A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • Home Loans in Bhopal

    Home loan in Bhopal can be availed by eligible individuals. Public and private sector banks offer loans at attractive interest rates that range between 7.10% p.a. and 12% p.a. The processing fee charged on the loans are minimal. You can repay the loan amount at affordable EMIs within 30 years.

    Home Loan Interest Rate in Bhopal

    Interest Rates 7.10% p.a. - 12% p.a.
    Processing fee 0.50% of the loan amount
    Maximum Loan Amount Varies on the income of the applicant
    Maximum Tenure Up to 30 years

    Compare: Home Loan Interest rate

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    We found 37 Bhopal Home Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    PA PL OTP
    8.40% - 8.50% Floating
    Up to 0.25%(Max ₹25,000) One time fee
    Rs.30L - Rs.5Crs
    5 - 30 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.65% - 10.35% Floating
    Up to 0.50% One time fee
    Rs.5L - Rs.10Crs
    3 - 30 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.35% - 9.18% Floating
    0.50% - 2.00% One time fee
    Rs.20L - Rs.5Crs
    1 - 30 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    6.95% - 7.50% Floating
    Up to 0.50%(Max ₹11,800) One time fee
    Rs.5L - Rs.10Crs
    1 - 30 Years
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    8.99% - 9.75% Floating
    Up to 1.00% One time fee
    Rs.2L - Rs.3Crs
    1 - 30 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.60% - 9.50% Floating
    0.50% One time fee
    Rs.12L - Rs.5Crs
    1 - 20 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.40% - 11.75%
    0.50%(Min ₹10,000) One time fee
    Rs.5L - Rs.10Crs
    1 - 30 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    7.30% - 7.80% Floating
    ₹10,000 One time fee
    Rs.50L - Rs.5Crs
    1 - 25 Years
    What you'll love
    Documents
    Perks
    Good to Know
    9.00% - 12.50% Floating
    Up to 1.00% One time fee
    Rs.20L - Rs.10Crs
    1 - 30 Years
    What you'll love
    Documents
    Perks
    Think about
    Good to Know
    9.25% Floating
    0.50%(Min ₹10,000) One time fee
    Rs.1Cr - Rs.5Crs
    1 - 20 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    6.90% - 7.15% Floating
    Up to 0.50%(Max ₹15,000) One time fee
    Rs.25L onwards
    1 - 30 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Eligibility Criteria
    9.25% - 11.20% Fixed
    Up to 0.50% One time fee
    Rs.2L - Rs.3Crs
    1 - 30 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know

    Best Home Loan Providers in Bhopal

    Home Loan Providers Branch Location
    State Bank of India T.T. Nagar, Bhopal,
    Madhya Pradesh - 462003
    Bank of Baroda 110, Laxmi Nivas,
    Sindhi Colony Berasia Road, Bhopal,
    Madhya Pradesh - 462001
    Central Bank of India 9, Arera Hills, Jail Road,
    Bhopal - 462011
    Union Bank of India P.B No. 71,
    Post Jumerati, Bhopal,
    Madhya Pradesh - 462001
    HDFC Bank 62, Hotel Blue Star, Nav Bahar,
    Ground Floor, Hamadia Road, Bhopal,
    Madhya Pradesh - 462001
    ICICI Bank 1/A, Pink Tower, Padamnabh Nagar,
    Ashoka Garden, Bhopal,
    Madhya Pradesh - 462023
    Axis Bank PN 1, Ground and 1st Floor, Patel Plaza,
    Berasia Road, Hamidia Road, Bhopal,
    Madhya Pradesh - 462001

    Eligibility and Documents

      Eligibility Documents Required
    Age 18 years – 75 years Voter ID, Driver’s license, Passport,
    Residency Resident and non-resident Indians Copy of telephone Bill, electricity bill, water bill, piped gas bill, Aadhaar card.
    Employment Salaried and Self-employed Employer ID
    Income
    • Salaried – Rs.10,000 per month onwards
    • Self –employed – Income of Rs.1.8 lakh p.a.
    Salaried
    • Salary slips for the last three months
    • Bank statements for the last six months
    • IT returns
    • Form 16
    Self-employed
    • IT returns for the last three years
    • Bank statement for the last one year
    • Profit and loss account with balance sheet for the last three years

    In case, you are planning to avail a home loan in Bhopal, you can apply online or walk into any of the banks listed above. The loan can be availed at affordable rates and without must hassle.

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    Bhopal Home Loan Reviews

    • HDFC Limited Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have taken a home loan with HDFC bank on 5 years before which was processed directly to bank. The loan amount which was provided sufficient of 26 lakhs for the tenure of 30 years. The rate of interest and processing fee are nominal. I use to get a call from bank for a payment to done on monthly basis.
      Was this review helpful? 0
      , bhopal
      Reviewed on Aug 10, 2019
    • HDFC Limited
      HDFC Limited Home Loan
      "Good Experirence"
      0.5 4.5/5 "Excellent!"
      HDFC Limited quoted 9.5% of interest on my home loan, the process was easy but they have taken some time to sanction the amount. The documents was easy the builder have taken care, I purchased apartment with their help. Everything was satisfied with them.
      Was this review helpful? 2
      , bhopal
      Reviewed on Apr 05, 2019
    • Sundaram BNP Paribas Home Finance Limited Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have applied the home loan from Sundaram through online channel. They are good in service. I am okay with the rate of interest rate but they have provide only 1L as top-up loan which am not satisfied. The documentation process was very easy. The loan tenure is 19 years and purchased the residential property.
      Was this review helpful? 1
      , bhopal
      Reviewed on Jan 08, 2019
    • Indian Bank Home Loan
      "Be Aware of Hidden Charges"
      0.5 1.0/5 "Really Bad"
      Staff would be good throughout the processing but there are hidden charges and then Staff would show complete ignorance about these charges. I was told that no processing fee for home loan (CRE), but later they deducted saying we didn't know it was there and nothing can be done about it. Secondly, I clearly said, I am not interested in taking the home loan insurance, and if there is any mandate, I would prefer not to take it from Indian Bank. However, Post loan, they put a mandate to do Home loan insurance and saying, they will deduct it from account.
      Was this review helpful? 4
      , bhopal
      Reviewed on May 09, 2018
    • Punjab National Bank Home Loan
      "Good customer service"
      0.5 4.0/5 "Great!"
      I have applied for the home loan from PNB housing finance, my loan application was closed because there was a property issue. When it comes to customer service, it was good and i liked their way of approaching. The rate of interest was nominal when compared to all other banks.
      Was this review helpful? 0
      , bhopal
      Reviewed on Nov 08, 2017
    • Aavas Financiers Limited Home Loan
      "Disappointed"
      0.5 2.0/5 "Expected more"
      I have taken a Home loan with Aavas Financiers Limited and i would like to say that it has been a very disappointing experience with them. They do not have a proper set procedure that is followed and documentation process. There was no issue of cheque on the disbursement of my loan and was given only after agreement which was not informed to me before. the cheque was given after a month but they had charged interest for that month before the issue of the cheque to me.
      Was this review helpful? 16
      , bhopal
      Reviewed on Oct 24, 2017
    • LIC Housing Home Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      During the year 1998 I had taken a home loan from LIC for an amount of 1.5 lakhs , at that time they were so many issues in taking the housing loan from them. I had to submit too many papers for availing this housing loan. If only we know some one in person there at the branch our loan would get processed. Interest rate offered by them was on the higher side which is 14% at that point of time itself. EMI was amounting to 2000 for a tenure of 10 years.
      Was this review helpful? 0
      , bhopal
      Reviewed on Oct 07, 2017
    • Punjab National Bank Home Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      I had some balance outstanding with LIC during the year which I had transferred to PNB housing loan during the year 2006. I had transferred around 64 to PNB HOUSING Finance and even for this transfer they had charged me. Rate of interest charged by them was around 11.60% they were additional charges levied too,. Eventually during the year 2010 my loan got closed completely.
      Was this review helpful? 0
      , bhopal
      Reviewed on Oct 07, 2017
    • Punjab National Bank Home Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      PNB Housing loan process is fine, processing fees which is levied on my account is 16k, insurance amount what they charge is 25k all these were informed to me at the first instance itself. Rate of interest levied by them was around 9.75, EMI amount is around 8500. With in a span of 8 days my loan got disbursed.
      Was this review helpful? 0
      , bhopal
      Reviewed on Oct 07, 2017
    • Punjab National Bank Home Loan
      "good service"
      0.5 4.0/5 "Great!"
      Service is very great from PNB housing for my home loan service,representatives and customer service is very good also I had some personal issue in processing my loan that was the main reason for cancellation of my loan process ,still overall service is good from
      Was this review helpful? 0
      , bhopal
      Reviewed on Oct 07, 2017
    • ICICI Bank Home Loan
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      I have applied for a home loan with ICICI bank, the response was too good. The customer service is doing a good work. TO process the home loan, they needs some documents to be submitted since I don't have those things. My loan got rejected with ICICI. The rate of interest is higher than HDFC LTD.
      Was this review helpful? 0
      , bhopal
      Reviewed on Oct 06, 2017
    • HDFC Limited Home Loan
      "excellent service"
      0.5 5.0/5 "Blown Away!"
      Service is very good ,customer service and other representatives were very helpful and responsible ,but I can say the rate of interest was fine and average ,I don't find any difficulty with the service of HDFC LTD it was a very excellent service from HDFC ltd for my home loan process.
      Was this review helpful? 0
      , bhopal
      Reviewed on Oct 04, 2017
    • ICICI Bank Home Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      I dropped the plan of purchasing the home loan why I did not proceed further with ICICI when it comes to housing loan. ICICI service is fine. They had provided the eligibility amount and the needful information too. In the near further I might opt myself for the same loan if required.
      Was this review helpful? 0
      , bhopal
      Reviewed on Sep 30, 2017
    • ICICI Bank Home Loan
      "Exellent"
      0.5 4.0/5 "Great!"
      It was a great service and experience i received from the ICICI BANK Home loan process . the ICICI BANK contacted me in a real good manner and gave me all the information i required for the loan . i got a rate of interest of 8.35% it was pretty good . the only reason my home loan did not get approve because the property was under sub urban area . rest everything was fine .
      Was this review helpful? 0
      , bhopal
      Reviewed on Sep 21, 2017
    • ICICI Bank Home Loan
      "Good Response"
      0.5 4.0/5 "Great!"
      I was willing to get the home loan so I submitted my home loan application with ICICI bank through online source. All of a sudden I had to close my application due to my personal reasons but I do not have any issues or challenges with the bank. I got good response from the bank actually.
      Was this review helpful? 0
      , bhopal
      Reviewed on Aug 28, 2017
    • HDFC Limited Home Loan
      "Satisfied with the services"
      0.5 5.0/5 "Blown Away!"
      HDFC Ltd has provided good services for the home loan. It was a convenient process to get my loan through and the disbursement was on time. The rate of interest and processing charges was normal, it could have been lesser. The after loan services is good.
      Was this review helpful? 1
      , bhopal
      Reviewed on Jun 01, 2017
    • LIC Housing Home Loan
      "Good Service"
      0.5 4.5/5 "Excellent!"
      During the year 1998 I had taken a home loan from LIC for an amount of 1.5 lakhs , at that time they were so many issues in taking the housing loan from them. I had to submit too many papers for availing this housing loan. If only we know some one in person there at the branch our loan would get processed. Interest rate offered by them was on the higher side which is 14% at that point of time itself. EMI was amounting to 2000 for a tenure of 10 years.
      Was this review helpful? 0
      , bhopal
      Reviewed on Apr 13, 2017
    • Punjab National Bank Home Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I had some balance outstanding with LIC during the year which I had transferred to PNB housing loan during the year 2006. I had transferred around 64 to PNB HOUSING Finance and even for this transfer they had charged me. Rate of interest charged by them was around 11.60% they were additional charges levied too,. Eventually during the year 2010 my loan got closed completely.
      Was this review helpful? 3
      , bhopal
      Reviewed on Apr 13, 2017
    • Punjab National Bank Home Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      Pnb Housing loan process is fine, processing fees which is levied on my account is 16k, insurance amount what they charge is 25k all these were informed to me at the first instance itself. Rate of interest levied by them was around 9.75, EMI amount is around 8500. With in a span of 8 days my loan got disbursed
      Was this review helpful? 0
      , bhopal
      Reviewed on Apr 13, 2017
    • Canara Bank Home Loan
      "Good Bank And Good Services"
      0.5 4.5/5 "Excellent!"
      It is good to take home loan from Canara Bank. The process was very quick and simple. It was very easy for me to submit all the documents as they follow simple process on it. I was given with the lowest rate in the market, hence I am very much satisfied with them.
      Was this review helpful? 2
      , bhopal
      Reviewed on Mar 09, 2017
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