A "low interest" loan shouldn't mean you have very little interest in paying it back!
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    We found 3 Chennai Home Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.35% - 8.70% Floating
    ₹2,000 to ₹10,000 + applicable tax
    -
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    8.6% - 8.95% Floating
    Up to 0.5% (min. ₹5900) One time fee
    5L Min
    1-30 Years
    Response Time : Within 30 minutes
    Rs.5,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    8.40% - 8.85% Floating
    0.5% (max. ₹11,800) One time fee
    5L - 10Crs
    3-30 Years
    Response Time : Within 30 minutes
    Rs.5,000 Amazon voucher free Paperless approval available
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
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  • Chennai Home Loan Reviews

    • Bank Bazaar Home Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      Service was very good from Bankbazaar ,customer service of Bankbazaar was very good and responsible. I even have checked with Bankbazaar website which was user friendly I like most in Bankbazaar is I can check my credit profile through Bankbazaar website which was very useful for me ,so overall it was an good service from Bankbazaar .
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 23, 2017
    • Punjab National Bank Home Loan
      "AVERAGE SERVICE"
      0.5 2.0/5 "Expected more"
      I had some personal issues for cancelling my loan process ,interest rate was also very high than the market value. Customer service and representatives where very helpful during the process so overall I can say it was an average service from PNB .
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 23, 2017
    • Axis Bank Home Loan
      "EXCELLENT SERVICE"
      0.5 5.0/5 "Blown Away!"
      It was a very good service from AXIS bank ,process was very fast ,once I applied for my loan I got immediate response from their representatives and they completed the verification and other process within 3 days from the date I applied ,so overall service was excellent from AXIS .
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 23, 2017
    • Bank Bazaar Home Loan
      "AVERAGE SERVICE"
      0.5 3.0/5 "Satisfactory"
      I can say it was an average service from Bankbazaar ,because their service was not as much I expected from Bankbazaar . I feel the process was little low ,but the representatives were very helpful and responsible in answering ,so overall it was very good service from Bankbazaar .
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 23, 2017
    • ICICI Bank Home Loan
      "BAD SERVICE"
      0.5 2.0/5 "Expected more"
      I got only one call from them during the time I applied for my loan , they asked some information's regarding my loan but after that there was no proper response from ICICI . Even I tried to contact them there was no response ,no regular followup from ICICI ,I am very disappointed with ICICI service.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 23, 2017
    • Bank Bazaar Home Loan
      "GOOD SERVICE"
      0.5 3.0/5 "Satisfactory"
      Service was very good from Bankbazaar , I got lot options from Bankbazaar for my loan process . Even the response was very quick ,I checked Bankbazaar website only once, it was also user friendly overall it was an good experience from Bankbazaar.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 23, 2017
    • ICICI Bank Home Loan
      "GOOD SERVICE"
      0.5 3.0/5 "Satisfactory"
      It was a very good service from ICICI ,even their representatives and customer service was also very helpful and responsible in responding . Interest rate was also fine never had any issue ,but my documents where not eligible for the loan process according to the bank norms ,overall it was an best service.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 23, 2017
    • Bank Bazaar Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      It was a real good experience i had with BANK BAZAAR bazaar . I liked the process the website is really user friendly . here i had number of options in which i can compare with and choose the best option after comparing . It was real good customer service provided from bank bazaar side . also the customer service was up to the mark .
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 21, 2017
    • ICICI Bank Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      It was a real amazing service and experience i had with the ICICI BANK for my Home loan process . the people was from the bank contacted me on time and every information was delivered on call and also via e-mails . the responsive was also good from the ICICI bank side . as person did not meet anyone . and i was just inquiring about the loan .
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 21, 2017
    • Bank Bazaar Home Loan
      "Userfriendly Website"
      0.5 4.0/5 "Great!"
      From Bank Bazaar I got very good response, their representative are very helpful, they giving lot of options to the customers based on the profile. About the bank details , interest rate, EMI are good, overall comparison page is good. The webpage is also easy to navigate.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 21, 2017
    • HDFC Limited Home Loan
      "Customer service should be improved"
      0.5 3.0/5 "Satisfactory"
      I kept following up with HDFC ltd for my home loan procedure , they were continuous asking one by one documents. Their executive are not supportive, they should intimate about the list of documents, which request for the loan process, apart from that everything is good. Even interest rate is also very nominal.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 21, 2017
    • Bank Bazaar Home Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      It was a very joyful experience i had with bank bazaar . my case was handled in a good way . the contact made from Bank Bazaar side was on time and also in a proper manner . they delivered the information to me which i required for the loan . the website was real good as a first time user i was really enjoying the experience of the website .
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 21, 2017
    • SBI Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      Experience and services i had with the STATE BANK OF INDIA while my home loan process went very well . the customer service was handled very well by the State bank of nida they made a contact with me and delivered the information to me . the only reason i didn't get the loan was that , my property was under sub-urban area so the bank could not approve the loan .
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 21, 2017
    • Bank Bazaar Home Loan
      "Very perfect"
      0.5 4.5/5 "Excellent!"
      Bankbazaar.com is good one and they are providing so many information to the customer, who are looking for financial products. From the month of May onward, I am using Bankbazaar.com for my financial needs.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 20, 2017
    • ICICI Bank Home Loan
      "Need to improve on the rate of interest"
      0.5 3.5/5 "Pretty good"
      My experience was good one with the ICICI bank for the home loan, which I have applied. They are providing the proper response but the rate of interest is really huge and that's the main reason why I have not go ahead with them.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 20, 2017
    • Bank Bazaar Home Loan
      "Nice experience"
      0.5 5.0/5 "Blown Away!"
      The team at Bankbazaar has also done a good job. They contacted me on time and informed me the details. They were in touch till the end of the process. The follow ups they done was helpful and the website is also easy to understand and follow and to navigate through.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 19, 2017
    • HDFC Limited Home Loan
      "Excellent services"
      0.5 5.0/5 "Blown Away!"
      I have taken a home loan from HDFC LTD and it was a hassle free process. The interest rate was of 8.5% and the processing charges is also minimal. The process is good and there were no issues till the disbursement. The funds disbursed was also as expected.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 19, 2017
    • HDFC Limited Home Loan
      "i loved it "
      0.5 5.0/5 "Blown Away!"
      I am a customer of HDFC BANK and have been holding an account since 15years . As i applied for a home loan in HDFC LTD after checking my eligibility within a month i got the approval and also it was a hassle free loan process and the only thing I am considered was that rate of interest was little bit higher than the others banks for WOMEN it was something around 8.35% where as in HDFC LTD i was getting a rate of interest of 8.50% was all about it . Rest everything was super fine .
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 18, 2017
    • Bank Bazaar Home Loan
      "IT WAS GOOD "
      0.5 4.0/5 "Great!"
      It was a great experience with the BANK BAZAAR . The process followed by bank bazaar is so fast its just unbelievable . At night i downloaded the bank bazaar application on my mobile and got myself registered for a home loan and next day morning only i received a call asking me that did u apply a home loan through bank bazaar now that's called a express service and the mobile application is also really user friendly for the first time user .
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 18, 2017
    • Axis Bank Home Loan
      "Not good"
      0.5 2.0/5 "Expected more"
      The experience that I had with the AXIS BANK during my home loan process was not at all good . The bank had lot and a lots of rules and restriction for the customers . i applied for a loan amount of 28 L the bank was not ready to give me the exact amount . AXIS bank does not trust its customer and asked for co applicant again that is kind of irritating i have clean banking record of more than 12th years but still they do not trust the customer they also said me the co applicant is mandatory . As other banks it was nothing like that i switched to another bank .
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 18, 2017
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    Chennai Home Loan is Rated as "Great!" by 2629 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Home Loan BYTES FROM OUR KITCHEN

    Chennai Home Loan

    Chennai formerly known as Madras, this 369-year-old city is the capital of the southern state of Tamilnadu and is India's sixth-largest city in terms of population.It serves as one of the main gateways to South India and has a thriving local culture and art scene and is one of the major destinations for medical tourism. It is considered as one of the world's fastest growing cities.

    Home loans, also known as mortgages, use the borrower's home for collateral. This home can be a single-family house up to a four-unit property, as well as a cooperative unit. Lenders fund home loans, but both the lenders themselves and brokers who act on behalf of the lenders originate, or process, them.


    You’re probably eligible for an Chennai Home Loan if you are

    01
    02
    03
    04
    Chennai Home Loan Minimum Age

    At least 21 years old

     Chennai Home Loan Maximum Age

    Less than 65 years old

    Chennai Home Loan Eligible Employment Type

    Salaried / Self-employed
    with regular income

    Chennai Home Loan Minimum Income

    Earn more than the minimum
    income required


    Your Chennai Home Loan amount eligibility is based on these factors

    01
    02
    03
    Chennai Home Loan Minimum Salary

    EMI limited to about 50%
    of monthly income

    Chennai Home Loan Maximum Loan to property value

    Loan capped @ 75% - 85% on property value

    Chennai Home Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Chennai Home Loan amount by these steps

    01
    02
    03
    Chennai Home Loan Add Spouse as Co-applicant

    Make your spouse a co-applicant,
    and her income will add
    to your eligibility

    Chennai Home Loan Maximum Tenure

    Choose longer tenure loan up to 20 - 30 years

    Chennai Home Loan Add parents as Co-applicant

    Alternatively add your parents


    Documentation needed to apply for an Chennai Home Loan

    • 1. Photo ID and age proof
    • 2. Signed application form with photograph
    • 3. Processing fee cheque
    • 4. Last 6 months bank statement
    • 5. Documentation for salaried applicants:
      • Last 3 months salary – slips
      • Form 16 or Income Tax Returns
    • 6. Documentation for self-employed applicants:

      • Last 3 years Income Tax Returns with computation of Income
      • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

    Chennai Home Loan Interest RatesUpdated on 24 Sep 2017

    Chennai Home Loan Details
    Interest Rate (Monthly reducing balance) 10% - 10.5%
    Processing Fees 0.50% of Loan
    Loan Tenure 1 year to 20 - 30 years
    Partial pre-payment Charges Nil
    Pre-closure Charges Nil

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