Home Loan
Finance to buy, build, or extend your home — one of the lowest-cost ways to borrow, secured against the property itself.
A home loan is secured against the property you’re buying or building, which is exactly why it typically carries a lower interest rate than an unsecured loan. It’s one of the most common ways Indian families fund their first home, an upgrade, or the construction of a house on land they already own.
Because a property is involved, the process includes legal and technical verification alongside the usual income and credit checks — this protects both you and the lender. With 90+ banks and NBFCs on our panel, we help match your profile and the property to a lender who can move things forward smoothly.
Who it suits
- First-time home buyers
- Anyone building on land they already own
- Those extending or renovating an existing home
Eligibility
- Age typically 21–65 years (loan tenure adjusted so it ends before retirement age for salaried applicants)
- Stable income — salaried or self-employed
- The property must have clear title and pass the lender's legal and technical checks
- CIBIL score and existing EMIs are reviewed as with any loan
Documents you'll need
- PAN card and Aadhaar card
- Income proof — salary slips/Form 16, or ITR and business proof for self-employed
- Bank statements, typically 6 months
- Property documents — sale agreement, title deed, approved building plan
A quick sense of the EMI
For example, ₹30,00,000 over 5 years at an indicative 11% works out to about:
₹65,227/month
Indicative only — your actual EMI depends on the amount, tenure and rate you're offered.
Try the full calculatorCommon questions about home loan
How much of the property value can I borrow?
Lenders typically finance a large majority of the property's value, with the rest — the down payment — coming from you. The exact proportion depends on the loan amount and the lender's policy.
Can I get a home loan for a plot of land?
Land purchase alone is usually financed differently from a home loan, but a combined plot-plus-construction loan is common — talk to us about your specific plan.
What is the usual tenure for a home loan?
Home loans typically run for long tenures — often up to 20–30 years — which keeps the EMI manageable, though a shorter tenure reduces total interest paid.
Are there tax benefits on a home loan?
Home loan principal and interest repayments can qualify for tax deductions under the Income Tax Act, subject to current rules and limits. We'd recommend confirming the specifics with a tax advisor for your situation.
Do I need a lawyer to check the property papers?
The lender's own legal team verifies the title and documents as part of the process, which adds a layer of protection for you — though you're always free to get an independent opinion too.
Ready to talk about your home loan?
Tell us your need and we'll match you to the right lender from our panel of 90+ banks & NBFCs.