{"id":8654,"date":"2022-11-28T12:44:36","date_gmt":"2022-11-28T12:44:36","guid":{"rendered":"https:\/\/www.homebazaar.com\/knowledge\/?p=8654"},"modified":"2026-04-24T12:45:03","modified_gmt":"2026-04-24T12:45:03","slug":"best-banks-for-home-loans-in-india","status":"publish","type":"post","link":"https:\/\/www.homebazaar.com\/knowledge\/best-banks-for-home-loans-in-india\/","title":{"rendered":"Top 10 Best Banks for Home Loans in India 2026"},"content":{"rendered":"<h2><span style=\"font-weight: 400\">How to Choose the Best Bank for a Home Loan in India<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Choosing the best home loan bank is not only about low interest rates. You should compare multiple factors before deciding which bank is best for a home loan.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Key factors to consider:<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Interest Rate: Lower rates reduce your overall loan cost.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Processing Fee: Varies by bank and borrower profile.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Loan Tenure: Longer tenure means lower EMI but higher interest.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Eligibility Criteria: Depends on income, age, and credit score.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Customer Service: Faster processing and support matters.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400\">Top 10 Best Banks for Home Loans in India 2026<\/span><\/h2>\n<h2><span style=\"font-weight: 400\">SBI Bank<\/span><\/h2>\n<p><span style=\"font-weight: 400\">State Bank of India is one of the most trusted lenders in India offering affordable home loan options with flexible repayment terms. <\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Overview\u00a0<\/b><\/td>\n<td><b>Details\u00a0<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Eligibility<\/span><\/td>\n<td><span style=\"font-weight: 400\">Salaried &amp; self-employed individuals\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Age Limit\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">18 to 70 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Loan Tenure\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Up to 30 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Interest Rate\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">7.40%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Processing Fee\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">\u20b915,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Prepayment Charges\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Nil for floating-rate loans<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"color: #1d1f20;font-size: 1.563em\">SBI Home Loan Charges and Other Fees Applicable<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Legal and technical charges.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Property valuation fees.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Documentation charges.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Stamp duty and registration charges.<\/span><\/li>\n<\/ul>\n<p>Also, you can check your <a href=\"https:\/\/www.homebazaar.com\/home-loan-eligibility-calculator\" target=\"_blank\" rel=\"noopener\">Home Loan Eligibility Here<\/a>.<\/p>\n<h3><span style=\"font-weight: 400\">Benefits of Taking a Home Loan from SBI<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Competitive interest rates.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">No foreclosure charges on floating-rate loans.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Trusted government-backed bank.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Wide branch network across India.<\/span><\/li>\n<\/ul>\n<p>Also, check out the <a href=\"https:\/\/www.homebazaar.com\/knowledge\/hdfc-vs-sbi-bank-home-loan\/\">Comparison Between HDFC Vs SBI Bank Home Loan<\/a><\/p>\n<h2><span style=\"font-weight: 400\">HDFC Bank<\/span><\/h2>\n<p><span style=\"font-weight: 400\">HDFC Bank is one of the leading private lenders in India, known for quick processing and flexible home loan options for both salaried and self-employed individuals.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Overview\u00a0<\/b><\/td>\n<td><b>Details\u00a0<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Eligibility<\/span><\/td>\n<td><span style=\"font-weight: 400\">Salaried &amp; self-employed individuals\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Age Limit\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">18 to 70 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Loan Tenure\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Up to 30 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Interest Rate\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">7.30%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Processing Fee\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">\u20b98,960\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Prepayment Charges\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Nil for floating-rate loans<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span style=\"font-weight: 400\">HDFC Home Loan Charges and Other Fees Applicable<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Legal and technical verification charges.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Property valuation fees.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Documentation charges.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Stamp duty and registration charges.<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400\">Benefits of Taking a Home Loan from HDFC Bank<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Competitive interest rates.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Faster loan approval and disbursal.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Flexible repayment options.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Strong customer support and digital process.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400\">Axis Bank<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Axis Bank offers flexible home loan options with competitive rates and a smooth digital application process.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Overview\u00a0<\/b><\/td>\n<td><b>Details\u00a0<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Eligibility<\/span><\/td>\n<td><span style=\"font-weight: 400\">Salaried &amp; self-employed individuals with stable income and good CIBIL score\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Age Limit\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">21 to 70 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Loan Tenure\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Up to 30 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Interest Rate\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">7.40% p.a.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Processing Fee\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">\u20b912,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Prepayment Charges\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Nil for floating-rate loans<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span style=\"font-weight: 400\">Axis Bank Home Loan Charges and Other Fees Applicable<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The processing fee varies based on loan amount and profile.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Legal &amp; technical verification charges applicable.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Prepayment charges: Usually not applicable for floating-rate loans.<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400\">Benefits of Taking a Home Loan from Axis Bank<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Easy online application process.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Flexible repayment options.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Quick loan approval and disbursal.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Customized loan solutions based on borrower profile.<\/span><\/li>\n<\/ul>\n<p>You can apply for a quick &amp; completely assisted <a href=\"https:\/\/www.homebazaar.com\/homeloans\">Home Loan Here.<\/a><\/p>\n<h2><span style=\"font-weight: 400\">LIC Housing Finance<\/span><\/h2>\n<p><span style=\"font-weight: 400\">LIC Housing Finance is a well-known lender backed by LIC, offering stable and affordable home loan options.\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Overview\u00a0<\/b><\/td>\n<td><b>Details\u00a0<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Eligibility<\/span><\/td>\n<td><span style=\"font-weight: 400\">Salaried &amp; self-employed individuals with stable income and good CIBIL score\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Age Limit\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">21 to 70 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Loan Tenure\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Up to 30 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Interest Rate\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">7.30% p.a.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Processing Fee\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">\u20b912,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Prepayment Charges\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Nil for floating-rate loans<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"color: #1d1f20;font-size: 1.563em\">LIC Housing Finance Home Loan Charges and Other Fees Applicable<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Legal &amp; technical verification charges applicable.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Documentation and administrative charges may apply.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">CERSAI, MOD, and other statutory charges as applicable.<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400\">Benefits of Taking a Home Loan from LIC Housing Finance<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Competitive interest rates.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Trusted brand with strong credibility.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Flexible repayment options.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Simple documentation process.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400\">IDBI Bank<\/span><\/h2>\n<p><span style=\"font-weight: 400\">IDBI Bank offers affordable home loan options with flexible repayment terms and competitive interest rates.\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Overview\u00a0<\/b><\/td>\n<td><b>Details\u00a0<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Eligibility<\/span><\/td>\n<td><span style=\"font-weight: 400\">Salaried &amp; self-employed individuals with stable income and good CIBIL score\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Age Limit\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">21 to 70 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Loan Tenure\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Up to 30 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Interest Rate\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">7.60%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Processing Fee\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">\u20b912,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Prepayment Charges\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Nil for floating-rate loans<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"color: #1d1f20;font-size: 1.563em\">IDBI Bank Home Loan Charges and Other Fees Applicable<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Legal &amp; technical verification charges applicable.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Documentation and administrative charges may apply.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">CERSAI, MOD, and other statutory charges are applicable.<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400\">Benefits of Taking a Home Loan from IDBI Bank<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Competitive interest rates.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Flexible repayment tenure.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Suitable for both salaried and self-employed borrowers.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Easy loan processing with digital support.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400\">IOB Bank<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Indian Overseas Bank offers competitive home loan options, especially known for relatively lower interest rates among public sector banks.\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Overview\u00a0<\/b><\/td>\n<td><b>Details\u00a0<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Eligibility<\/span><\/td>\n<td><span style=\"font-weight: 400\">Salaried &amp; self-employed individuals with stable income and good CIBIL score\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Age Limit\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">21 to 70 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Loan Tenure\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Up to 30 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Interest Rate\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">7.20%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Processing Fee\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">\u20b925,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Prepayment Charges\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Nil for floating-rate loans<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span style=\"font-weight: 400\">IOB Home Loan Charges and Other Fees Applicable<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Legal &amp; technical verification charges applicable.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Documentation and administrative charges may apply.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">CERSAI, MOD, NOI, and other statutory charges are applicable.<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400\">Benefits of Taking a Home Loan from IOB<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Competitive interest rates.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Trusted public sector bank.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Flexible repayment tenure.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Suitable for a wide range of borrowers.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400\">Union Bank of India\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Union Bank of India offers affordable home loan options with competitive interest rates and flexible repayment terms.\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Overview\u00a0<\/b><\/td>\n<td><b>Details\u00a0<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Eligibility<\/span><\/td>\n<td><span style=\"font-weight: 400\">Salaried &amp; self-employed individuals with stable income and good CIBIL score\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Age Limit\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">21 to 70 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Loan Tenure\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Up to 30 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Interest Rate\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">7.10%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Processing Fee\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">\u20b925,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Prepayment Charges\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Nil for floating-rate loans<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span style=\"font-weight: 400\">Union Bank Home Loan Charges and Other Fees Applicable\u00a0<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Legal &amp; technical verification charges applicable.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Documentation and administrative charges may apply.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">CERSAI, MOD, NOI, and other statutory charges are applicable.<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400\">Benefits of Taking a Home Loan from Union Bank of India<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Among the lower starting interest rates<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Flexible repayment tenure.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Trusted public sector bank.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Suitable for both salaried and self-employed applicants.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400\">Sammaan Capital Home Loan<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Sammaan Capital Housing Finance offers home loans with flexible eligibility criteria, often suitable for a wider range of borrower profiles.\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Overview\u00a0<\/b><\/td>\n<td><b>Details\u00a0<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Eligibility<\/span><\/td>\n<td><span style=\"font-weight: 400\">Salaried &amp; self-employed individuals with stable income and good CIBIL score\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Age Limit\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">21 to 70 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Loan Tenure\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Up to 30 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Interest Rate\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">8.70%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Processing Fee\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Up to 1% of the loan amount<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Prepayment Charges\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Nil for floating-rate loans<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span style=\"font-weight: 400\">Sammaan Capital Home Loan Charges and Other Fees Applicable<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Legal &amp; technical verification charges applicable.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Documentation and administrative charges may apply.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">CERSAI, MOD, NOI, and other statutory charges are applicable.<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400\">Benefits of Taking a Home Loan from Sammaan Capital Housing Finance<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Flexible eligibility criteria.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Suitable for self-employed and non-traditional income profiles.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Faster loan processing in many cases.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Customised loan offerings.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400\">Kotak Mahindra Bank\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Kotak Mahindra Bank offers flexible home loan solutions with competitive rates and a strong digital application process.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Overview\u00a0<\/b><\/td>\n<td><b>Details\u00a0<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Eligibility<\/span><\/td>\n<td><span style=\"font-weight: 400\">Salaried &amp; self-employed individuals with stable income and good CIBIL score\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Age Limit\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">21 to 70 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Loan Tenure\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Up to 30 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Interest Rate\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">7.60%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Processing Fee\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">0.25% of the loan amount<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Prepayment Charges\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Nil for floating-rate loans<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span style=\"font-weight: 400\">Kotak Home Loan Charges and Other Fees Applicable<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Legal &amp; technical verification charges applicable.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Documentation and administrative charges may apply.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">CERSAI, MOD, NOI, and other statutory charges applicable.<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400\">Benefits of Taking a Home Loan from Kotak Mahindra Bank\u00a0<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Competitive interest rates.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Digital loan application and faster processing.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Flexible repayment options.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Suitable for both salaried and self-employed borrowers.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400\">Bank of Baroda<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Bank of Baroda is a trusted government bank offering home loans with competitive rates, low processing charges, and flexible repayment options.\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Overview\u00a0<\/b><\/td>\n<td><b>Details\u00a0<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Eligibility<\/span><\/td>\n<td><span style=\"font-weight: 400\">Salaried &amp; self-employed individuals with stable income and good CIBIL score\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Age Limit\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">21 to 70 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Loan Tenure\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Up to 30 years\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Interest Rate\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">7.30%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Processing Fee\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">\u20b920,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Prepayment Charges\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400\">Nil for floating-rate loans<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span style=\"font-weight: 400\">Bank of Baroda Home Loan Charges and Other Fees Applicable\u00a0<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Legal &amp; technical verification charges applicable.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Documentation and administrative charges may apply.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">CERSAI, MOD, NOI, and other statutory charges are applicable.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Processing charges may vary by loan slab.<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400\">Benefits of Taking a Home Loan from Bank of Baroda<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Competitive interest rates linked to the repo rate.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Low processing charges compared to many lenders.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">No prepayment penalty on floating-rate loans.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Flexible repayment tenure up to 30 years.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Trusted public sector bank with a wide network.<\/span><\/li>\n<\/ul>\n<p>Also, Check out <a href=\"https:\/\/www.homebazaar.com\/knowledge\/home-loan-processing-fee\/\">Home Loan Processing Fee in 2026 and Other Charges<\/a><\/p>\n<p><b><i>Interest rates, processing fees, and charges mentioned are indicative and may vary based on applicant profile, CIBIL score, loan amount, and lender policies as on date.<\/i><\/b><\/p>\n<h6>Disclaimer: With 12+ years of experience &amp; expertise in the real estate industry, Homebazaar provides end-to-end property-buying solutions. Hundreds of 100% verified RERA-registered residential &amp; commercial properties are listed on our website. We provide facilities like Zero brokerage, 360\u00b0 virtual street view, effortless site visit services, end-to-end property buying agreements &amp; documentation guidance, and low-interest home loan assistance. This helped us gain the trust of 1,25,000+ clients across India &amp; sold 9,500+ homes of top reputed developers while saving Rs. 210+ Crores of brokerage<\/h6>\n<h2><b>FAQs<\/b><\/h2>\n<table>\n<tbody>\n<tr>\n<td><b>What is the processing fee for a home loan in India?<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">The processing fee for a home loan is a one-time charge levied by banks to process your loan application. It typically ranges between 0.25% to 1% of the loan amount, depending on the lender and borrower profile.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Is the home loan processing fee refundable?<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">No, the processing fee is generally non-refundable, even if your loan application is rejected or you choose not to proceed. This is because it covers administrative and verification costs.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Are there any prepayment charges on home loans?<\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">As per guidelines by the Reserve Bank of India, no prepayment or foreclosure charges are applicable on floating-rate home loans for individual borrowers. However, charges may still apply for fixed-rate loans or non-individual borrowers.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Which bank is best for a home loan in India? <\/b><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">There is no single best bank for everyone. The best home loan bank depends on:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Your CIBIL score<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Income profile<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Loan amount<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Processing fees and interest rate<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Public sector banks often offer lower rates, while private banks and NBFCs may provide faster processing and flexible eligibility.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How to Choose the Best Bank for a Home Loan in India Choosing the best home loan bank is not only about low interest rates. You should compare multiple factors before deciding which bank is best for a home loan. Key factors to consider: Interest Rate: Lower rates reduce your overall loan cost. Processing Fee: [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":20962,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0","subtitle":"Choosing the right lender is important when applying for a home loan. Many borrowers often ask which bank is best for a home loan in India. The answer depends on factors like interest rates, processing fees, and eligibility. In this guide we compare the best home loan bank options to help you find the best home loan in India in 2026.","format":"standard"},"jnews_primary_category":{"id":""},"footnotes":""},"categories":[23,1],"tags":[1663,1658,1660,195,1661,1659,1662],"class_list":["post-8654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home-loan","category-pan-india","tag-axis-bank-home-loan","tag-best-banks-for-home-loans","tag-hdfc-bank-home-loan","tag-home-loan","tag-kotak-mahindra-bank-bank-home-loan","tag-sbi-bank","tag-union-bank-home-loan"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/posts\/8654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/comments?post=8654"}],"version-history":[{"count":0,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/posts\/8654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/media\/20962"}],"wp:attachment":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/media?parent=8654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/categories?post=8654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/tags?post=8654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}