Your dream home, financed at India’s most competitive rates.
Compare home loan offers from 15+ leading banks and housing finance companies side-by-side. Rates starting at 8.35%* p.a., loans up to ₹5 Crore, and tenures up to 30 years — all with doorstep document pickup.
What is a home loan, and how does it work?
A home loan is secured financing from a bank or housing finance company that helps you purchase, construct, or renovate a residential property. The lender pays the property cost (up to 75-90% of its value) on your behalf, and you repay the amount over a chosen tenure through fixed monthly instalments (EMIs) that include both principal and interest.
At Finaxy World, we don’t lend directly — instead, we compare live offers from 15+ leading banks and housing finance companies, so you can see interest rates, processing fees, and eligibility side-by-side before you apply. This means less running around, fewer rejections, and a better shot at the lowest rate you qualify for.
See offers you qualify for →Who is a home loan for?
- First-time home buyers looking to purchase a flat, villa, or plot
- Families upgrading from a rented home to an owned property
- Self-employed professionals and business owners with stable income
- Homeowners planning construction, extension, or renovation
- Existing borrowers wanting to transfer a loan to a lower rate
Built for how India buys homes
Every offer on Finaxy World is compared across the features that actually matter for a decades-long commitment.
Competitive interest rates
Floating and fixed-rate options starting from 8.35%* p.a., linked to repo rate for full transparency.
High-value financing
Borrow up to 90% of the property value, with loan amounts ranging from ₹5 lakh to ₹5 crore.
Long repayment tenure
Spread repayments over up to 30 years to keep your EMI comfortably within budget.
Balance transfer & top-up
Move your existing loan to a lower rate and borrow additional top-up funds on the same property.
Minimal documentation
Digital KYC, income verification, and property document checks — most steps completed online.
Construction-linked disbursal
For under-construction property, funds are released in stages tied to construction milestones.
Optional insurance cover
Protect your family from repayment liability with optional loan-linked life insurance.
Joint loan eligibility
Add a co-applicant to increase your loan eligibility and combine tax benefits.
Why choose a home loan over paying in cash?
- Tax savings: Claim deductions on principal (Section 80C, up to ₹1.5 lakh) and interest (Section 24b, up to ₹2 lakh) every financial year.
- Preserve savings: Fund the property over time instead of depleting your liquid savings and investments in one go.
- Builds credit history: Timely EMI payments strengthen your CIBIL score for future borrowing.
- Own sooner: Move into your home now while repaying over 10-30 years instead of waiting to save the full amount.
- Prepayment flexibility: Most floating-rate home loans carry zero prepayment penalty, so you can close early once your income grows.
The long-term upside of financing your home
A home loan isn’t just a way to buy property — used well, it’s a disciplined savings and tax-planning tool. Because interest rates are typically lower than most other forms of credit, and because real estate tends to appreciate over the loan tenure, home loans remain one of the most efficient ways to build owned assets in India.
Our lending partners also offer step-up EMI options for young earners, and step-down EMI options as you approach retirement — so your repayment plan can flex with your career.
Get a personalised offerEstimate your monthly EMI
Move the sliders to see how loan amount, interest rate, and tenure affect your monthly outgo. This is an indicative estimate — your final EMI depends on the lender and offer you choose.
Get my exact eligibility →Do you qualify for a home loan?
Exact criteria vary by lender, but most banks and NBFCs evaluate applicants against the benchmarks below.
| Criteria | Salaried | Self-Employed |
|---|---|---|
| Age | 21–60 years | 25–65 years |
| Minimum income | ₹25,000/month | ₹3,00,000/year |
| Work / business vintage | 2+ years | 3+ years |
| CIBIL score | 700+ preferred | 700+ preferred |
| Nationality | Resident / NRI | Resident / NRI |
Required Documents
- PAN Card & Aadhaar Card
- Passport-size photographs
- Utility bill / rent agreement
- Salary slips (last 3 months) or ITR (last 2-3 years)
- Form 16 / bank statements (last 6 months)
- Business proof for self-employed applicants
- Sale agreement / allotment letter
- Title deed & property tax receipts
- Approved building plan (for construction)
From application to disbursal in 4 steps
Check eligibility
Share basic income and property details to see live offers you qualify for — takes under 2 minutes.
Compare & choose
Compare interest rate, processing fee, and tenure across lenders and pick the best fit.
Upload documents
Submit KYC, income, and property documents digitally — no repeated branch visits.
Approval & disbursal
Get sanctioned and receive funds directly, or in stages for under-construction property.
Home loan questions, answered
Most lenders prefer a CIBIL score of 700 or above for the best interest rates. Some NBFCs will consider applicants with scores from 650, though typically at a higher rate.
Lenders generally structure your EMI so it doesn’t exceed 40-50% of your net monthly income, alongside the property’s market value and your existing loan obligations.
No, but adding a co-applicant — especially a spouse or earning family member — can increase your eligible loan amount and may unlock additional joint tax benefits.
Yes. Floating-rate home loans for individual borrowers carry no prepayment or foreclosure penalty as per RBI guidelines, letting you close the loan early without extra charges.
It lets you move your outstanding loan from your current lender to a new one offering a lower interest rate, potentially reducing your EMI or overall interest outgo.
No. Comparing offers and checking your eligibility on Finaxy World is completely free, with no consultation fee at any stage.