papers. The processing was very fast. I am happy with my decision of going with Kotak.
Vikram Ghosh

5 / 5

Finance Buddha and Kotak are the institutions on which you can rely on at the time of need. I have taken a home loan with Kotak through Finance Buddha. The Finance Buddha team helped me throughout the process and my loan was approved on the 5th working days.
Unable to Decide? Get in Touch with Us
query@financebuddha.com

+91

Learn How to Manage Your Money to Retire Wealthy!