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home loan

Compare Home Loan

  • Multiple Partner Options
  • Competitive Rates Starting From 7.25%* P.a.
  • Flexible Tenures Up To 30 Years
  • Loans

Interest Rate

7.25%* P.A. Onwards

Emi

Starts At ₹ 682/Lakh

Processing Fees

Defined By Lender Policy (typically Up To 1%)

Loan Tenure

Up To 30 Years
Note: Interest rates, EMI, fees, charges, loan tenure and other terms are indicative and may vary across lending partners based on their policies, eligibility criteria and assessment. Final terms are subject to the respective lender's approval.

What is Home Loan

A home loan is a secured loan extended by banks and Housing Finance Companies (HFCs) to help individuals purchase, construct, or renovate a residential property, with the underlying property serving as security for the loan.

Purchasing or building a home is a major financial milestone. Spoctree simplifies your search by collating product details across multiple RBI-regulated banks and HFCs into a single dashboard, helping you evaluate options before submitting your inquiry.

Home loans have longer tenure range between minimum 2 years to maximum 30 years. Depending upon the individual applicant`s profile and lender, the APR (Annual Percentage Rate) of a home loan may vary from 7.25% - 13.00% annually.
Illustrative Example: If you take a home loan of Rs. 10 lakh at an annual interest rate of 7.25%* for 30 years would have an estimated EMI of Rs. 6,822. The total repayment would be approximately Rs. 24,55,835, including interest of Rs. 14,55,835. Actual rates, tenure and repayment terms depend on lender approval.

Types of Home Loan

  • Ready-to-Move / Resale Home Loans

    Designed for purchasing completed residential properties or pre-owned homes, available for both salaried and self-employed applicants.

  • Under-Construction Home Loans

    Tailored for properties under construction, offering stage-wise (slab-wise) disbursement schedules aligned with construction progress.

  • Plot & Land Purchase Loans

    Financing options for purchasing residential plots or land parcels where the applicant plans to construct a residential home.

  • Home Extension & Improvement Loans

    Loan options dedicated to expanding existing living spaces or undertaking home renovations, repairs, and interior enhancements.

  • Home Loan Balance Transfer

    Transfer your existing high-interest home loan to a new participating lender offering lower interest rates or improved repayment terms.

  • Top-Up Home Loans

    Additional financing facility extended over an existing home loan, allowing borrowers to manage personal or home-related capital requirements.