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

    Home loan in Visakhapatnam can be availed from any leading public or private sector bank at an interest rate that ranges between 6.85% p.a. to 12% p.a. The loan is processed by the banks after charging a nominal fee and can be repaid within a period of 30 years at affordable EMIs.

    Home Loan Interest Rate in Visakhapatnam

    Interest Rates 6.85% p.a. to 12% p.a.
    Processing fee 0.50% of the loan amount
    Maximum Loan Amount Depends on the income and repayment capacity of the applicant
    Maximum Tenure 30 years

    Compare: Home Loan Interest Rate

    More
    We found 37 Visakhapatnam 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 Visakhapatnam

    Home Loan Providers Branch Location
    State Bank of India 1st Floor, M.L. Complex,
    Nad Kotha Road,
    Visakhapatnam
    Bank of Baroda 39-5-3, Muralinagar,
    Visakhapatnam
    Central Bank of India No. 50 81 25,
    J K Centre Seethammapeta
    Visakhapatnam
    Union Bank of India Door No. 30-15-58, Silver Willow,
    1st Floor, Dabagardens,
    Visakhapatnam
    HDFC Bank Ground Floor, Eswar Enclave,
    Jagadamba Centre, Greenpark Road,
    Visakhapatnam
    ICICI Bank Door No. N8-49-8, CHR Plaza, GVMC,
    Ward No. 56, Lankelapalem,
    Visakhapatnam
    Axis Bank 10/54/7, Lions Club Building,
    Waltair Main Road, Ram Nagar,
    Visakhapatnam

    Eligibility and Documents

      Eligibility Documents Required
    Age Between 18 and 75 years
    • Passport
    • Voter ID
    • PAN Card
    • Driver’s license
    Residency Resident Indian
    • Copy of telephone bill
    • Copy of electricity bill
    • Copy of water bill
    • Copy of piped gas bill
    • Aadhaar card.
    Employment Salaried and Self-employed
    • Employee 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

    Note: The documents are indicative. Please contact the bank to know about the complete set of documents

    Owning or constructing a home in Visakhapatnam can be realised by availing a home loan from any of the banks listed above. All you need to do before applying for the loan is check whether you fulfil the eligibility criteria laid down by the bank.

      

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    Visakhapatnam Home Loan Reviews

    • Indiabulls Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      My home loan is ongoing with Indiabulls since 5years back, it was taken. The rates are okay without any issues. The customer service is good. The loan tenure is 20years and the processing fee is included. I have purchased a Flat and the process was simple. Their executive helped me well.
      Was this review helpful? 2
      , visakhapatnam
      Reviewed on Nov 03, 2019
    • LIC Housing
      LIC Housing Home Loan
      "Not satisfactory"
      0.5 3.0/5 "Satisfactory"
      I am not happy with rate of interest which was given by LIC Housing Finance. I have purchased the Flat in 2017August. The loan amount was 40L and its 15 years tenure. The processing fee is not applicable. The customer service is good. But every year, they are raising the interest rate which was not good.
      Was this review helpful? 14
      , visakhapatnam
      Reviewed on Sep 28, 2019
    • LIC Housing Home Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I have taken a home loan with LIC HOUSING FINANCE on 2 years before which was processed directly to them. The amount which was given sufficient for the duration of 2 years. The rate of interest and processing fee are nominal. I use to do payment on monthly EMI for 16 thousands through an online.
      Was this review helpful? 3
      , visakhapatnam
      Reviewed on Aug 16, 2019
    • Punjab National Bank Home Loan
      "Medium"
      0.5 3.0/5 "Satisfactory"
      I was applied for a home loan in PUNJAB NATIONAL BANK on a previous month which was processed through an online. I received a call from bank on time for further verification, the loan amount was okay which was offered from bank for the tenure of 10 years. The rate of interest and the processing fee are high when compare to other. Later banker has intimated cannot be process further for this loan.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Jul 05, 2019
    • HDFC Limited Home Loan
      "Good loan services"
      0.5 4.0/5 "Great!"
      Long back, i have taken my home loan from HDFC. When i purchased the loan the interest rate was 8.5% and now increased upto 9.7%. I have been paying the EMI of RS. 8700 and it will be directly deducted from my account. It took 1 week to sanctioned the loan. Total tenure period of the loan is 20 years.
      Was this review helpful? 2
      , visakhapatnam
      Reviewed on Jun 22, 2019
    • andhra Bank Home Loan
      "Recommendable Bank"
      0.5 5.0/5 "Blown Away!"
      I am working with Andhra Bank, they gave me attractive interest for the housing loan since I am a staff. I took the loan amount of Rs. 11 lakhs for the duration of 20 years. The response is genuine to the customer. They have balance transfer, part payment and pre closure option.
      Was this review helpful? 1
      , visakhapatnam
      Reviewed on May 15, 2019
    • SBI Home Loan
      "Best in the market"
      0.5 5.0/5 "Blown Away!"
      My SBI branch gave me the housing loan, being a staff I got attractive housing loan. The process was convenient to get the loan on time. I took the amount of Rs. 20 lakhs for the duration of 15 years, they do have balance transfer, part payment , foreclosure option but there is some terms and condition applicable.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Apr 24, 2019
    • HDFC Limited Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My home loan experience was good with HDFC LTD, the loan amount was based on my requirement and the rate of interest was nominal when compared to others. Customer service was good and they followed up on time. Tenure period for this loan is for 20 years.
      Was this review helpful? 3
      , visakhapatnam
      Reviewed on Feb 13, 2019
    • SBI Home Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      I had taken this loan a while back and it has been still running. The loan amount has been sufficient and the interest rate with them has been very low when compared with the market rate. Even during the process their customer support executives has been responsive.
      Was this review helpful? 3
      , visakhapatnam
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Best Service"
      0.5 4.5/5 "Excellent!"
      My home loan experience was good with HDFC LTD, the loan amount was for Rs 50 lacs with less interest rate when compared to others. Customer service was good and they followed up on time. The tenure period for this loan is for 15 years.
      Was this review helpful? 2
      , visakhapatnam
      Reviewed on Sep 25, 2018
    • Axis Bank Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It has been a very good experience i had with this home loan from AXIS and the services had been good. The loan amount which they had provided had been good and the interest rate with them had been good when compared with the market rate. Their customer support and their staff responses also had been good as well.
      Was this review helpful? 3
      , visakhapatnam
      Reviewed on Sep 17, 2018
    • HDFC Limited Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken home loan with HDFC LTD and my loan experience was fine. My loan amount is not sufficient for me i expected more, and interest rate is 8.65% and it is satisfactory.There is no hidden charges. I use to pay 17000 as EMI per month including top up loan and tenure period is 15years. I am not satisfied with customer service they did not respond in a friendly manner.
      Was this review helpful? 8
      , visakhapatnam
      Reviewed on Aug 22, 2018
    • Punjab National Bank Home Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have closed my home loan application with PNB Housing Finance because i do not require the home loan as of now. When it comes to customer service, it was good and they followed up on time. The rate of interest was nominal when compared to all other sources.
      Was this review helpful? 2
      , visakhapatnam
      Reviewed on May 16, 2018
    • Axis Bank Home Loan
      "Excellent service"
      0.5 4.0/5 "Great!"
      I have applied for the home loan with Axis bank and I got good response from axis bank with regards to my home loan application. The loan would get approved with in 15days of time. The customer support and the response part is good with the AXIS bank.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Jan 12, 2018
    • Punjab National Bank Home Loan
      "Change of plan"
      0.5 4.0/5 "Great!"
      Due to the change of plan i have not gone with PNB HOUSING FINANCE LIMITED for the home loan. The executive gave me god response and can be considerable in future for home loan. Other than that i dont have any other issue with PNB HOUSING FINANCE LIMITED.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Nov 24, 2017
    • Indiabulls Home Loan
      "Not good"
      0.5 0.5/5 "Unacceptable"
      I did not take the home loan from IndiaBulls is because what ever I was expecting was not fulfilled. I did not get the rate of interest and the loan amount as needed. The response was also not on time and not clear as well. It has not been a good deal overall.
      Was this review helpful? 4
      , visakhapatnam
      Reviewed on Nov 01, 2017
    • Punjab National Bank Home Loan
      "They didn't give it"
      0.5 3.0/5 "Satisfactory"
      I applied for a Home Loan with Punjab National Banking Housing Finance few days back. The overall experience they put forth was good, but I felt a little let down when I was not given the loan. They informed me that I won't be getting the loan for that particular place.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 31, 2017
    • Bank of Baroda Home Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      It was a very time process with the Bank of Baroda for the Loan against property. They completed the loan process on time and also offered a good rate of interest and processing fee. The services are very smooth and there was no struggle to get the loan.
      Was this review helpful? 2
      , visakhapatnam
      Reviewed on Oct 16, 2017
    • SBI Home Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      I expected the rate of interest and charges to be lesser of SBI but I found it the same as the private banks. The process took a month and half as there was a delay from the lawyer. Once the papers work was done, the bank completed the loan in a week for the home loan.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 16, 2017
    • Punjab National Bank Home Loan
      "good service"
      0.5 4.0/5 "Great!"
      Service is very good from PNB for my home loan service . Even the representatives and customer service is very helpful and responsible ,overall I can say it was a very good service from PNB for my home loan service. No issue till now from PNB housing .
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 07, 2017
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