Home Loan Interest Rate of SBI, ICICI Bank, HDFC, Axis Bank and other Top Banks Bank

Name Interest Rate Max Loan Amount(in Rs.) Processing Fees Plus GST Pre-Payment & Foreclosure Charges Axis Bank 7.75% - 8.55% Upto Rs.20 Cr. ₹ 10000 - Upto 0.35 % After 12-month NIL ICICI Bank 7.70% - 9.40% Upto Rs.20 Cr. ₹ 5000 - Upto 0.50 % After 12-month NIL Kotak Mahindra Bank 8.55% - 9.65% Upto Rs.20 Cr. 0.50 % - Upto 0.50 % After 12-month NIL PNB Housing 7.15% - 8.95% Upto Rs.5 Cr. 0.50 % - Upto 1.00 % After 12-month NIL, if

2-3% if Firm/company is co-applicant to the loan + GST IDFC First 8.00% - 9.50% Upto Rs.7 Cr. ₹ 10000 - Upto 0.50 % After 12-month NIL, if

2% if Firm/company is co-applicant to the loan + GST Bank of Baroda 6.85% - 7.35% Upto Rs.10 Cr. 0.50 % - Upto 0.50 % NIL LIC Housing Finance 7.50% - 8.50% Upto Rs.10 Cr. 0.50 % - Upto 0.00 % After 12-month NIL, if

2-3% if Firm/company is co-applicant to the loan + GST SBI 7.95% - 8.95% Upto Rs.10 Cr. ₹ 5000 - Upto 0.25 % NIL Check My Home Loan Eligibility Now >>

Home Loan in India A home loan in India is provided by Banks and Housing Finance Companies for the purchase of a residential purpose property. Housing Finance Lenders/Financers in India includes Indian Private sector Banks, India Public Sector Banks, Multinational Banks, Scheduled Banks Cooperative Banks and NBFCs with Housing Finance company License (HFC License). A Home loan is a secured loan and the property you are buying get mortgaged with the financer lending you the loan, Private Sector Banks Leading India Private Sector Bank Offering Home Loans are ICICI Bank, Axis Bank, Kotak Mahindra Bank, Yes Bank, Federal Bank and others. Public Sector Banks Leading Public Sector Banks in India actively offering housing finance or home loans includes the State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BOB), Union Bank, Bank of India, IDBI Bank, Central Bank, Bank of Maharashtra and others. Non-Banking Financial Corporations(NBFCs) NBFCs are very actively offering Home Loans in India and have customized products and offers in home loan to meet every home loan requirement and they have a very deep penetration in the India top Cities to smaller cities. HDFC Limited, LIC Housing, PNB Housing Finance Limited, ICICI Housing Finance, Tata Capital Housing Finance, Aditya Birla Housing Finance, Bajaj Finserve, are leading NBFCs offering home loans in the country. Multinational Banks MNC Banks offers very competitive interest rate for home loans in India, most actively lending MNC Banks includes Citibank, Standard Chartered Bank (SCB), DBS Bank, Sinhan and others. Housing Finance companies offer home loans to Indian Residents working in a public/private sector enterprises or a Multinational Corporation, Self- Employed Individuals having own business, NRIs (Non-Resident Indians) & PIOs. Some of the NBFCs offer home loan to Firms and companies as well where the business entity is purchasing a residential purpose property for the accommodation of business owner or employees of the organisation. Financers in India offer home loan for a tenure of 1 year to 30 years, depending on the age of the loan applicants for a loan amount ranging from as low as Rs. 2.00 to Rs. 25.00Crores or even more depending on the income eligibility of a borrower. In Indian metro cities banks, have sanctioned and disbursed loans to the tune of Rs. 200Cr to 400 Cr or even higher, in simply means the upper cap of a home loan amount is not fixed and depends on the risk-taking appetite of the financers and loan eligibility of the borrower. The home loan interest rates in India varies from as low as 8.05% to 11.25% percent depending on the cost of the funds of the lender. Banks home loan lending rate is linked to MCLR of the bank and NBFCs lending rate is linked to PLR of the NBFC.

Type of Home loan available in India To meet every requirement Financers including Banks and NBFCs offer different type of home loans to home buyers based on the property he/she is buying, below is the type of home loan available in India: Home Purchase Loan This is the most common type of home loan taken in India for the purchase of a residential property. A residential purpose property can be: A ready or an under construction apartment

A ready or an under-construction Independent Property Bungalow etc

A ready or an under construction row house All the home loan lenders in India like HDFC, SBI, Axis Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, Citibank and others are providing this type of home loan for property purchase. Home Construction Loan This loan is available for construction of a new residential property. Home Construction loan can be funded by a housing finance company for construction of a bungalow, row house etc. SBI, HDFC, ICICI, Axis Bank, IDBI Bank, PNB, Andhra Bank and many others are offering this type of house loan. This type of home loan is also called Self Construction Home Loan. Home Improvement Loan This type of loan is provided to repay, upgrade and or renovation of an existing residential property. Home Extension Loan This type of home loans are given for expanding or extending existing residential property or for adding an extra room, etc. Balance Transfer Home Loan This type of home loan helps you to pay off an existing home loan by availing another loan from a different mortgage lender. Check My Home Loan Eligibility Now >>

Balance Transfer Home Loan with Top Up This type of home loan is provided by banks to balance transfer or refinance a borrowers existing home loan with an addition top – up (cash-out) which may be used for extension of your residential property, home renovation, furnishing your house or other personal use. Leading financers offering Balance transfer home loan with Top Up facility includes- Axis Bank, ICICI Bank, HDFC, Standard Chartered Bank, Citibank, Kotak Mahindra Bank, DBS Bank, Yes Bank, Aditya Birla Housing Finance, Tata Capital. These banks can offer you a top up amount up to 70 percent valuation of the current market valuation of the property. Land Purchase Loan This type of a home loan is provided by banks/NBFCs for the purchase of a land for building a bungalow. Refinance Home Loan A refinance home loan helps you to pay off another debt you may have taken to purchase/ build a house. You refinance a housing loan to pay off the other non-home loan. NRI Home Loan This type of home loan in tailored for Non-Resident Indians (NRIs) planning to purchase/build a house in India. If you are an NRI check best rate for NRI home loan at iservefinancial.com. Leading banks for NRI Home Loan in India are Axis Bank, ICICI Bank, SBI, Citibank, Standard Chartered bank, DBS, HSBC, Bank of Baroda (BOB), Kotak Mahindra Bank and HDFC Limited.

Features of Home Loan There are more than 50 financers large and small offering housing finance, to stay competitive Banks & NBFCs provide home loans with very attractive features, below is the key features for home loans Home Loan Amount Banks and NBFCs offer home loan from Rs. 2.00Lacs to Rs 25.00 Crores and more. Depending on a borrower’s loan eligibility and property value. Banks and NBFCs have provided a loan amount up to hundreds of crores in metro cities of India like Mumbai, Delhi and Bangalore so there’s no upper cap of loan amount in with some of the financers Home Loan Interest Rates Home Loan interest rate varies from 10.65 to 15 percent variable or fix. The rate of interest a bank offers you is linked with the MCLR of the (Marginal Cost of fund Based Lending Rate) as guided by the central bank of India. Interest rate on home loan offered by NBFC, HFCs are based on PLR of the financer (Prime Lending Rate) Type of Home Loan Interest Rate In India home finance companies operate with two type of interest rates, fixed rate of interest and variable rate of interest or floating rate Fixed Rate Home Loan Fixed Rate of interest in home loans means, the rate of interest sanctioned to you will remain fixed for the specified duration/ tenure of your loan, it can also be the complete tenure of the loan. This means that you do not get any benefit if the rate of interest in the home loan market goes down/drops (or move downward). At the same time, you do not get affected if the rate of interest in the market increases. Under fixed rate of interest home loans, the banks/NBFC retains the right to increase or decrease the rates post specified intervals. You must read the bank loan agreement carefully before signing it. Check fixed rate home loan offers. Banks and NBFCs offering fixed rate are HDFC, PNB, SBI, ICICI Bank, Axis Bank and others Floating Interest Rate Home Loans Home loans with floating rate of interest keep fluctuating according to the bank/s & market lending rates. This means that a home loan borrower stands the risk of paying more than the interest assigned in case the lending rates goes up. At the same time, as and when the lending rate reduces the customer tends to get the benefit of paying a lower EMI. Check Floating rate home loans from SBI, Axis Bank, ICICI Bank, HDFC Bank and others at iservefinancial.com Semi-Fixed Rate Home Loan Semi fixed rate home loan offer is a type of rate, which is fixed for less than the complete tenure of the loan but not for the entire term. It can be fixed for 1, 2 or 5 years (or more) as decided by the mortgage lender. Full Term Fixed Rate Home Loan It is fixed for the entire tenure of the loan- When you are applying for a home loan with fixed rate of interest, the home finance company will offer you a rate of interest which is fixed for the entire term of the loan. Home loan interest rate offer for Salaried/ Self-Employed Individuals The rate of interest a Bank or NBFC offers you depends your credit & risk profile which may include your profession- salaried/self-employed, the company you work for, total number of years of experience you have, repayment track on your existing or closed loans, your income and the loan amount required. If you are salaried, higher the income and loan amount requirement you have a good chance of getting a better, it also depends on your employer if you are working with top 500 companies of India it further improves your chances of getting a lower rate from the lender. If you are Self-employed business owner with higher income, higher the loan amount you strike a better chance of getting lower rate from the lenders. It also depends of your loan repayment history, banking transactions etc. Home Loan Tenure Banks and NBFCs in India offer a home loan tenure starting from 1 year to 30 years, depending your age at the time of application of the loan and maturity of the home loan. The home loan term a bank or NBFC provides you must get over before you turn maximum age limit defined by the banks. The maximum age criteria of financers are 58 years for salaried individuals and 65 years for Self-employed business owners. Minimum age criteria to apply for a home loan is 23 years for the primary/main applicant of the loan and co-applicant income not considered should be at least 18 years. Axis Bank, SCB, SBI, ICICI Bank and HDFC limited offers a home loan tenure up to 30 years. Check My Home Loan Eligibility Now >>

Collateral Security Required for Home Loan A Home loan is a secured loan; it means the financer offering you the loan comes against a collateral security. The residential property for the purchase of which the bank is funding you a housing loan get mortgaged with the financer and the mortgage get released post the loan gets repaid by you. The lenders in India generally do an oral equitable mortgage of the property in all home loans and not a registered mortgage. Oral equitable mortgage costs a borrower between 0.10 to 0.20 percent of the borrowed loan amount (franking charges varies in different states) and it get executed by signing lenders loan agreement and depositing the legal, title and ownership documents of the property. Pre-Payment Charges for Home Loan- No Pre-Payment Charges As per the RBI guide lines all the public/ private sector banks MNC Banks and NBFCs lending home loans to salaried or self-employed individuals, offers a home loan without any pre-payment charges. Banks or NBFCs lending home loan to firms and companies generally charges a pre-payment charge based on their policies. SBI, HDFC, ICICI Bank, Axis Bank, SCB and other don’t charge a penalty for pre-part payment of home loans. Foreclosure or Early Closure Charges for Home Loan- No Foreclosure Charges Home Loan lenders including banks and NBFCs do not charge any penalty on home loan provided to salaried or self-employed individuals. However, lenders charge a penalty on early closure of home loans given to firms or companies. Home Loan Repayment Home loan repayment is made using Equated Monthly Instalments (EMI) for the tenure of the loan. EMI consist of principal as well as interest component in it. An EMI starts from the next calendar month post disbursal of the loan, date of home loan EMI is fixed as per a bank’s policy and to be paid every month. Most of the home loan lenders have a home loan EMI date between 1st and 10th of every calendar month. Co-Applicant for Home Loan Lenders take a co-applicant to you for increasing your home loan eligibility. Generally, spouse is preferred as a co-applicant in the loan, in case the home loan applicant is single one of the parents can come into the loan structure as co-applicant. All the joint property owners have to be compulsorily a co-applicant in the loan. Home Loan Processing Fee A lender charges you a small processing fee when you take a loan to cover the initial cost for processing, sanction and disbursal of your home loan. Home loan processing fees covers below mentioned expenses Documentation of home loan

Sanction process of home loan

Valuation of property

Legal & title clearance for property and other charges which the bank incurs initially A home loan processing fees range starts from Rs. 5000/- only and goes up to 2% of the loan amount. A processing fee for your housing finance depends on below mentioned factors: Quantum of finance

Type of property you are purchasing- Ready property, under construction property, an apartment in an approved project/unapproved project, a residential plot etc.

Lender- Bank/NBFC We have pre-negotiated deals for our customers for the lowest processing fee in the market. iServe guarantees the lowest processing fees for home loan in India Loan Amount to Purchase Cost of the Property The loan amount a financer will fund you against the cost of the property depends on the quantum of loan amount you are proposed to take. Lower is the loan amount higher will be the loan amount to cost of acquiring the property. For a home loan amount up to Rs. 75.00 Lacs you get up to 80 percent of the cost of the property and above Rs. Rs. 75.00 Lacs the ratio will be 75% of the cost of the property. Guarantor in Home Loan Generally, Banks and NBFCs don’t take any guarantor for your home loan. Based on your overall profile lenders may ask you for a guarantor.

Home Loan Eligibility Eligibility for Home Loans - If you are applying for a home loan with any of the lenders in India, your home loan eligibility, the loan amount you are eligible to take will depend on below mentioned factors: Income eligibility for a home loan A housing finance company will assess your financial capacity to repay the home loan you are proposing to take. Your repayment capacity for the loan is based on your monthly disposable income or surplus income. In addition to your individual disposable income lender will also looks at other factors like your Spouse’s income

Total family assets

Stability of income

Other loans and obligations

Age of applicants The main concern for the funding bank is to make sure that you can repay the loan comfortably on time and the end use of the housing loan provided. Higher the monthly disposable income higher would be your home loan eligibility. Generally, a mortgage lender assumes and calculates your loan eligibility by taking 60-70% of your monthly disposable income and capping your housing finance EMI to that extent.The home loan amount you will be eligible to take will also depend on the Tenure of housing loan and the rate of interest you are getting from the bank, higher the tenure and lower the rate higher will be the eligibility. Lowest Rate for Home Loans in India Lowest rate for home loan in India is provided by Banks as their cost of funds are cheaper compared to their NBFC counterparts. Lowest rate for home loan in India is offered by Axis Bank, ICICI Bank, SBI,Standard Charted Bank, PNB Housing Finance and HDFC limited. The rate of interest a borrower gets from a lender also depends on overall credit and risk profile of the borrower comprising net monthly income to compute the loan eligibility, repayment capacity and track on existing borrowings, CIBIL score, asset type proposing to purchase and the size of loan amount proposed to borrow. Below is the list of financers offering lowest rate for home loans: Lowest Rate Home Loan-Updated on 22-September-2020 Financer Name Rate for Home Loan Axis Bank 7.75% ICICI Bank 7.7% Punjab National Bank 9.25% SBI 6.95% Standard Chartered Bank 8.85%

Home Loan Eligibility Criteria Home loan provided by Bank and NBFCs are secured type of loan and are given for a long tenure considering the loan amount size and the income of Individuals. Different lenders or financers have different loan eligibility criteria’s which covers age, Income, business, job stability etc. Home Loan Income Eligibility and Criteria for Salaried Individuals Under resident Indian home loan schemes- A Salaried Individual applying for a home loan must be an Indian resident with valid KYC (Know your customer) and financial documents, with a regular and stable monthly income to repay the home loan.

Age- Minimum age required to apply for a home loan is 21 years, maximum age is 58 years or the retirement age, whichever comes earlier. A home loan should get repaid before the borrower crosses the maximum age limit as defined by the finance

Income- Minimum net income required for a salaried individual is Rs. 20.00 thousand per month

Working experience and Job Stability- the applicant should have at least 2 years of working experience in a full time employment.

Repayment track on all loans- A salaried individual applying for a home loan should have a clear repayment track on all the existing loans and the closed loans and credit card.

Residence Type- a loan applicant must be staying at the current residence for at least last 6 months or should be a self-owned or parental property.

Credit Bureau Score- Salaried individuals applying for a home loan should have minimum 700 CIBIL score (Credit Bureau Score). CIBIL score depends on your banking, loan and credit card repayment behavior, a good CIBIL score depends on your clear repayment track on loans and Credit Cards. Less than 700 CIBIL cases are referred to the banks policy and risk team for a deviation to approve the loan and are subject to the approval. If you have never availed a loan or credit card from a Bank or NBFC in that case your CIBIL score should be minus one (-1), in such situation banks take a policy deviation to approve the home loan for a salaried individual.

Under home loan for salaried scheme, salaried individuals working with India private sector companies, Public sector enterprises, Multinational companies (having operation in India), Employees of Banks, Schools/collages and local corporates are eligible to apply for a home loan. Home Loan Income Eligibility and Criteria for Self-Employed Business Owners Under resident India home loan schemes for Self Employed Individuals and Business Owners- A self-employed business owner must be an Indian resident with valid KYC (Know your customer) and financial statements, with a regular and stable monthly business income to repay the home loan.

Age- Minimum age required to apply for a home loan is 21 years, maximum age is 65 years. A home loan should get repaid before the borrower crosses the maximum age limit as defined by the financer.

Income- Minimum net profit required for a self-employed individual is Rs. 2.50 lacs per annum.

Working experience and Job Stability- the loan applicant must be into the business for at least 3 years at the time of application for the loan.

Repayment track on all loans- A Self-employed individual applying for a home loan should have a clear repayment track on all the existing loans and the closed loans and credit card, taken in the name of business or individual.

Residence Type- a loan applicant must be staying at the current residence for at least last 6 months or should be a self-owned or parental property.

Credit Bureau Score- Self-employed individuals applying for a home loan should have minimum 700 CIBIL score (Credit Bureau Score). CIBIL score depends on your banking, loan and credit card repayment behavior, a good CIBIL score depends on your clear repayment track on loans and Credit Cards. Less than 700 CIBIL cases are referred to the banks policy and risk team for a deviation to approve the loan and are subject to the approval. If you have never availed a loan or credit card from a Bank or NBFC in that case your CIBIL score should be minus one (-1), in such situation banks take a policy deviation to approve the home loan for a self-employed business owner.

To be eligible to apply for a home loan under self-employed scheme, the loan applicant should be running own business entity and can be into the business of trading, manufacturing, providing service, consulting or practicing professional like CA, CS, Doctor etc. Should be filling income tax and other statutory taxes on time.

Top Home Loan Providers in India with Their Best Offers Home Loan Provider What Makes It Best Home Loan Axis Bank Home Loan Higher Loan Tenure, Low interest rate, Fast Service ICICI Bank Home Loan Fast turnaround time, Higher Loan Tenure & Service Kotak Mahindra Bank Home Loan Higher Loan Eligibility, Great Offers for Self-employed borrowers. PNB Housing Home Loan High loan eligibility and all type of loans IDFC First Home Loan Highest loan eligibility & structure of loan Bank of Baroda Home Loan Low interest rate, good for smaller loan amounts LIC Housing Finance Home Loan Network of branches and lower rates SBI Home Loan Lowest Interest Rate & Zero Processing Fees Axis Bank Home Loan : Higher Loan Tenure, Low interest rate, Fast Service Key Features Loan Tenure up to 30 years

Home Loan with over draft facility

Higher Loan Eligibility for Salaried borrowers

Low interest rate among private Banks

Nil Prepayment charges

Nil Foreclosure charges Interest Rate Tenure EMI Interest Payable in 5 years 7.75% 30 years ₹ 716 ₹ 157908 Check My Eligibility Now ICICI Bank Home Loan : Fast turnaround time, Higher Loan Tenure & Service Key Features Quick Service & transparent process

Great offers for Salaried individuals

Loan up to 30 years for salaried individuals

Low Processing fees

Nil Prepayment charges Interest Rate Tenure EMI Interest Payable in 5 years 7.7% 30 years ₹ 713 ₹ 156666 Check My Eligibility Now Kotak Mahindra Bank Home Loan : Higher Loan Eligibility, Great Offers for Self-employed borrowers. Key Features Higher Loan Eligibility for self-employed borrowers

Discounted interest rates for all category of borrowers

Higher loan tenure and simplified process

Loan up to 30 years for salaried borrowers

Nil Prepayment charges after 1 year Interest Rate Tenure EMI Interest Payable in 5 years 8.55% 20 years ₹ 871 ₹ 109038 Check My Eligibility Now PNB Housing Home Loan : High loan eligibility and all type of loans Key Features Home Loan for plot purchase, self-construction and others

Good network of branches

Loan to all type of customers

Loan up to 25 years for salaried individuals

Nil Foreclosure charges Interest Rate Tenure EMI Interest Payable in 5 years 7.15% 30 years ₹ 675 ₹ 143146 Check My Eligibility Now IDFC First Home Loan : Highest loan eligibility & structure of loan Key Features Highest loan eligibility for self-employed and salaried borrowers

Great offers for Home Loan Balance transfer

Balance Transfer with Top Up options

Loan to all type of customers

Loan up to 25 years for salaried individuals

Nil Foreclosure charges Interest Rate Tenure EMI Interest Payable in 5 years 8% 25 years ₹ 772 ₹ 131545 Check My Eligibility Now Bank of Baroda Home Loan : Low interest rate, good for smaller loan amounts Key Features Higher Loan Eligibility for salaried individuals and pensioners

Loan up to 30 years for salaried individuals

Nil Prepayment charges

Nil Foreclosure charges

Low processing fees Interest Rate Tenure EMI Interest Payable in 5 years 6.85% 20 years ₹ 766 ₹ 83917 Check My Eligibility Now LIC Housing Finance Home Loan : Network of branches and lower rates Key Features Wide network of branches and offers all type of housing loans

Home Loan for plot purchase, self-construction and others

Good for government sector employees

Low processing fees

Low interest rate Interest Rate Tenure EMI Interest Payable in 5 years 7.5% 20 years ₹ 806 ₹ 93342 Check My Eligibility Now SBI Home Loan : Lowest Interest Rate & Zero Processing Fees Key Features Lowest interest rate for salaried individuals & women borrowers

Nil processing fees for all loan amounts

Lowest interest rate for all category of customers

No Foreclosure Charges

Nil Prepayment charges Interest Rate Tenure EMI Interest Payable in 5 years 7.95% 35 years ₹ 707 ₹ 196785 Check My Eligibility Now

Leading Home Loan Providers In Mumbai, Pune, Bangalore, Delhi And NCR, Hyderabad, Chennai, Kolkata And Other Parts Of India Home loan in India is provided by Banks, NBFCs with HFC license, for a home loan borrower the list of loan providers is long and little confusing, but a careful analysis & comparison of home loan features and understanding of eligibility simplifies the decision making process of borrower. Below is the list of Banks and NBFCs offering home loan in India: Home Loan Offer from Banks Leading private sector banks offering home loan in India includes ICICI Bank, Axis Bank, HDFC Bank, Kotak Mahindra Bank, Yes Bank and others. Leading PSU Banks includes SBI, Oriental Bank, Corporation Bank, Bank of India, Dena Bank, Andhra Bank etc. MNC Banks offering home loan including SCB, Citibank, HSBC bank, DBS, Deutsche Bank. Other than PSU, MNC and private banks scheduled banks and cooperative banks are also very actively giving home and mortgage loans to borrowers.

While compering and choosing home loan, an individual often get confused as there are so many home finance institutions offering home and mortgage loans with similar looking features, the difference between NBFC and Bank loans are very few. NBFCs have higher risk taking appetite compared to Banks, with the same income, the loan amount an NBFC offers you would be higher than a banks offer as NBFCs take little higher percentage of your net monthly income to arrive into your loan eligibility. Other than that NBFCs have multiple method to work out your loan requirements, if you are not eligible for a loan amount required on the basis of your income documents, your home loan in an NBFC can be structured on the basis of your other loan repayment track, your rental income, bank statements as well. Depending on cost of funds Banks offer little lower interest rates on home loans compared to NBFCs. Home Loan Offers from Top Banks Banks are offering very attractive rate of interest to the home loan borrowers as their cost of raising the funds are comparatively lower than the housing finance companies. Banks are being able to leverage the network of bank branches they have and the CASA accounts of existing customers. Network of branches enable banks to provide quick and easy access of home loans to their borrwers. Home Loan from ICICI Bank ICICI Bank the largest private sector bank of the country offers home loan in more than 200 larger and smaller cities of the country. With a wide network of branches and CASA account base its able to provide home loan to the masses. The minimum loan amount ICICI Bank offers can be as low as Rs. 5.00 Lacs and the maximum loan amount can go as high as Rs 25.00 or even more depending a borrower’s home loan eligibility and property price. Why Choose an ICICI Bank Home Loan ICICI Bank Home loan offers easy application process, you can apply online through iServefinancial, visiting a bank branch or apply online using banks website.

Simple documentation for home loan

Fast home loan process, sanction to disbursal can happen in 5 working days’ time.

Competitive interest rate for Home Loan

Door step service, iServefinancial offers a doorstep service to its customers

No- foreclosure charges

No- Part payment charges

Loan offer for salaried and self-employed segment of customers Axis Bank Home Loans The 3rd largest private sector bank of India is also one of the largest home loan lender. It provides a home loan with minimum loan amount of Rs. 15.00 Lacs to as higher as 25.00 Crores. Why to Choose an Axis Bank Home Loan Axis Bank offers home loan for all the category of customers, it has designed Asha home loan for affordable housing to cater to the lower income category of borrowers.

Home loan for all there’s no negative profession or business all can apply for home loan with Axis Bank

Offers one of the highest tenure in home loan- up to 30 years

Easy application process, fast sanction and disbursal processes

Service home loan customers with the help of its bank branches and Asset center across the country for customer ease.

Offers one of the lowest interest rate in home loan

Offers home loan balance transfer facility with top up options SBI Home Loan The largest India bank of India SBI is also the largest home loan lender in the country, with the widest network of its bank branches SBI home loan reaches borrowers in every small and large city of the country. The minimum loan amount SBI offers is Rs. 5.00Lacs and there is no upper cap on maximum loan amount. The maximum loan tenure home loan from SBI comes with 30 years, subject to a loan applicant meeting the age criteria of the bank. SBI offers a home loan for all, it has a wide range of home loan offers designed to meet every Indian households home loan requirement.

Wide network of branches to deliver the home loan service

Offers home loan up to 80% of the value of the property

No upper cap on home loan amount

Lowest interest rate in home loans Home Loan Offers From Top Banks Financer Name Lowest Interest Rate on Home Loan HDFC Bank 10.5% Yes Bank 10.75% Axis Bank 11.25% ICICI Bank 11.5% Kotak Mahindra Bank 11%