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Theo

● Home Loan Expert

👋 Hi! I'm Theo, your home loan expert.

Ask me anything — rates, eligibility, EMI, documents, or which bank is best for your profile.

🏡 Home Loan — Expert Guidance

Compare offers from 25+ banks & HFCs. Get matched with the lowest rate for your profile.

7.20%Starting Rate
₹10 Cr+Max Loan
32 yrsMax Tenure
✅ No Harassment — We call only if you enquire
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⚡ AI-Powered Matching

Compare Home Loan Rates — 2026

Updated rates from top banks & HFCs. Sorted by lowest rate.

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Home Loan Comparison

LenderInterest RateMax LoanMax TenureProcessing Fee
HDFC Bank
Fast Approval
7.20% p.a. Lowest₹10 Cr+30 yrsUp to 0.5%
PNB
Best Salaried
7.20% p.a.₹1 Cr30 yrs0.35%
Canara Bank
7.20% p.a.No Limit30 yrs0.50%
SBI
Women Discount
7.25% p.a.₹10 Cr+30 yrs0.35%
Bank of Baroda
7.40% p.a.₹10 Cr+30 yrs0.25–0.5%
Indian Bank
7.40% p.a.₹10 Cr+30 yrs0.40%
IDFC First Bank
Digital
7.50% p.a.₹10 Cr30 yrsVaries
Federal Bank
Zero Processing
7.60% p.a.₹5 Cr30 yrsNil
Bajaj Finance
HFC
8.00% p.a.₹3.5 Cr32 yrs2–3%
Piramal Finance
HFC
8.50% p.a.₹5 Cr20 yrsVaries
* Rates indicative. Final rate depends on credit profile. Updated March 2026.

Home Loan EMI Calculator

Estimate your monthly EMI instantly

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💡 Tax deduction up to ₹3.5L/yr — ₹1.5L principal (80C) + ₹2L interest (24b)

About Home Loans

What is a Home Loan?

A home loan is a secured loan to purchase, construct, or renovate residential property. The property acts as collateral, giving home loans the lowest interest rates among all loan types.

Eligibility

Age18 – 75 years
Salaried IncomeMin ₹25,000/month
Self-employedMin ₹30,000/month
Credit Score650+ (750+ for best rates)
Loan-to-ValueUp to 90% of property value

Tax Benefits

  • Section 80C: Up to ₹1.5L on principal repayment
  • Section 24(b): Up to ₹2L on interest paid
  • Total: Up to ₹3.5L/year

Types of Home Loans

  • Home Purchase — Ready or under-construction property
  • Construction Loan — Build on owned land
  • Plot Purchase — Buy residential land
  • Home Improvement — Renovation & repairs
  • Balance Transfer — Switch to lower rate

Documents Required

  • PAN Card & Aadhaar
  • Salary slips / ITR (2 years)
  • 6 months bank statements
  • Property documents (agreement, title deed)
  • Form 16

Best For

  • First-time buyers: SBI, HDFC, PNB (lowest rates)
  • High-value (₹1Cr+): HDFC, IDFC First
  • Self-employed: Piramal, Bajaj Finance
  • Longest tenure: Bajaj Finance (32 yrs)
  • Zero processing fee: Federal Bank

Frequently Asked Questions

Banks allow 40–50% of net monthly income as EMI. On ₹50,000/month salary, your EMI capacity is ₹20,000–25,000, translating to roughly ₹25–30L over 20 years at 7.5%.
650+ is acceptable. For the best rates (7.20% from HDFC/SBI), you need 750+. Below 650, NBFCs like Bajaj or Piramal can help at higher rates.
Yes. Loan is disbursed in stages as construction progresses. You pay only interest (pre-EMI) until possession. Ensure the project is RERA-approved.
Floating rates (linked to RLLR/MCLR) are currently 1–2% lower than fixed rates. We recommend floating for most borrowers today as rates may decrease further.
Yes — combining incomes with a co-applicant (spouse/parent) significantly increases eligibility. Both can claim independent tax benefits. SBI & PNB give 0.05% discount when a woman is the primary applicant.

Ready to Apply for Your Home Loan?

End-to-end expert assistance — from application to disbursal

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Theo

Your AI Financial Expert

👋 Hi! I'm Theo, your AI financial expert. What are you looking for today?