Apply for Home Loan Online
As the demand for housing increases, so does the price of housing. FinMarket offers home loans to buy a home or land or remodel an existing home.
The minimum home loan interest rate on a home loan starts at 8.40%* p.a. for salaried & 8.80%* for self-employed applicants.
Obtain home loans starting at an interest rate of 8.40% per annum, and the repayment period, which can extend up to 30 years depending on the loan amount, can go up to 90% of the property's value. Some banks and housing finance companies offer special home loan schemes for affordable housing. Additionally, many lenders allow you to transfer your existing home loan from other banks or finance companies at lower interest rates.
Features and Benefits of Home Loan
Home Loan offers various options, including amounts up to Rs. 75 crores from different banks. Check the table below to compare loans against property details from top banks, with tenures ranging from 10 to 20 years depending on the amount.
- Salaried applicants can take advantage of appealing interest rates beginning at 8.40%* per annum, while self-employed individuals can secure loans at rates starting from 8.80%* per annum.
- Housing loans are extended for a maximum tenure of 30 years, featuring affordable EMIs that are applicable until the borrower reaches the age of 70.
- Loan-to-value (LTV) ratio of up to 90%* based on the property's appraised value.
- Minimal processing fee of just 1.0%*.
- We provide top-up loans and facilitate balance transfers for existing home loan customers, offering them the opportunity to fulfil their personal financial needs at reduced interest rates.
Existing home loan borrowers have the option to benefit from our Home Loan overdraft facility.
Note: * The annual interest rate and processing fee may vary based on the customer's risk profile and the selected loan tenure.
Interest Rates for Home Loan 2026
The interest rate on a loan Home stands as an important factor in the decision-making process when choosing a loan. Therefore, it is advisable to thoroughly assess interest rates from various lenders before finalizing a loan offer.
| Home Loan Details | |
|---|---|
| Interest Rate | 8.4% p.a onwards |
| Processing | Up to 3% of the loan amount |
| Loan tenure | Can be up to 30 years and above |
Note:The above-stated interest rates are subject to change from time to time.
Home Loan EMI Calculator
Home Loan Calculator simplifies the process ofcalculating your Home Loan EMIproviding you with a user-friendly tool to make informed decisions when considering the purchase of a new home. By utilizing an EMI calculator, you can effortlessly assess and plan your home loan repayments, ensuring a clear understanding of the financial commitment associated with buying a new house.