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

    Pune Home Loan

    Pune is the second largest city in the Indian state of Maharashtra and it has a population that is upward of 30 lakh people. The city is also home to a number of foreign students who wish to study in the esteemed institutions that form part of the city. All of this has contributed to a situation in which a number of people are looking to buy property.

    Since buying property is a huge investment, most people choose not to lay down a large down payment immediately. Instead, they opt for loans that will allow them to minimise their initial outlay and pay back the amount in installments.

    More
    We found 38 Pune Home Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.90% - 9.10% Floating
    0.25% (max. ₹11,800) One time fee
    5L - 10Crs
    3-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    9.0% - 9.50% Floating
    Up to 0.50% (min. ₹10,000 + GST) One time fee
    8L Min
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.80%- 9.20% Floating
    12,000 (inclusive of GST) One-Time Fee
    20L - 5Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.95% - 9.15% Floating
    10000+GST One time fee
    -
    1-20 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.70% - 9.00% Floating
    Up to 0.5% (max. ₹11,800) One time fee
    5L - 10Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.75% - 11.0% Floating
    Up to 0.5% One time fee
    2L - 3Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.90% - 9.50% Floating
    0.50% PF (For Salaried) to 1%(min.3000)+Tax (for Self employed)
    12L - 5Crs
    1-20 Years (10 yrs plot loan)
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good To Know
    8.80% - 11.75% Fixed/Floating
    0.50% (min. ₹10,000) One time fee
    5L - 10Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    9% Floating
    ₹ 10000+ taxes One time fee
    50L - 5Crs
    1 - 25 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Good to Know
    8.55% - 8.99% Floating
    ₹5,000 to ₹10,000 + applicable tax One time fee
    20L - 10Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    Good to Know
    9.25% Floating
    0.50% (min. ₹10,000)
    1Cr - 5Crs
    1-20 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    9.25% - 11.20% FIXED
    Up to 0.5% One time fee
    2L - 3Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know

    Top Banks and NBFCs for Home Loan options in Pune

    Home loans are not restricted to only loans for buying a new house. Also, banks are not the only institutions offering home loans in Pune. There are some NBFCs that also offer home loans. Some of these are listed here:

    Banks NBFCs
    PNBHFL Indiabulls
    Karnataka Bank Sundaram BNP Paribas Home Finance
    HDFC Limited Aditya Birla Capital
    Kotak Mahindra Bank  
    ICICI Bank  
    Axis Bank  
    SBI Bank  
    DBS Home  
    IDFC  

    Home Loan Eligibility

    Home loans are granted to applicants pending certain approvals. In order to get these approvals, the loan applicant needs to satisfy a given set of criteria. Some of these generic criteria are mentioned here:

    Eligibility Criteria Requirement
    Minimum and maximum age Minimum age: 18 Maximum age: 70
    Net annual income Depending on the type of employment, a minimum of Rs.5 lakh is required
    Credit score/rating A good credit rating is required and this should be obtained from a recognized credit bureau
    Employment Can be an employee of a company or self-employed
    Residence Own residence or rented residence but should have resided in the same place for at least one year prior to the loan application

    While a person can avail a loan amount, it is not possible for them to acquire the full amount that they need. Instead, they can avail a loan for an amount that is about three-fourths of the total amount. This is common across all institutions that lend money to individuals for such purposes.

    Home Loan Documentation

    Since all loans require documentation for KYC processes before disbursement, it is necessary to provide the following:

    Type of documentation Purpose Permitted documents
    Identity proof This is to serve as a photo ID and for proof of address
    • A current driving licence
    • A valid, current passport
    • Aadhaar Card
    • Voter ID
    Income proof This is to serve as proof of income to indicate that there is a supply to repay the loan
    • Salary slips for three months and IT return or Form 16 for applicants working with a business or organisation
    • Income tax returns for the preceding three years and the income computation for those three years along with a balance sheet mentioning profit and loss, audited by a chartered accountant for self-employed applicants
    Loan application form To serve as a request for a loan application
    • The form should be duly filled and signed and submitted along with an affixed photograph
    Other documents To serve as additional proof for the institution granting the loan
    • A cheque for the value of the processing fee
    • If there are loans being repaid currently, details of those should be provided by way of a bank statement
    • The loan applicant and co-applicant should provide photographs

    Types of Home Loans in Pune

    A person availing a home loan is not restricted to only getting it if they buy a house. The loan can be availed for different purposes related to the home and these are mentioned here:

    Home Loan type/purpose Details
    Loan for new or pre-owned property This loan can be obtained by people who want to buy property. The property can be either a new one or it can be a property that was previously owned by someone else.
    Loan for construction of property This loan can be obtained in order to construct a house or a building on an existing plot of land.
    Loan for property expansion This loan can be obtained to increase the size of their property by purchasing more land.
    Loan for home improvement/renovation This loan can be obtained by a person who wishes to modify or renovate their house.
    Loan for NRIs This loan can be availed by NRI people who wish to buy property in India.

    In addition to availing home loans, one can also avail facilities like home conversion loans and home loan balance transfers.

    Home Loan - Sitemap

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    Pune Home Loan Reviews

    • Bank Bazaar Home Loan
      "Thanks waiting for positive"
      0.5 5.0/5 "Blown Away!"
      Will meet soon. I am taking my first home loan plz fulfil my dreams. My cbill & bank records are very good . So i am vaiting for positive side . I have no home in pune & i am here from last ten years. I have not bounced any cheque or any EMI in my life. I have taken my first bike with HDFC Loan plz check my record. Thank You Prakash Bhosale
      Was this review helpful? 0
      , pune
      Reviewed on Jun 14, 2019
    • review
      review Home Loan
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      I am using the home loan from last 4 years and the documentation process was done through offline as it was done quick also i got loan amount after 1 month. The loan amount given partially, the loan amount given was sufficient and the rate of interest given was 10.1% approx. The duration for repaying is for 15 years.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 14, 2019
    • Axis Bank Home Loan
      "Need to decrease charges"
      0.5 3.5/5 "Pretty good"
      I was taken home loan in AXIS bank for more than 2 years. The amount was not much sufficient to use for the duration of 30 years. While I was applying the banker refuse to aply for PNY so the loan GST hike for up to 10%. Charges is high in this bank for the scheme to apply. Rate of interest was 8.35% but now increase to 8.95%. Regarding about this there be should aware about all the details.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 07, 2019
    • Bajaj Finserv Home Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      I have a home loan with Bajaj Finserv and I feel there was some hidden charges even I tried to transfer the loan to other banks which was not happening properly. When I try calling the customer service, its not easy and the procedure is very long. The interest rate is higher.
      Was this review helpful? 3
      , pune
      Reviewed on Jun 01, 2019
    • Indiabulls Home Loan
      "Good"
      0.5 4.5/5 "Excellent!"
      I have taken a home loan in INDIABULLS for 2 years ago. As per my expectation I received the loan for home loan for the duration of 20 years.The rate of interest is low. The processing fee was applicable.The customer service is good and supportive on time.
      Was this review helpful? 0
      , pune
      Reviewed on May 27, 2019
    • SBI Home Loan
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      I have taken a home loan in state bank of India . As per my requirement I received a loan amount for the duration of 30 years. The rate of interest is nominal and the processing fee is applicable. On time the loan got sanctioned from the bank. Customer service is good .
      Was this review helpful? 1
      , pune
      Reviewed on May 27, 2019
    • review Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have taken my housing loan with Bajaj finance limited , the loan amount which they have given to me was sufficient , it was as per my requirement, they have help me out when it was on emergency case, they ask for the documents and quick they sanction my loan, the rate of interest i had some confusion, like every time they use to increase interest , now it is 11.5% which is nominal,i has been 5-6 months only i have taken this loan.
      Was this review helpful? 0
      , pune
      Reviewed on May 23, 2019
    • L&T Housing Home Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I have been taken a home loan in L&T FINANCE LIMITED for the past 2 to 3 months. The loan amount was sufficient as per my expectation for the duration of 30 years. The rate of interest is nominal.The customer service is good and responsiveness on time.
      Was this review helpful? 1
      , pune
      Reviewed on May 17, 2019
    • HDFC Limited Home Loan
      "Processing should be reduced"
      0.5 4.0/5 "Great!"
      They took lots of processing fee from HDFC home loan from my end, I availed Rs. 36 lakhs and they charged me Rs.30,000 processing fee. I got all the information through online. HDFC limited has balance transfer option, it was quickly processed.
      Was this review helpful? 0
      , pune
      Reviewed on May 16, 2019
    • Bank Bazaar Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The experience i had with Bank Bazaar has been excellent and even it is good that we can check our credit score through them. The best thing is that they make some regular follow ups and they remind us with everything even if we forget. I had used them for getting insurance policies and also for credit cards.
      Was this review helpful? 0
      , pune
      Reviewed on May 06, 2019
    • SBI Home Loan
      "Good service"
      0.5 3.5/5 "Pretty good"
      STATE BANK OF INDIA has also offered me a home loan. The process was quick and I got the loan on time. The rate of interest is and there were processing charges as well both are very nominal compare to others in the market . The tenure period is fine and it is sufficient .
      Was this review helpful? 0
      , pune
      Reviewed on May 06, 2019
    • Bank Bazaar Home Loan
      "Better"
      0.5 3.0/5 "Satisfactory"
      The website is convenient and easy to operate. I am yet to receive the amazon voucher and the response provided by them was not appropriate, other than this everything was okay. I have applied my home loan through Bank Bazaar for the first time which was known to me via online.
      Was this review helpful? 0
      , pune
      Reviewed on May 04, 2019
    • Axis Bank Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have availed home loan from Axis Bank through online channel. The rate of interest is moderate and they have charged me a processing fee which is okay. The loan duration is 20 years and have purchased a residential property. The documentation process is on time.
      Was this review helpful? 0
      , pune
      Reviewed on May 04, 2019
    • Bank Bazaar Home Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I have been using Bank Bazaar for a first time to apply the home loan. This was known through online. I have used the website, I don't find any difficulties in operating. The process was simple and am happy with the services. Overall am satisfied.
      Was this review helpful? 0
      , pune
      Reviewed on May 04, 2019
    • HDFC Limited Home Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      The customer service is good with HDFC LIMITED, they have charged me a nominal interest rate. There was a processing fee of around 10K for the loan amount of 20L. The documentation process was simple and it was collected by the executive. I need to repay the loan in 15 years.
      Was this review helpful? 0
      , pune
      Reviewed on May 04, 2019
    • Bank Bazaar Home Loan
      "Good. Can do better"
      0.5 3.5/5 "Pretty good"
      After I placed a request on Bankbazaar.com, they contacted me on time and informed me the details. The website is good and easy to understand. It would be better if the details are clear about the interest rates and charges and there was a follow for the same.
      Was this review helpful? 0
      , pune
      Reviewed on May 04, 2019
    • HDFC Limited Home Loan
      "ROI and charges should be clear"
      0.5 3.5/5 "Pretty good"
      HDFC Ltd offered me a home loan. The process was okay. It could have been more transparent. The rate of interest initially informed was of 8.85% and finally I got a rate of 8.90%. Like wise the processing charges was not the same. Else the process happened on time.
      Was this review helpful? 0
      , pune
      Reviewed on May 04, 2019
    • Bank Bazaar Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I am using the services of BANK BAZAAR for the very first time where i came to know about the services of them through my friends. I had installed the mobile application of them which has been quite convenient and their customer support team has also been responsive and they where helpful at times.
      Was this review helpful? 0
      , pune
      Reviewed on May 03, 2019
    • Punjab National Bank Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The process in getting my Home loan from PNBHFL has been quite a good experience where there hasn't been any hassles faced overall. The disbursement was on time and the interest rate with them had been nominal as well. The charges which they make has been quite less and even their staffs had been helpful at times.
      Was this review helpful? 1
      , pune
      Reviewed on May 03, 2019
    • ICICI Bank Home Loan
      "Good Service"
      0.5 3.0/5 "Satisfactory"
      I have directly applied with ICICI Bank for Home Loan ,the loan amount was 17lakhs for the tenure of 12years ,the rate of interest and processing fee was nominal at that time when i have applied got the loan amount got on time it was sufficient ,documents submission no issues .the service was average.
      Was this review helpful? 0
      , pune
      Reviewed on May 03, 2019
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.