Loan Info
Home Loan - Information of Different Loan Options
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Before you take a home loan, it is important for you to know how much home loan EMI you would need to pay. Our Home Loan EMI calculator helps you calculate how much EMI you would have to pay against your required loan amount. All you need to do is enter the loan amount, tenure and interest rate, the home loan calculator will quickly estimate your monthly EMI.
Loan EMI Calculaor
How it Works
Step 1
Fill an online form to view the best offers from our partner banks.
Step 2
Our executive helps you choose the best offer for your requirement
Step 3
We pick up documents at your doorstep and submit to the bank
Step 4
Bank reviews your application and confirms approval
Are you eligible?
You should meet the following criteria to apply for this loan
- Resident type: Indians and Non-Resident Indians (NRIs)
- Applicant's age: 21 - 65 years
- monthly income for primary applicant: Rs 15,000
- monthly income for co-applicant: Rs 10,000
Key features of Home Loan
- Home Loan Interest Rate starts from 8.40%.
- Processing fees of Minimum Rs 10,000
- Loan Tenure of Home Loan ranges from 5 years to 30 years.
- Some bank allows prepayment of home loans with Nil charges on floating rate loans.
Loan Process
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Loan Amount
Whether you are planning to purchase a new house or extend/renovate an existing one, you can avail of a loan amount of up to Rs. 10 crores from any Bank home loan
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Attractive Interest Rate
Starting from 8.5% , the interest rate offered by Bank on a home loan is affordable
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Prepayment/Foreclosure Charges
If you avail of Bank Home loan on the floating interest rate, the prepayment charges are NIL and if you avail of the home loan on a fixed interest rate, the charges can go up to 2% + taxes
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Processing Fees
The processing fees charged by some bank on a home loan depends on the nature of the borrower’s work and goes up to 2% of the loan amount + taxes
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Easy Application Process
Bank home loan can be applied both online and offline and borrowers can choose the process as per their convenience
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Flexible Tenure
The flexible tenure to repay Bank Home Loan goes up to 30 years for stress-free EMIs
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Balance Transfer Facility
To avail lower interest rates,all the bank home loan borrowers to transfer their existing home loan from any bank to any other bank
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Minimum Documentation
Bank ensures that the documentation process to avail Bank Home Loan is not only easy but also requires minimum documentation
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