Home Loan at 7.35%* p.a. with tenure up to 30 years
- Compare home loan rates from top banks & HFCs
- Balance transfer & top-up options available
- Tax benefits up to ₹3.5 Lakh per year
Interest from
7.35% p.a.
Loan up to
₹10 Crore
Tenure
Up to 30 years
Home Loan at a Glance
| Feature | Details |
|---|---|
| Interest Rate | 7.35% – 12% p.a. |
| Loan Amount | Up to 90% of property value |
| Tenure | Up to 30 years |
| Processing Fee | 0.25% – 1% of loan amount |
| Tax Benefits | Sec 80C & Sec 24(b) |
| Prepayment Charges | Nil on floating rate loans |
Home Loan Interest Rates
Compare offers from our lending partners. Rates are indicative and depend on your profile.
SBI
HDFC Bank
ICICI BankKey Features & Benefits
Lowest Rates
Secured loan with some of the lowest interest rates.
Long Tenure
Small EMIs with repayment up to 30 years.
Balance Transfer
Move your existing home loan to a lower rate.
Tax Savings
Save tax on both principal and interest repayment.
Home Loan EMI Calculator
Use the sliders to see your monthly EMI and total interest.
Your Monthly EMI
₹26,035
Eligibility Criteria
- Age between 21 and 65 years (at loan maturity)
- Salaried or self-employed with stable income
- CIBIL score of 750 or above for best rates
- Property with clear legal title
Documents Required
- PAN, Aadhaar and address proof
- Salary slips / ITR for last 2–3 years
- Last 6 months bank statement
- Property documents — sale agreement, title deed, approved plan
Fees & Charges
| Particulars | Charges |
|---|---|
| Processing Fee | 0.25% – 1% of loan amount |
| Prepayment (floating rate) | Nil |
| Legal & Technical Charges | As per actuals |
| Late EMI Payment | 1% – 2% per month on overdue amount |
How to Apply for Home Loan via MyLoanWala
- 1
Fill a short form with your name, mobile number and loan requirement.
- 2
Our loan expert calls you and compares offers from multiple banks & NBFCs.
- 3
Choose the best offer and submit documents online.
- 4
Get approval and money credited directly to your bank account.
Home Loan — FAQs
How much home loan can I get?
Banks finance up to 75–90% of the property value depending on the loan amount, and your EMI should generally be within 50–60% of your monthly income.
What is a home loan balance transfer?
It means moving your existing home loan to another lender offering a lower interest rate, reducing your EMI or tenure.
Are there tax benefits on a home loan?
Yes. You can claim up to ₹1.5 Lakh on principal under Sec 80C and up to ₹2 Lakh on interest under Sec 24(b) under the old tax regime.