Best Home Loan Rates — Compare & Apply
Calculate your EMI, check eligibility instantly, and choose the best bank — all in one place in CreditPicker
Buying a home is the biggest financial decision of your life. Getting the wrong interest rate — even by 0.25% — can cost you ₹3-5 lakh extra over 20 years.
CreditPicker's ex-banking professionals help you compare home loan rates from 20+ banks, find the best fit for your profile, and get approved faster — without running from branch to branch.
Whether you are salaried, self-employed, or an NRI — we handle the complexity so you don't have to.
Who Can Apply for a Home Loan Through CreditPicker?
Salaried Employees
₹25,000+ monthly income
Self-Employed
Doctors, CAs, architects, consultants
Business Owners
ITR filed for 2+ years
NRIs
Buying property in India
First-Time Buyers
Confused about where to start
Balance Transfer
Existing loan at high rate
Get Your Home Loan in 3 Simple Steps
Check Eligibility
30 seconds
Compare Banks
Side by side
Apply with Expert
We handle paperwork
Plan Your Home Loan EMI
Monthly EMI
₹43,391
Total Interest
₹54,13,879
Total Amount
₹1,04,13,879
Want the best rate? Talk to our expert for free
Check How Much You Qualify For
Home Loan Interest Rates — All Banks May 2026
India Home Loan Rate Comparison — May 2026 · 30+ lenders · Repo rate 5.25%
| Bank / Lender | Type | Interest Rate (p.a.) | Processing Fee | Max Tenure | Min CIBIL | Approval Time | |
|---|---|---|---|---|---|---|---|
🏛️ SBI Largest PSU Bank | Public | 7.5% onwards | Nil–0.35% | 30 yrs | 650+ | 7-10 Days | |
🏛️ Bank of Baroda Major PSU Bank | Public | 7.45–10.20% onwards | ₹8,500–₹25,000 | 30 yrs | 675+ | 7-10 Days | |
🏛️ PNB Large PSU Bank | Public | 7.65–9.90% onwards | 0.35% (max ₹15k) | 30 yrs | 650+ | 7-10 Days | |
🏦 Union Bank PSU Bank | Private | 7.45–9.80% onwards | 0.50% (max ₹15k) | 30 yrs | 650+ | 7-10 Days | |
🏦 HDFC Bank Top Private Bank | Private | 7.75–9.65% onwards | Up to 0.50% | 30 yrs | 700+ | 7-10 Days | |
🏦 ICICI Bank Leading Private Bank | Private | 7.45–9.20% onwards | 0.50% + GST | 30 yrs | 700+ | 7-10 Days | |
🏦 Axis Bank Large Private Bank | Private | 8.00–9.65% onwards | Up to 1% | 30 yrs | 700+ | 7-10 Days | |
🏦 Kotak Mahindra Premium Private Bank | Private | 7.99–9.40% onwards | Up to 2% | 20 yrs | 720+ | 7-10 Days | |
🏦 IDFC First Bank Emerging Private Bank | Private | 7.85–9.75% onwards | Up to 1% | 30 yrs | 700+ | 7-10 Days | |
🏦 Yes Bank Private Sector Bank | Private | 8.40–10.25% onwards | Up to 1% | 25 yrs | 700+ | 7-10 Days | |
🏦 Federal Bank Mid-size Private Bank | Private | 8.20–9.85% onwards | 0.50% + GST | 30 yrs | 700+ | 7-10 Days | |
🏦 IndusInd Bank Private Sector Bank | Private | 8.25–10.00% onwards | Up to 1% | 30 yrs | 700+ | 7-10 Days | |
🏠 Bajaj Housing Finance (NBFC) Leading NBFC/HFC | NBFC | 7.49–9.50% onwards | Up to 0.5% | 32 yrs | 720+ | 7-10 Days | |
🏠 Tata Capital (NBFC) Leading NBFC | NBFC | 8.05–9.80% onwards | Up to 0.5% | 30 yrs | 700+ | 7-10 Days | |
🏠 LIC Housing Finance (HFC) Leading Housing FInance | HFC / NBFC | 7.50–9.55% onwards | Nil–₹10,000 | 30 yrs | 650+ | 7-10 Days |
Largest PSU Bank
Major PSU Bank
Large PSU Bank
PSU Bank
Top Private Bank
Leading Private Bank
Large Private Bank
Premium Private Bank
Emerging Private Bank
Private Sector Bank
Mid-size Private Bank
Private Sector Bank
Leading NBFC/HFC
Leading NBFC
Leading Housing FInance
Source: RBI, Bank websites · Repo Rate: 5.25% (Apr 2026) · Floating rates linked to repo rate. Actual rate depends on CIBIL score, loan amount, LTV ratio & borrower profile. Verify with CreditPicker before applying.
Compare Banks Side by Side
Pick up to 3 lenders, set your loan amount & tenure, and instantly see which bank saves you the most.
SBI
PublicMonthly EMI
₹40,280
at 7.5% p.a. (lowest of range)
Largest PSU Bank
Bank of Baroda
PublicMonthly EMI
₹40,127
at 7.45% p.a. (lowest of range)
Major PSU Bank
PNB
PublicMonthly EMI
₹40,739
at 7.65% p.a. (lowest of range)
Large PSU Bank
Potential savings: Choosing the lowest-EMI option saves you ₹1,47,016 in total interest over 20 years compared to the highest in your selection.
Save Tax on Your Home Loan
Section 80C (Principal)
₹95,694/year
Section 24B (Interest)
₹2,00,000/year
Total Tax Saved
₹59,139/year
Save Up to ₹3.5 Lakh in Tax Every Year
Section 24(b)
Up to ₹2 lakh
Interest deduction on home loan
Section 80C
Up to ₹1.5 lakh
Principal repayment deduction
Section 80EEA
Additional ₹1.5 lakh
First-time buyers, property under ₹45 lakh
Documents Required for Home Loan
Salaried
- Aadhaar + PAN
- Last 3 months salary slip
- 6 months bank statement
- Form 16
- Property documents
- Employment letter
Self-Employed
- Aadhaar + PAN
- ITR last 2 years
- 12 months bank statement
- Business proof / GST
- Property documents
- CA certified P&L
Frequently Asked Questions — Home Loan
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