Home Loan Interest Rates in India – 2025

Bank / HFC Interest Rate (p.a.) Processing Fee
State Bank of India (SBI)7.50%Up to 0.35% (₹2,000 – ₹10,000)
ICICI Bank7.60%Salaried: ₹5,900 incl. GST
Self-Employed: 0.25%
HDFC Ltd7.60%₹3,300 – ₹40,000 (based on loan)
Bank of Baroda7.45%Nil
Bajaj Housing Finance7.50%Nil
Central Bank of India7.35%Up to 0.5% (Max ₹20,000) + GST
Indian Overseas Bank7.30%Nil
LIC HFL8.50%0.25% (₹5,000 – ₹50,000)
Nil for women borrowers (up to ₹20 Cr)
Axis Bank8.35%₹11,800 + GST
Tata Capital8.00%Salaried: 0.15%, Self-Employed: 0.25% + GST
IDBI Bank7.65%₹5,000 + GST
Federal Bank7.90%₹15,000 + GST
PNB Housing Finance8.50%₹10,000 + GST
South Indian Bank8.30%0.50% (₹5,000 – ₹10,000) + GST

Rates are indicative and subject to change. Confirm with your loan advisor.

Quick Guide to Home Loans in India

  • Loan Amount: ₹10 Lakh to ₹10 Cr+
  • Tenure: 5 to 30 years
  • LTV: Up to 90% of property value
  • Interest Rates: Starting from 7.30%
  • EMI Example: ₹774 per ₹1 Lakh
  • Prepayment Charges: Nil on floating rate
  • Special Benefits: Lower rates for women and salaried professionals

Frequently Asked Questions

  • What is the minimum CIBIL score?
    Most banks require a minimum score of 700 for home loan approval.
  • Are there special offers for women?
    Yes, many banks offer concessional interest rates for women borrowers.
  • What are the tax benefits?
    You can claim up to ₹1.5L on principal (u/s 80C) and ₹2L on interest (u/s 24) annually.

Eligibility Criteria

  • Salaried Individuals:
    • Age: 21 to 60 years
    • Minimum Income: ₹25,000/month
    • Stable employment (1+ years)
    • CIBIL Score: 700+
  • Self-Employed / Business Owners:
    • Age: 21 to 65 years
    • Valid business proof (GST, Shop Act, etc.)
    • 3 years of ITRs and bank statements
  • NRIs:
    • Valid Passport & Visa
    • POA (Power of Attorney)
    • Overseas salary slips, bank statements

🚀 Apply for a Loan

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Home Loans Tailored for You

Turn your dream home into reality with flexible repayment options and attractive interest rates. OrangeCred’s home loans are crafted to support your goals with simplicity and transparency.

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Why Choose Our Home Loans?

  • 🏠 Quick approvals & minimal documentation
  • 💰 Competitive interest rates
  • 🕒 Flexible tenures up to 30 years
  • 📃 Transparent process with no hidden charges

Eligibility Criteria

  • Indian resident aged 21 to 60 years
  • Salaried or self-employed with regular income
  • Minimum 2 years of work/business experience
  • Good credit history preferred

Documents Required

  • Photo ID (Aadhaar/Passport/PAN)
  • Address proof
  • Income proof – Salary slips or ITR
  • Bank statements (last 6 months)
  • Property documents

Need Help with Your Application?

Reach out to our loan experts for personalized guidance.

📞 +91 70664 74373
📧 kiran.waghmare@orangecred.in