Unlock the Door to Your Dream Home

Compare the best home loan interest rates from top Banks and NBFCs, or transfer your existing loan to reduce your EMI. Fast processing and expert guidance with Nivasa Capital.

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Rates starting from 7.10% p.a.*

Top Partner Banks & NBFCs

Lender Name Interest Rate (p.a.) Processing Fee Max Tenure
SBI Home Loans 7.25% - 8.70% 0.35% (Min ₹3,000) Up to 30 Years
HDFC Bank 7.20% onwards Up to 0.50% Up to 30 Years
ICICI Bank 7.45% onwards Up to 0.50% Up to 30 Years
Axis Bank 8.00% - 11.90% Up to 1.00% Up to 30 Years
PNB Housing Finance 7.50% onwards 0.50% of Loan Amount Up to 30 Years

Paying Too Much on Your Current Home Loan?

Switch to a Lower Interest Rate with our Balance Transfer Service

If you are already paying an EMI at a high-interest rate, Nivasa Capital can help you seamlessly transfer your outstanding home loan to a new bank or NBFC offering a lower rate. This simple switch can save you lakhs of rupees in interest over your loan tenure and significantly reduce your monthly EMI burden.

  • Lower your monthly EMI automatically
  • Save significantly on your overall interest payout
  • Option to avail a Top-Up Loan for personal needs
  • Minimal documentation and fast processing
Calculate Your Savings & Apply
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Reduce Your EMI Today

Don't let high interest rates drain your hard-earned savings.

Home Loan EMI Calculator

₹ 50,00,000
₹10L₹5Cr
8.5%
6%15%
20 Years
1Y30Y

Your Monthly EMI

₹ 0

Principal ₹ 0
Interest ₹ 0
Total Payable ₹ 0

Understanding Home Loans

Make informed decisions with Nivasa Capital. Here is everything you need to know about how home loan interest rates work.

Types of Interest Rates

  • Fixed-Rate: The interest rate remains the same throughout the loan tenure, keeping your EMI constant.
  • Floating-Rate: Subject to current market lending rates (linked to RBI repo rate). EMIs increase or decrease based on market movements.
  • Hybrid Loans: Initially fixed for a specific period, after which it converts to a floating interest rate.

How are Rates Determined?

Home loan interest rates depend on numerous factors pertaining to external benchmarks, the borrower's profile, and specific lender policies.

A high credit score (750+) and a clean repayment record help applicants qualify for the lowest rates. Furthermore, stable employment, a low EMI/NMI ratio, and larger down payments play a crucial role in securing a better deal.

Eligibility Criteria

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Age Limit

Applicants must be between 18 and 70 years of age at the time of loan maturity.

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Employment

Available for both Salaried professionals and Self-employed individuals/business owners.

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Minimum Income

A net monthly income of at least ₹25,000 (or ₹3 Lakhs to ₹5 Lakhs per annum).

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Credit Score

A healthy CIBIL score of 750 or above ensures faster approval and lower interest rates.

Documents Required (Reference)

For Salaried Individuals

  • Identity Proof: PAN Card, Aadhaar, Passport, or Voter ID
  • Address Proof: Aadhaar, Utility Bills, or Rent Agreement
  • Income Proof: Last 3 months' Salary Slips
  • Bank Statements: Last 6 months' statement showing salary credits
  • Tax Documents: Form 16 or Income Tax Returns for last 2 years
  • Property Documents: Allotment letter, Agreement of Sale, etc.
  • For Balance Transfer: Foreclosure letter and repayment track record from current lender.

For Self-Employed Individuals

  • Identity & Address Proof: Aadhaar, PAN Card, Passport
  • Business Proof: Trade License, GST Registration, or Partnership Deed
  • Income Proof: Audited Balance Sheet & P&L Statement (Last 3 Years)
  • Tax Documents: ITR of business and self for the last 3 years
  • Bank Statements: Current Account statements for the last 12 months
  • Property Documents: Title deeds, NOC from builder/society.
  • For Balance Transfer: Foreclosure letter and repayment track record from current lender.

Apply with Nivasa Capital

Fill in your details and upload initial documents. Our experts will contact you shortly.

1. Personal Information

2. Loan Requirements

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