Home Loan Interest Rates 2026:
Compare Banks & NBFCs
Compare home loan interest rates, processing fees,
repayment tenure and lender options from banks and
NBFCs. Review available loan information, eligibility
factors and documentation before applying.
Home loan interest rates can vary between lenders and
borrowers. The applicable rate may depend on factors such
as the lender, loan amount, credit profile, income,
property details, repayment capacity and prevailing
lending policies.
BankerMart displays lender information from its available
database to help borrowers compare home loan options.
Rates, processing fees and other loan terms should be
confirmed with the respective lender before submitting an
application.
Home Loan Resources
Home Loan
Explore home loan options, eligibility information,
lender details and related resources.
Compare the home loan information available in the
BankerMart database. The displayed figures are indicative and
may change according to lender policies and borrower
eligibility.
Interest rates, processing fees, tenure and other loan terms
are indicative and may change. Final pricing, eligibility and
approval are determined by the respective lender.
Banks Offering Home Loans
Review home loan rates, processing fees and repayment tenure
for the public and private sector banks currently available
in the BankerMart database.
NBFCs and housing finance lenders may offer home loan
solutions to eligible borrowers. Interest rates, processing
fees, documentation requirements and repayment terms vary by
lender.
A home loan is a secured loan offered by a bank or
housing finance lender to eligible borrowers for purposes
such as purchasing, constructing, extending or renovating
a residential property.
The borrower generally repays the loan through Equated
Monthly Instalments (EMIs) over an agreed repayment
tenure. The sanctioned amount, interest rate, charges
and eligibility depend on lender policy and borrower
circumstances.
Home Loan Eligibility
Salaried Applicants
Eligibility may depend on salary, employment
stability, credit history, existing obligations,
age and repayment capacity.
Self-Employed Applicants
Lenders may assess business income, tax returns,
financial records, banking history and repayment
capacity.
Property Eligibility
Property documents, legal status, valuation,
approvals and lender-specific property policies may
be considered.
Credit Profile
Credit history and existing liabilities can influence
lender assessment and the terms offered to an
applicant.
Documents Required for a Home Loan
Salaried Applicants
Identity proof
Address proof
Recent salary slips
Bank statements
Employment-related documents
Self-Employed Applicants
Identity proof
Address proof
Income-tax returns
Business or financial records
Bank statements
NRI Applicants
Passport and visa documents
Overseas address proof
Employment documents
Salary or income records
Property-related documents
Additional Documents
Additional income, property, banking or business
documents may be requested depending on the lender,
applicant profile and loan type.
Home Loan EMI Calculator
A home loan EMI calculator can help estimate the monthly
repayment based on loan amount, interest rate and tenure.
Try different combinations to understand potential
monthly repayment obligations.
A home loan balance transfer involves moving an
outstanding home loan from one lender to another, subject
to the new lender's eligibility and property assessment.
Borrowers can compare the proposed rate, remaining tenure,
processing charges and other applicable terms before
deciding whether a transfer is appropriate.
Loan Against Property
Loan Against Property (LAP) is a secured borrowing
facility where an eligible property is offered as security
to the lender. Interest rates, loan amounts, repayment
periods and permitted uses vary between lenders.
Common Home Loan Challenges
Low Credit Score
Lender eligibility may depend on credit history, income, existing obligations and repayment capacity.
High FOIR
A high fixed-obligation-to-income ratio can affect eligibility. Lender-specific assessment and applicable options may vary.
Self-Employed Income
Self-employed applicants may need income-tax returns, financial statements and banking records to establish repayment capacity.
Under-Construction Property
Loan processing may depend on project approvals, property documents and the lender’s project-level policies.
Property Approval
Property and builder approvals can vary between lenders, so applicants should verify lender-specific requirements before applying.
Home Loan Availability Across Major Indian Cities
Home loan eligibility, property requirements and lender
availability can vary according to the applicant and
property. BankerMart provides home loan information for
borrowers across major Indian cities.
Mumbai
Delhi
Bengaluru
Hyderabad
Chennai
Kolkata
Pune
Ahmedabad
Surat
Jaipur
Lucknow
Kanpur
Nagpur
Indore
Bhopal
Visakhapatnam
Patna
Vadodara
Gurugram
Noida
Frequently Asked Questions About Home Loans
What is a home loan?
A home loan is a secured loan provided by a bank or housing finance lender to help eligible borrowers purchase, construct, extend or renovate a residential property, subject to lender policy.
What determines the home loan interest rate?
The final interest rate may depend on factors such as the lender, borrower profile, credit history, income, loan amount, property details and prevailing lending policies.
How long can a home loan tenure be?
Home loan tenure varies by lender and borrower eligibility. Many lenders offer repayment periods extending up to 20 or 30 years.
What documents are required for a home loan?
Common documents include identity proof, address proof, income documents, bank statements and property-related documents. Additional documents may be required depending on the applicant and lender.
Can self-employed applicants get a home loan?
Eligible self-employed applicants can apply for home loans. Lenders generally assess income stability, business records, tax returns, banking history, credit profile and repayment capacity.
Can an existing home loan be transferred to another lender?
A home loan balance transfer may be available to eligible borrowers. The new lender generally assesses the outstanding loan, property, borrower profile and repayment history.
What is Loan Against Property?
Loan Against Property, or LAP, is a secured loan where an eligible property is offered as security. The permitted use of the loan depends on lender policy.
Need Help Comparing Home Loans?
Review lender options, understand eligibility and
compare loan terms before submitting your application.
