PaisaOne
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PaisaOne
Interest rates from 8.50% p.a.

Make Your Dream Home
A Reality

Get home loans with the lowest interest rates starting from 8.50% p.a., up to 90% funding, and flexible repayment options up to 30 years. Zero processing fee for limited time.

8.50%
Starting Rate
90%
Max Funding
2 Min Approval
Minimal Documentation
50+ Lender Options

What is a Home Loan?

A home loan is a secured loan facility offered by banks and Housing Finance Companies (HFCs) for purchasing, constructing, renovating, repairing, and extending residential properties. The loan is secured against the property being financed, which means the lender has the legal right to take possession of the property in case of default and auction it to recover the outstanding loan amount.

Home loans are one of the most popular and affordable financing options available to individuals, offering competitive interest rates, longer repayment tenures, and significant tax benefits. With PaisaOne, you can compare home loan offers from multiple lenders and choose the best option that suits your financial needs.

Types of Home Loans

Choose from our comprehensive range of home loan products designed for every home financing need

Home Purchase Loan

Finance your dream home with up to 90% funding

8.50% onwards
Max LTV: 90%
Tenure: Up to 30 years
Ready-to-move properties
Under-construction homes
Resale properties

Home Construction Loan

Build your home with flexible disbursement options

8.75% onwards
Max LTV: 80%
Tenure: Up to 30 years
Stage-wise disbursement
Own plot construction
Flexible payment terms

Home Improvement Loan

Renovate and upgrade your existing home

9.00% onwards
Max LTV: 85%
Tenure: Up to 15 years
Renovation & repairs
Home extension
Interior upgrades

Plot Purchase Loan

Buy residential plots in approved layouts

9.25% onwards
Max LTV: 70%
Tenure: Up to 15 years
Approved layouts only
Residential plots
Future construction plans

Top Home Loan Lenders

Compare interest rates and features from leading banks and HFCs

LenderInterest Rate (p.a.)Max LTVMax TenureProcessing FeeAction
State Bank of India8.50% - 9.70%90%30 years0.35%Apply
HDFC Bank8.60% - 9.50%90%30 years0.50%Apply
ICICI Bank8.70% - 9.75%90%30 years0.50%Apply
Axis Bank8.75% - 9.65%90%30 years1.00%Apply
Kotak Mahindra Bank8.70% - 9.50%90%30 years0.50%Apply
Punjab National Bank8.55% - 9.35%90%30 years0.35%Apply
Bank of Baroda8.50% - 9.25%90%30 years0.25%Apply
Canara Bank8.40% - 9.25%90%30 years0.50%Apply
LIC Housing Finance8.50% - 9.40%90%30 years0.50%Apply
HDFC Ltd8.60% - 9.55%90%30 years0.50%Apply

*Interest rates are subject to change and depend on individual credit profiles. Last updated: 6/7/2025

Why Choose Our Home Loans?

Experience the best home loan features designed to make your home buying journey smooth and affordable

Up to 90% Funding

Get maximum loan amount with minimal down payment

30 Years Tenure

Flexible repayment tenure up to 30 years

Zero Processing Fee

No processing fee for limited period offer

Quick Approval

Fast approval with minimal documentation

Home Loan Eligibility Criteria

Check if you meet the basic eligibility requirements for a home loan

NationalityIndian Residents, NRIs, PIOs
Credit Score730 and above (preferred)
Minimum Age18-21 years (varies by lender)
Maximum Age70-75 years at loan maturity
Loan Amount₹5 lakh to ₹10 crore

Documents Required

Simple documentation process for quick approval

For Salaried Individuals
  • PAN Card & Aadhaar Card
  • Last 3 months salary slips
  • Last 6 months bank statements
  • Form 16 or IT Returns (2 years)
  • Property documents
  • Passport size photographs
  • Employment certificate
  • Appointment letter
For Self-Employed
  • PAN Card & Aadhaar Card
  • Business registration documents
  • Last 12 months bank statements
  • IT Returns & P&L (3 years)
  • Property documents
  • Passport size photographs
  • Business license
  • GST registration certificate
Property Documents
  • Sale deed/Agreement to sell
  • Approved building plan
  • NOC from society/builder
  • Property tax receipts
  • Encumbrance certificate
  • Survey settlement records
  • Completion certificate
  • Occupancy certificate

Home Loan Processing Fees & Charges

Understand all the fees and charges associated with your home loan

ParticularsCharges
Processing Fee0.25% - 2% of loan amount
Administrative Fee₹2,000 - ₹10,000
Legal & Technical Fee₹5,000 - ₹15,000
Valuation Charges₹2,000 - ₹5,000
Prepayment Charges (Fixed Rate)2% - 4% of outstanding
Prepayment Charges (Floating Rate)Nil
EMI Bounce Charges₹400 - ₹750
Late Payment Charges2% per month

Home Loan Tax Benefits

Save taxes with home loan repayments under various sections of Income Tax Act

Section 80C

Principal Repayment

₹1.5 lakh per year

Deduction on principal amount, stamp duty, and registration fees

Section 24(b)

Interest Payment

₹2 lakh per year

Deduction on interest paid for self-occupied property

Section 24(b)

Let-out Property Interest

No limit

Full interest deduction for let-out properties

Note: Tax benefits are available only under the old tax regime. Consult with a tax advisor for personalized advice based on your financial situation.

Home Loan EMI Calculator

Calculate your monthly EMI and plan your home loan better

Calculate Your Home Loan EMI

Use our advanced EMI calculator to determine your monthly payments and total interest cost

Open EMI Calculator

Frequently Asked Questions

Get answers to common questions about home loans

Ready to Buy Your Dream Home?

Get pre-approved for your home loan in minutes with our simple online process and competitive interest rates