Buying a home is a big step, and finding the right home loan can make it easier and cheaper. In India, many banks and financial companies offer home loans. It is completely understandable that choosing the best one for you can be hard. We'll give you a list of the top 10 home loan providers in India, looking at things like interest rates, fees, how long you can borrow for, and other important things.
HDFC Ltd. (Housing Development Finance Corporation) is one of the leading housing finance companies in India, established in 1977. The company has various products related to loans such as personal, car, home, business, loan against property, education and so on.
| Interest Rate | Starting from 8.70% p.a |
| Processing Fee | 0.50% or 3,000 whichever is higher |
| Max tenure | 30 years |
| Max Amount | 10 Crore |
LIC Housing Finance Ltd. (LICHFL) is a subsidiary of Life Insurance Corporation of India and a prominent player in the housing finance sector. It provides a variety of home loan options with competitive interest rates.
| Interest Rate | Starting from 8.50% p.a |
| Processing Fee | 0.25% of loan amount (Min. Rs 5,000 to Max. Rs 50,000) |
| Tenure | 5-30 Years |
| Max Amount | up to 15 crore |
Indiabulls Housing Finance Ltd. is one of India’s largest housing finance companies, offering a range of home loan products to cater to the needs of different customer segments.
| Interest Rate | Starting from 9.30% p.a |
| Processing Fee | Up to 2% |
| Tenure | 30 Years |
| Max Amount | up to 10 crore |
L&T Housing Finance Limited is a subsidiary of Larsen & Toubro, offering a range of home loan products with attractive features and competitive interest rates.
| Interest Rate | 8.65% for salaried individuals |
| Processing Fee | Up to 3% plus taxes |
| Tenure | 30 years |
| Max Amount | 7.5 crore |
PNB Housing Finance Limited is a leading housing finance company in India, backed by Punjab National Bank. It offers a variety of home loan products with competitive interest rates.
| Interest Rate | 8.40% |
| Processing Fee | 1.0% |
| Tenure | 30 years |
IIFL Housing Finance Limited is a leading housing finance company offering home loans with flexible terms and competitive interest rates.
| Interest Rate | Starting from 8.50% |
| Tenure | 25 years |
| Max Amount | 2 crore |
Tata Capital Housing Finance Ltd. is part of the Tata Group, offering a range of home loan products with attractive features and benefits
| Interest Rate | Staring from 12.00% p.a |
| Processing Fee | Up to 2% plus GST |
| Tenure | 30 years |
| Max Amount | 5 crore |
State Bank of India (SBI) is the largest bank in India, offering a wide range of home loan products with competitive interest rates and attractive features.
| Interest Rate | 8.50% onwards p.a |
| Processing Fee | 0.35% to 0.50% plus applicable GST |
| Tenure | 30 years |
| Max Amount | 15 crore |
ICICI Bank is one of the leading private sector banks in India, offering a variety of home loan products with competitive interest rates and flexible terms.
| Interest Rate | Up to 17% p.a |
| Processing Fee | 0.50%-2.00% or 3,000 whichever is higher |
| Tenure | 30 years |
| Max Amount | 5 crore |
UCO Bank is a prominent public sector bank in India known for its wide range of financial services and customer-centric approach. It operates with a strong network of branches across the country, offering diverse banking solutions to individuals and businesses alike.
| Interest Rate | Starting from 8.45% |
| Processing Fee | 0.15% (Rs. 1,500 - Rs. 15,000) |
| Tenure | 30 years |
| Loan Amount | Up to 90% of the property value |
Choosing the right home loan provider is crucial for making your dream of owning a home a reality. The above-listed home loan providers in India offer competitive interest rates, flexible loan tenures, and a range of features to suit different needs. Make sure you compare the processing fees, loan tenure, and other terms before making a decision.
How can EazyBankLoan help you in taking a loan? We understand the process of procuring a loan can be stressful. That is why we take care of your Loan application process, saving you time and hassle by handling the paperwork and communication with the loan providers.
Check the details here at EazyBankLoan
Need help? Reach out at support@eazybankloan.com
Consider the interest rate, processing fee, loan tenure, loan amount, and special features like prepayment options and balance transfer facilities.
Some lenders, like HDFC and SBI, do not charge for part-prepayment or foreclosure for floating-rate loans. However, it's essential to check the specific terms of your loan provider.
Most lenders offer up to 80-90% of the property value as a loan, depending on the borrower’s profile and eligibility.
Yes, many lenders offer balance transfer options with attractive interest rates and minimal documentation.
No List Founds!
Your email address will not be published. Required fields are marked *
