A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • Home Loan in India – Apply Now

    Apply for a home loan of up to Rs.20 crore on BankBazaar with interest rates starting at 8.30% p.a. As a one-stop solution to your property loan needs, BankBazaar offers simple documentation procedures, quick processing, customised repayment schemes, and dedicated customer service with a response time of 30 to 45 minutes.

    Bank Name
    Interest Rate
    9.0% - 9.50% (Floating Rate)
    Up to 0.50% (min. ₹ 10,000 + GST)(Processing Fee)
    ₹ 8L Min Loan Amount 1-30 Years Tenure Range
    8.80%- 9.20% (Floating Rate)
    ₹ 12,000 (inclusive of GST) (Processing Fee)
    ₹ 20L - ₹ 5CrsLoan Amount1-30 YearsTenure Range
    8.95% - 9.15% (Floating Rate)
    ₹ 10000+GST (Processing Fee)
    -Loan Amount1-20 YearsTenure Range
    8.70% - 9.00% (Floating Rate)
    Up to 0.5% (max. ₹ 11,800)  (Processing Fee)
    ₹ 5L - ₹ 10CrsLoan Amount1-30 YearsTenure Range
    8.90% - 9.50% (Floating Rate)
    ₹ 0 (Processing Fee)
    ₹ 12L - ₹ 5CrsLoan Amount1-20 YearsTenure Range
    8.80% - 11.75% (Fixed /Floating Rates) 9.25% (Floating Rates)
    Super Saver Plan*
    0.50% (min. ₹ 10,000) (Processing Fee)
    ₹ 5L - ₹ 10CrsLoan Amount1-30 YearsTenure Range
    9.00% (Floating Rate)
    ₹ 10000+ taxes (Processing Fee)
    ₹ 50L - ₹ 5CrsLoan Amount1 - 25 YearsTenure Range
    8.55% - 8.99% (Floating Rate)
    ₹ 5,000 to ₹ 10,000 + applicable tax (Processing Fee)
    ₹ 20L - ₹ 10CrsLoan Amount1-30 YearsTenure Range
    8.75% - 11.0% (Floating Rates) 8.70% - 10.95% (Female) (Floating Rates)
    Up to 0.5% (max. ₹ 11,800) (Processing Fee)
    ₹ 2L - ₹ 3CrsLoan Amount1-30 YearsTenure Range
    8.95% - 9.05% (Floating Rate)
    Up to ₹ 1 Cr - 0.25% (max ₹ 10,000 + GST)
    1 Cr to ₹ 5 Cr - 0.25% (max ₹ 25,000 + GST) (Processing Fee)
    ₹ 30L - ₹ 5CrsLoan Amount5-30 YearsTenure Range
    8.90% (Floating Rate)
    ₹ 5,000 + Applicable Tax (Processing Fee)
    ₹ 30L MinLoan Amount5-30 YearsTenure Range
    8.30% - 8.65% (Floating Rate)
    ₹ 2,000 to ₹ 10,000 + applicable tax (Processing Fee)
    -Loan Amount1-30 YearsTenure Range
    8.30% - 9.35% (Floating Rate)
    ₹ 7,500 to ₹ 20,000 (Processing Fee)
    ₹ 1L - ₹ 2CrsLoan Amount30 YearsTenure Range
    8.35% - 8.55% (Floating Rate)
    ₹ 1,500 to ₹ 10,000 (Processing Fee)
    -Loan Amount30 YearsTenure Range
    8.85% - 9.05% (Female) (Floating Rate) 8.90% - 9.10% (Floating Rate)
    0.25% (max. ₹ 11,800)  One time fee (Processing Fee)
    ₹ 5L - ₹ 10CrsLoan Amount3-30 YearsTenure Range

    *Super Saver Plan

    Home Loan Feature Details

    Interest Rate Min. 8.30% - Max. 22.00%
    Processing fees Upto 3.00%
    Loan Amount Min. ₹ 1L to Max. ₹ 20 Crs
    Loan Tenure Min. 1 Year to Max. 30 Years
    Partial pre-payment Charges Nil
    Pre-closure Charges Nil
    Compare Home Loan Interest Rates with other banks >>
    • Best offers from SBI, BOB, Canara Bank, Aditya Birla, Karnataka Bank, Indiabulls, Axis, HDFC Ltd. etc.
    • Check Best home loans offers starting @ 8.30% (SBI)

    Home Loan EMI Calculator

    How to Apply for Home Loan on BankBazaar

    BankBazaar brings you a simplified way of applying for housing finance of your choice online.

    Follow the below 6 steps for a hassle-free experience:

    1. Fill up the loan application form here.
    2. Check the property loan options that you are eligible for.
    3. Submit the required documents.
    4. Talk to our expert loan advisor about the finer details of your loan.
    5. Pick the loan that suits you the best.
    6. Pay the processing fees charged by the lender.

    Here’s what happens after you apply for a loan on BankBazaar:

    • Your property is investigated by the lender.
    • After investigation, the final documentation is done, and the loan is sanctioned.
    • This is followed by your acceptance and signature on the loan agreement.
    • Your home loan is then disbursed.

    Why Apply for Home Loan Through BankBazaar

    As India’s leading online portal for financial services, applying for your housing loan through BankBazaar can benefit you in many ways. Take a look at some of them:

    • Check your eligibility online and find out what loan options are available to you.
    • Compare various loan options and choose one that suits you the best.
    • Choose your loan parameters and get free and easy-to-understand quotes right away.
    • Get exclusive offers when you sign up for specific loans from some of the leading lenders in the country.
    • Apply directly through the website and save time and money.
    • Interest rates and other parameters related to various loans are constantly updated so that you get only the most recent and accurate information.
    • Using BankBazaar’s Home Loan EMI Calculator, get your EMI details instantly, and find out how much you must pay every month.
    • Read up on reviews from other users to get an idea of how we work and what you can expect from the lenders on our portal.
    • Get dedicated care from our customer service team and get answers to your queries at the earliest.
    • Receive regular updates about your loan via SMS and email.

    Quick Link to Other Home Loan Features

    Types of Home Loans in India

    Banks in India provide different types of housing finance options for different purposes. Here’s a list of the prominent types of housing loans in India, based on a study of products offered by some of the top banks:

    1. New Home Loans: New Home Loans are offered to eligible customers who are looking to purchase a house or property for the first time.
    2. Pre-approved Home Loan: Pre-approved home loans are offered by banks to eligible borrowers once his/her creditworthiness, income and financial position are taken into considerable for an in-principal approval of the loan.
    3. Home Purchase Loans: Home purchase loans are specifically given to borrowers looking to purchase a house or flat.
    4. Home Loan for Construction: Home loan for construction is offered to customers who are looking to construct their own house on an existing piece of land.
    5. Plot Loans: Plot loans are loans offered to customers looking to purchase a piece of land or plot for the purpose of constructing a house on it.
    6. Home Loan Top Up: Home Loan Top Up is a facility offered by most banks and NBFCs that allows existing customers to borrow a certain amount above and over the existing home loan.
    7. Home Extension/Renovation Loans: Home loans for extension or renovation of home are offered to borrowers who wish to renovate/extend their existing house/property.
    8. Balance Transfer Home Loan: Individuals can use the balance transfer option to transfer their home loan from one bank to another. Most people choose this option to avail better interest rates.

    Things to Consider Before Choosing a Home Loan

    Buying a house is one of the most important financial decisions of your life. There are a host of things you need to be careful about before choosing a housing loan package. Here are some of the significant points to keep in mind when looking for housing finance:

    • Pick the right bank and loan scheme: Read up on the various home loan schemes available in India, and the various banks and lending institutions offering them. A thorough research will not only give you specific details about different loans but also help you understand pros and cons of each product. This will help you determine what scheme or lender will work the best for you.
    • Understand interest rates: Housing finance schemes are available in fixed, floating, and mixed-rate packages. Fixed packages come with a specific interest rate for the entire tenure of the loan, while floating packages are pegged to MCLR or Prime Lending/Board Rate, which means that they can change during the tenure. Mixed-rate packages offer a fixed rate for a specific period and floating rates thereafter. Choosing what works best for you and knowing why to choose one, will determine your monthly instalments and the overall interest amount you pay to the bank.
    • Understand other fees and charges: Different banks charge different amounts as processing fees. There are also charges such as prepayment fee, foreclosure fee, late payment fee, conversion or tenure restructuring fees, and legal fee that you need to be aware of.
    • Check your CIBIL Score: Credit scores play a huge role in deciding your home loan eligibility. If you have a mediocre or poor credit score – lower than 700 – your home loan application may get rejected or you may end up paying a higher rate of interest. So it would be better if you check the score and then work towards improving it before applying for a property loan. Higher credit scores may also give you some negotiating power on the interest rate.
    • Understand foreclosure terms and conditions: If you intend to pay off your loan amount before the end of the tenure, then make sure that you’re finding out the foreclosure charges and the related terms and conditions. Certain banks allow free foreclosure of home loans, while others charge a specific pre-payment fee. Some banks may allow partial prepayments, while some may not. There might even be a period – may be the first year or first 3 years of the tenure, where you aren’t allowed to make any prepayments (also known as lock-in period).
    • Buy a house you can afford: While owning a home is a dream come true, home loan is a responsibility you should take on only if you can afford it. Don’t take a loan way beyond your financial capacity. For example, if your household income is around Rs.70,000, then buying a house worth Rs.1 crore is not sensible. Firstly, you may not be eligible for a high loan amount and you would have to put in too much down payment. Secondly, even if you get an approval, you might have no money for anything after the EMI is paid.
    • Choose a good builder: If you’re buying a new flat or an under-construction flat, make sure that you’re choosing a reputed builder. This is not just to ensure that you get high-quality construction, but also because lenders will approve home loans only if the builder is either well known or in their pre-approved list.
    • Apply for a loan you’re eligible for: Check whether you meet all the eligibility criteria laid down by your institution or bank of choice. Also make sure that you have all the documents that the bank would require to approve your loan. Getting rejected will have an adverse effect on your credit score, so only apply for housing loans that are right for you.
    • Choose your repayment tenure carefully: While being in debt for up to 30 years is daunting, shorter tenures mean higher EMIs. If your income isn’t aligned with the EMI amount, then go for a longer tenure or a step-up EMI. You can change the tenure later if your household income increases. Remember that delayed payments and defaults will negatively impact your credit score and worst-case scenario - lead to the bank confiscating your home.
    • Read the fine print carefully: Reading everything mentioned in the home loan agreement and the MITC (most important terms and conditions) before signing it is very important, because a host of crucial information is listed there. If you’re unable to understand the jargon in the documents, let a private lawyer review it. If there are conditions you don’t agree with, check with the bank and seek further clarification or changes.

    Loan-to-Value (LTV) Ratio

    You are never given the full value of your property as loan by a bank or NBFC (Non-Banking Financial Company). The maximum loan amount you’ll be given for a house purchase is known as the Loan-to-Value Ratio. LTV, therefore, is the ratio of the amount you can borrow against the value of the house. LTV is usually represented as a percentage of the total value of the house.

    For example, if your house costs Rs.50 lakh, and your lender says the LTV is 80%, then the loan sanctioned to you will not exceed Rs.40 lakh. You will have to put in the remaining money as down payment from your own sources. LTV may include GST charges, but may exclude stamp duty and registration fees.

    The LTV ratio is important for both the lenders and borrowers. For banks, a higher LTV means a greater risk in lending, because they may not be able to recover the loan amount in case of default on the loan or fall in value of the property. Therefore, a higher LTV might lead to a higher interest rate.

    For borrowers, the LTV ratio determines how much money will have to paid as down payment out of their own pockets.

    While most banks give an LTV of 70% to 80%, some banks/NBFCs may also give you up to 90% of the house value.

    If you’re looking for a higher LTV, you could try negotiating with the bank/NBFC. Having a healthy prior relationship with the bank, a high credit score, or a high income are factors that may help you in this negotiation.

    Top Factors Determining Home Loan Rate of Interest

    Home loan interest rates are dependent on a number of economic factors as well as customer-specific factors. Let’s first look at how banks determine the interest rate to offer to you:

    • Credit score: The higher your score, the lower the risk a bank is taking in lending money to you. Therefore, you may be offered a lower housing finance interest rate.
    • Cost and resale value of the house: If your house is in a good locality and is built by a reputed developer, then there are chances that you may be offered a better interest rate.
    • Marginal Cost-of-Funds-Based Lending Rate (MCLR)/Retail Prime Lending Rate: The Reserve Bank of India (RBI) mandated the use of MCLR in determining floating interest rate packages from April 2016. MCLR is set for at least 5 tenures: overnight, 1 month, 3 months, 6 months and 1 year, and these rates are reviewed every month. Banks may also set 2-year or 3-year MCLRs if they want. Most banks base their actual lending rates on the 1-year MCLR, but some banks may pick the 6-month rate or 3-month rate as well.

    Now, here are the economic factors that affect the rates advertised by the bank:

    • MCLR: This is a base rate that depends on four factors: marginal cost of funds, operating costs, negative carry on account of cash reserve ratio (CRR), and tenor premium.
    • Marginal cost of funds: This is the minimum cost of borrowing and profits on net worth for banks.
    • Negative carry on account of cash reserve ratio (CRR): CRR is the minimum fraction of the total deposits in a bank that it has to hold as reserves either in cash or as deposits with the RBI. Any negative returns on CRR will be factored into the MCLR.
    • Operating costs: This is the cost incurred by banks on its operations, such as the cost of providing a loan, raising funds, paying its employees, and opening new branches.
    • Tenor premium: This is the premium that banks are allowed to charge in order to alleviate the risk of lending for longer tenures.
    • Bank margin or spread: Over and above the MCLR, some banks may add or subtract a margin or spread in order to make their rates marketable. So, the actual interest rates offered to you would be MCLR + Spread. For example, if the rate of interest is declared as MCLR + 0.25%, and the MCLR is 8.7%, then the offered rate would be 8.95% p.a.
    • Retail Prime Lending Rate (RPLR): RPLR is the point of reference used primarily by NBFCs now. Though the RPLRs could be quite high, the actual home loan interest rate would always be aligned with competitive market rates.
    • Repo Rate: Repo Rate is the rate of interest at which RBI lends money to other banks. Naturally, the lower the rate at which banks get their loan, the lower the rate you’ll have to pay. Therefore, the lower the repo rate, the lower the rate of interest you get.
    • Reverse Repo Rate: This is the opposite of Repo Rate. This is the rate at which banks lend to RBI. With high Reverse Repo Rates, the bank would stand to gain, which could then be passed on to you in the form of lower interest rates.
    • Base Rate: This was brought in April 2010 in place of the Benchmark Prime Lending Rate (BPLR) as the minimum rate that a bank should charge its customers. A spread would be added to the Base Rate to arrive at the final interest rate. However, this was replaced by MCLR in April 2016, as mentioned earlier.

    Other Home Loan Fees and Charges

    Interest rates are just one type of extra payment you have to give the bank. There are several other fees and charges applicable to property loans of different banks. Each bank may have their own charges and range of the fees levied. The main fees sought by Indian banks and NBFCs on property loans are:

    • Late Payment Charges: Applicable if you fail to pay the EMI on time.
    • Prepayment Charges: Levied as a percentage of the outstanding amount when you repay your loan amount prior to the stipulated home loan tenure. Most banks don’t levy this fee any more, but some banks continue to do so.
    • Conversion Charges: Levied as a percentage of the outstanding amount when you wish to switch your housing loan from floating rate to fixed rate or vice versa.
    • Legal Fee: Charged to pay the fees of the lawyer who verifies the property being bought through the loan.
    • Administrative Fee: Levied by some banks apart from the processing fees.
    • Statement of Account Charge: A small fee charged when you want additional copies of your home loan statement.

    Reasons for Home Loan Rejection

    Here are some of the reasons why a property loan could be rejected in India:

    • The builder you’re buying the property from is not approved by the lender.
    • The builder is approved by the lender, but the property is not recognised by the lender or government local bodies.
    • The property you’ve chosen is too old.
    • Your credit score is too low.
    • You have moved too many jobs and are seen as unstable in employment.
    • Your documentation was incomplete or are not matching with the information you provided in your application form.

    Haven’t found your reason here? Here are some more detailed reasons for home loan rejection.

    How to Avoid Home Loan Rejection

    To increase your chances of getting your housing loan approved, here are some things you can do:

    • Do proper research on the property and builder.
    • Maintain a good credit score.
    • Apply only for a loan for which you meet the eligibility requirements already.
    • Make yourself debt-free or make sure you have enough money to make home loan repayments.
    • Provide all the right and relevant documents.
    1. When do I make my home loan application?

      There is no particular right time for making your home loan application. As soon as you have figured out your budget and zeroed down on the property that you want to buy, you should apply for home finance.

    2. Is visiting the lending bank compulsory to avail home finance?

      Yes, mostly. Although a lot of loan processing work has been shifted to online platforms, still a loan applicant is required to visit the lending bank branch at least once to formally close the loan processing formalities. Many private banks have started sending their representatives to borrowers’ place to get documents and forms signed and verified.

    3. Will the lending bank provide the entire cost of the property that I wish to buy?

      No. Generally, banks only lend 80% of the cost of your property. The rest 20% is to be borne by the loan borrower. However, to ease out the process for customers, most banks have broken up this ration into 10-80-10 so that at the time of availing the loan, customers are only required to pay 10% of the total cost and the rest is paid by the bank.

    4. When does the repayment period start?

      Repayment of loan starts after the entire home loan is disbursed to the borrower. In case of under-construction properties banks allow payment of the partially disbursed amount. Towards this partially disbursed loan amount, customers are free to either repay the principal and interest amount both or just the interest amount or none at all.

    5. Can loan repayment be made ahead of schedule?

      Yes. All banks allow pre-payment of home loans. Some banks charge a pre-payment fee for that while others do not.

    6. Do I have the right to choose between base rate and MCLR for my home loan request?

      Current home loan borrowers who have a running home loan account can choose to continue with base rate or switch to MCLR. New home loan borrowers need to avail the new MCLR rates which are subject to change every set interval of time as mandated by the RBI.

    7. How long does it take for home loan to get sanctioned?

      Your home loan will get sanctioned as soon as all the required documents are submitted and verified successfully. This may take anywhere between 10 to 30 days.

    8. Do I get to avail tax benefits on home loan?

      Yes. Home loans are a great instrument to avail tax benefit. This is offered to both the interest and principal components of home finance. Under section 24(1) interest repayment of Rs.1,50,000 is eligible for exemption and on the same housing loan a principal amount of Rs.1,00,000 is eligible for exemption from tax.

    9. What is meant by EMI?

      EMI stands for Equated Monthly Installments. An EMI is made up of two components, principal and interest. Any loan availed by a borrower is repaid in EMIs over the loan tenure.

    10. What collateral do I need to furnish as security?

      Since home loan is a huge loan amount and the tenure also is long, hence, almost all banks ask borrowers to furnish some collateral as security against the loan. This include the papers of property for which loan is being sought, some other property papers, any fixed deposit schemes or insurance schemes etc. that are on the loan borrower’s name.

    11. Can I apply jointly for a home loan with my spouse? Will both our incomes be considered for loan quantum?

      Yes. You can apply jointly in your and your spouse’s name. Both of your incomes will be considered for determination of loan quantum.

    12. What documents do I need to submit to avail home loan in India?

      Generally, all banks ask for proof of address, proof of identity, bank account statements and salary details from home loan borrowers. This list may differ a bit from one bank to another.

    13. How can I make EMI payments against my home loan?

      Home loan EMI payments can be made to the bank either by using offline channels like cheque, demand draft and cash or by availing the net banking facility that all banks offer to their home loan customers. Post dated cheques and Standing Instructions are another popular way to make EMI payments.

    14. If I deposit my property documents as security with the bank, when will I get those back?

      Any property document that you submit as security collateral is returned to you only once the entire home loan amount is repaid and the home loan on your name is closed.

    15. Can I avail home finance for renovation or construction of house?

      Yes. Home loans are offered under various sub-heads. Housing finance for renovation of property or construction of house is also offered by all major banks in the country.

    16. Can I switch from fixed to floating rate of interest and vice versa during the tenure of my home loan?

      Yes. Most banks allow switching between fixed and floating rates. However, customers may be charged a particular fee for the same.

    Home Loan - Sitemap

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    Home Loan Reviews

    • HDFC Limited Home Loan
      0.5 5.0/5 "Blown Away!"
      HDFC LIMITED is the bank where i have taken the housing loan the loan amount they have offered was good and satisfactory added on that the documentation process was simple and pretty simple documents. I got the loan within one day, the rate of interest was nominal.
      Was this review helpful? 1
      , bangalore
      Reviewed on Apr 20, 2019
    • DHFL Home Loan
      "Very good service"
      0.5 4.0/5 "Great!"
      I had taken a Home Loan from DHFL LTD a long time back and the loan is still running. The loan amount has been sufficient but the interest rate with them has been quite high, where they had not reduced the interest rate as well. The processing fee and charges which they had made has also been high when compared with the other banks.
      Was this review helpful? 1
      , faridabad
      Reviewed on Apr 20, 2019
    • HDFC Limited Home Loan
      "Interest rate should be reduced"
      0.5 4.0/5 "Great!"
      My housing loan process was simple with HDFC Ltd, they took only 3 working days to verify and sanction the amount, they didn't ask any guarantor for my loan, but I feel the interest is bit higher, I took the amount of Rs. 5 lakhs for the duration of five years.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Apr 20, 2019
    • ICICI Bank Home Loan
      0.5 5.0/5 "Blown Away!"
      I have applied or the housing loan with the ICICI BANK the documentation process was simple and easy to get the loan they have given the 95% of value as a loan amount. The duration for repaying the loan is for 20 years and using from last 2 years. The rate of interest was 8.6% which was nominal.
      Was this review helpful? 2
      , pune
      Reviewed on Apr 19, 2019
    • LIC Housing Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I took my housing loan with LIC HOUSING FINANCE previously, They gave me sufficient loan amount based on the requirement, but i felt they have charged me high rate of interest and even they have charged me processing fee high, so i have done balance transfer to other bank.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Apr 19, 2019
    • Bajaj Finserv Home Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I did balance transfer from one bank to Bajaj finserv for housing loan, the loan amount was sufficient, but rate of interest i felt was less compare to other bank loan, the rate of interest they have charged me up to 8.85% which was nominal, everything is good but i did not like one thing ,like after doing balance transfer i came to know that it is mandatory to pay insurance for premium it use to get lock after paying insurance, i can not do in future balance transfer .
      Was this review helpful? 1
      , hyderabad
      Reviewed on Apr 19, 2019
    • Indiabulls Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I hold my housing loan with Indiabulls for an while. They have given me loan on time without any delay, their service was good. The process in getting loan was simple, i got loan on time. Their rate of interest was nominal, still this loan is running.
      Was this review helpful? 2
      , new delhi
      Reviewed on Apr 19, 2019
    • HDFC Limited Home Loan
      "Very good"
      0.5 4.0/5 "Great!"
      Last 4month back I took one home loan from HDFC Limited , but I am not satisfied with their rate of interest since it is little high , and loan amount is 30L I am satisfied with loan amount and and EMI amount is 25K and tenure is 25years , but their customer service is not much good ,and response not at a time.
      Was this review helpful? 1
      , chennai
      Reviewed on Apr 19, 2019
    • HDFC Limited Home Loan
      "Best service"
      0.5 4.5/5 "Excellent!"
      I hold my housing loan with HDFC LIMITED for an while, their service is good, but not sure about the rate of interest like every 2-3 months they are increasing my limit up to 0.05% i need to check with the customer care regarding this, the loan amount was sufficient, they have not charged me processing fee.
      Was this review helpful? 1
      , bangalore
      Reviewed on Apr 19, 2019
    • IIFL Home Loan
      0.5 1.0/5 "Really Bad"
      I have previously used the housing loan with the INDIA INFOLINE HOUSING FINANCE LTD and transferred to another bank because the rate of interest was higher. They have offered the pre approved so taken. There are hidden charges applicable also it is floating rate of interest with this bank which was 32% which am not happy.
      Was this review helpful? 1
      , mumbai
      Reviewed on Apr 19, 2019
    • HDFC Limited Home Loan
      0.5 4.0/5 "Great!"
      The documentation process was easy and simple with the HDFC LIMITED and housing loan was taken before few days. The rate of interest was lesser so transfered the loan with this bank. The duration is for 30 years to repay the loan. There is a pre closure option with this loan.
      Was this review helpful? 2
      , mumbai
      Reviewed on Apr 19, 2019
    • HDFC Limited Home Loan
      "Very good"
      0.5 4.0/5 "Great!"
      I am satisfied with loan amount of 8L with the rate of interest is 8.65% , EMI amount is 6769 rupees and tenure is 20years. It was taken last two years back from HDFC LIMITED and their overall service is good but I would like close this loan after 3 to 4 months.
      Was this review helpful? 2
      , new delhi
      Reviewed on Apr 17, 2019
    • Bank Bazaar Home Loan
      "balance transfer"
      0.5 4.0/5 "Great!"
      i like your offer...t is the first time experience with the Bankbazaar.com and i have a good experience with this channel. I prefer using it through the mobile application as the application is simple and user friendly to access. The customer service is good.
      Was this review helpful? 1
      , mumbai
      Reviewed on Apr 17, 2019
    • Axis Bank Home Loan
      "Process is good"
      0.5 5.0/5 "Blown Away!"
      My home loan is with Axis Bank and the process to get the loan is good. The disbursement happened on time and the customer support and response is good. The documentation was also a smooth process. The rate of interest and processing charges is normal.
      Was this review helpful? 1
      , chennai
      Reviewed on Apr 17, 2019
    • IDBI Home Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I took housing loan with IDBI bank for an while, the loan amount which they have given me was good, it was sufficient based on my requirement, the rate of interest and their processing fee which they have charged me was nominal, AS it is government bank their service is not that up to the mark, but the interest rate was less so i applied.
      Was this review helpful? 1
      , mumbai
      Reviewed on Apr 17, 2019
    • LIC Housing Home Loan
      "Interest rate should be reduced"
      0.5 4.0/5 "Great!"
      LIC housing is good but interest is the concern, I took the amount Rs. 20 lakhs for 20 years. They quoted 10.8% its a floating one, they didn't revise the interest as per the RBI guideline. But they do have balance transfer, part payment and other options.
      Was this review helpful? 1
      , chennai
      Reviewed on Apr 17, 2019
    • Aavas Financiers Limited Home Loan
      "Very good"
      0.5 4.0/5 "Great!"
      My experience is good with Aavas finance home and It was taken one year back. My loan amount is 10L and rate of interest is 8.35%, am paying emi amount is Rs.11,648. Recently one month back my emi amount got decreased and I paid only 9441 rupees. The tenure is 20years and everything is nominal with this loan.
      Was this review helpful? 2
      , palanpur
      Reviewed on Apr 17, 2019
    • LIC Housing Home Loan
      0.5 3.0/5 "Satisfactory"
      I have taken one home loan from lic housing finance last 3years back , and my loan amount is 10L and tenure is 15years ,emi amount is 10700K and rate of interest is 9.5% is high , and their customer service is good , and response is also good, But I am not much happy with this loan,
      Was this review helpful? 4
      , hyderabad
      Reviewed on Apr 16, 2019
    • Punjab National Bank Home Loan
      "Part payment option is good"
      0.5 4.0/5 "Great!"
      I have my home loan also with Punjab national bank. The customer support is good and there are no hassles in the process. The interest rate and processing charges are nominal. The best about this bank is there is a part payment option so I close my loan at any time without any charges.
      Was this review helpful? 3
      , new delhi
      Reviewed on Apr 16, 2019
    • Tata capital Home Loan
      "Excellent services"
      0.5 5.0/5 "Blown Away!"
      It was a pretty smooth process with Tata capital for the home loan. The customer services are good and they were responsive through the process. The rate of interest is 8.35% fixed for seven years. After which the interest rate would be as per the RBI rule. The processing fee was normal, it is of 5 to 10K.
      Was this review helpful? 2
      , pune
      Reviewed on Apr 16, 2019
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