Compare home loan offers from India's top banks and find the best rates for your dream home
Plan your budget with our easy-to-use EMI calculator
Current home loan interest rates from India's leading banks
| Bank | Interest Rate | Processing Fee | Max Tenure | |
|---|---|---|---|---|
| State Bank of India | 8.40% p.a. | 0.35% of loan | 30 years | Apply |
| HDFC Bank | 8.50% p.a. | 0.50% of loan | 30 years | Apply |
| ICICI Bank | 8.55% p.a. | 0.50% of loan | 30 years | Apply |
| Axis Bank | 8.60% p.a. | 1% of loan | 30 years | Apply |
| Bank of Baroda | 8.40% p.a. | ₹8,500 flat | 30 years | Apply |
| Kotak Mahindra | 8.70% p.a. | 0.50% of loan | 25 years | Apply |
* Rates are indicative and subject to change. Contact the bank for the latest rates.
Key factors that determine your home loan eligibility
Salaried: 21-60 years. Self-employed: 25-65 years. Younger applicants typically get longer tenures.
Banks typically allow EMI up to 40-50% of your net monthly income. Higher income means higher eligibility.
A CIBIL score of 750+ gets you the best rates. Score above 650 is generally required for approval.
Minimum 2 years of work experience for salaried. 3+ years of business vintage for self-employed.
ID proof, address proof, income proof (salary slips/ITR), bank statements, and property documents.
Banks finance up to 80-90% of property value. You need to arrange 10-20% as down payment.