| Bank Name | Interest Rate | Processing Fees | Loan Amount/ Tenure |
|---|---|---|---|
| SBI home loan | 6.75% - 7.30% (Floating Rate) |
0% - 0.35% (min. Rs.2,000; max. Rs.10,000) (Processing Fee) |
- Loan Amount 1-30 Years Tenure Range |
| HDFC Ltd. home loan | 6.70% - 7.30% (Floating Rate) |
Employed Individuals: 3,000 + Applicable Tax Self-Employed Individuals: 5,000 + Applicable Tax (Processing Fee) |
₹ 5L -₹ 10Crs Loan Amount 1-30 Years Tenure Range |
| UNION bank home loan | 6.80% p.a. onwards* (Floating Rate) |
- (Processing Fee) |
₹ 25L Min Loan Amount 1-30 Years Tenure Range |
| PNB Housing home loan | 7.20% p.a. onwards (Floating Rate) |
0.25% for Salaried 0.5% for Self employed (min 10,000 in both cases, excluding taxes) (Processing Fee) |
₹ 8L Min Loan Amount 1-30 Years Tenure Range |
| LIC HFL home loan | 6.90% p.a. onwards (Floating Rate) |
Up to ₹1 Cr - 0.25% of Loan Amount, subject to maximum ₹10,000/- (Plus GST), Above ₹1 Cr and up to ₹5 Crs - 0.25% of Loan Amount, subject to maximum ₹25,000/- (Plus GST) (Processing Fee) |
₹ 30L -₹ 5Crs Loan Amount 5-30 Years Tenure Range |
| AXIX bank home loan | 6.90% p.a. onwards (Fixed /Floating Rates) |
0.50% (min.₹ 10,000) (Processing Fee) |
₹ 5L -₹ 10Crs Loan Amount 1-30 Years Tenure Range |
| Aditya Birla Capital Home Loan |
9.00% – 12.50% p.a (Floating Rate) |
₹ 5,000 to ₹ 10,000 + applicable tax (Processing Fee) |
₹ 20L -₹ 10Crs Loan Amount 1-30 Years Tenure Range |
| Eligibility Criteria | Requirement |
|---|---|
| Age | Minimum Age: 18 years and Maximum Age: 70 years |
| Resident Type | The applicant must be (any one): Resident Indian Non-Resident India (NRI) Person of Indian Origin (PIO) |
| Employment | The applicant can be (any one): Salaried Self-employed |
| Net Annual Income | At least Rs.5-6 lakh depending on the type of employment |
| Residence | The applicant must have (any one): A permanent residence A rented residence where he/she has resided for at least a year prior to applying for a loan |
| Credit score | A good credit score of at least 750 or more obtained from a recognised credit bureau |
| Identity Proof (any one) | Residence Proof (any one) | Other Documents |
|---|---|---|
| Driving License | Copy of Electricity Bill/Water Bill/Telephone Bill | Employer Identity Card |
| PAN | Copy of valid Passport/Aadhaar Card/Driving License | Duly filled loan application form affixed with 3 passport size photographs |
| Voter ID | - | Loan account statement for the previous 12 months if the applicant has any other ongoing loan from other banks/financial institutions |
| Valid Passport | - | Bank account statements for all the bank accounts owned by the applicant for the last six months |
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