🎉 Savan Dhamaka Offer — Personal Loan BT starting 9.99%* for loans above ₹15L Learn more ›
MahadevX BT Advantage — Transfer your existing loan & save more · PL 9.99%* · Home 7.10%* · LAP 7.60%* · Business 7.10%* Learn more ›
Savan Dhamaka Offer

Paying Higher Interest on Your Existing Home Loan?

Transfer @ 7.10% P.A.*

Salaried & Self-Employed. Move to a lower rate, cut lakhs of rupees in total interest over the remaining tenure.

Check My BT Savings Learn More
One application · One CIBIL check · Offers from 25+ lenders
Starting from
7.10 %*
P.A.
*Terms apply. Subject to eligibility, credit profile & lender policy.
Lower Rate → Lower EMI → Higher Savings
₹1000+ Cr disbursed across India · Trusted by 5000+ borrowers · 25+ banking partners
Home Loan

Buy Your Dream Home at 7.10% p.a. Starting Rate

Loan from Rs 5 Lakh to Rs 30 Crore · Tenure up to 30 years · 50+ Banks & HFCs · MahadevX-negotiated preferential rates

  • Rates as low as 7.10% for salaried & self-employed
  • Balance Transfer to reduce your EMI immediately
  • Doorstep documentation, disbursal in 7-15 days
  • Tax benefits under Sec 80C (up to Rs 1.5L) + Sec 24 (up to Rs 2L)

What is a Home Loan?

A Home Loan is a secured loan you take from a bank or housing finance company (HFC) to buy, build, extend, or renovate a residential property. The property itself acts as collateral, which lets lenders offer rates far lower than any unsecured loan - typically 7% to 9.5% p.a. for salaried applicants in mid-2026 India.

You repay in Equated Monthly Instalments (EMIs) over a long tenure - anywhere from 5 to 30 years. Long tenure means lower monthly EMI but higher total interest; shorter tenure means higher EMI but big interest savings over the loan life. Balance Transfer (BT) at any point lets you shift your outstanding to a lower-rate lender - a well-timed BT alone can save Rs 4-10 lakh on a Rs 50 lakh 20-year loan.

MahadevX Fintech works with 50+ lenders across PSU banks, private banks, small finance banks, and specialised HFCs. Because we run a high volume through empanelled lenders, we negotiate preferential rates - the "MahadevX Negotiated" rate you see on each card below is what our lending partners agree to offer eligible applicants routed through us.

Top Banks For Home Loan

Compare interest rates from leading banks and NBFCs - MahadevX-negotiated rates highlighted

State Bank of India
Interest Rate 7.25% - 9.50%
MahadevX Negotiated 7.25% *
Loan Amount ₹5L - ₹5.0Cr
EMI Per Lakh ₹791 - ₹933
Processing Fee 0.35% + GST
About
HDFC Bank
Interest Rate 7.55% - 8.95%
MahadevX Negotiated 7.55% *
Loan Amount ₹5L - ₹10.0Cr
EMI Per Lakh ₹793 - ₹921
Processing Fee 0.50% + GST
About
ICICI Bank
Interest Rate 7.60% - 9.00%
MahadevX Negotiated 7.60% *
Loan Amount ₹5L - ₹5.0Cr
EMI Per Lakh ₹795 - ₹925
Processing Fee 0.50% + GST
About
Axis Bank
Interest Rate 7.60% - 9.40%
MahadevX Negotiated 7.60% *
Loan Amount ₹5L - ₹5.0Cr
EMI Per Lakh ₹795 - ₹955
Processing Fee 1% + GST
About
Kotak Mahindra Bank
Interest Rate 7.65% - 9.40%
MahadevX Negotiated 7.65% *
Loan Amount ₹5L - ₹3.0Cr
EMI Per Lakh ₹797 - ₹955
Processing Fee 0.50% + GST
About
LIC Housing Finance
Interest Rate 7.50% - 9.75%
MahadevX Negotiated 7.50% *
Loan Amount ₹5L - ₹5.0Cr
EMI Per Lakh ₹791 - ₹980
Processing Fee 0.25% + GST
About
Punjab National Bank
Interest Rate 7.55% - 9.00%
MahadevX Negotiated 7.55% *
Loan Amount ₹5L - ₹5.0Cr
EMI Per Lakh ₹793 - ₹925
Processing Fee 0.35% + GST
About
Bank of Baroda
Interest Rate 7.55% - 9.10%
MahadevX Negotiated 7.55% *
Loan Amount ₹5L - ₹10.0Cr
EMI Per Lakh ₹793 - ₹933
Processing Fee 0.25% + GST
About
Canara Bank
Interest Rate 7.55% - 9.90%
MahadevX Negotiated 7.55% *
Loan Amount ₹5L - ₹10.0Cr
EMI Per Lakh ₹793 - ₹992
Processing Fee 0.50% + GST
About
Union Bank of India
Interest Rate 7.55% - 9.40%
MahadevX Negotiated 7.55% *
Loan Amount ₹5L - ₹5.0Cr
EMI Per Lakh ₹793 - ₹955
Processing Fee 0.50% + GST
About

Home Loan Eligibility Criteria

Most lenders share the same broad shape of eligibility but each tightens or relaxes specific criteria based on their internal policy. The list below covers what will be checked across almost every bank you apply to through MahadevX.

Age21 to 65 years at loan closure (salaried) · up to 70 years (self-employed)
EmploymentSalaried in a stable company / self-employed with 3+ years of business vintage / professional (doctor, CA, etc.)
IncomeMinimum Rs 25,000/month salaried · Rs 3L+ annual ITR for self-employed (most PSU banks)
CIBIL score700+ preferred · 750+ unlocks best rates · 650-700 possible at NBFCs with higher rate
PropertyMust be residential, approved by local authority, and technically clear on lender legal + technical valuation
FOIRFixed Obligation to Income Ratio <= 55%. Existing EMIs plus this new EMI cannot exceed 55% of monthly income.

Documents Required

KYC (all applicants)

  • PAN card + Aadhaar
  • Passport-size photograph
  • Address proof (Aadhaar/passport/utility bill)

Income (salaried)

  • Latest 3 months salary slips
  • Last 6 months bank statement (salary account)
  • Form 16 or last 2 years ITR
  • Employment offer letter or ID card

Income (self-employed)

  • Last 3 years ITR + computation
  • Last 3 years audited financials (P&L, Balance Sheet)
  • Last 12 months current + savings account statements
  • Business proof (GST, Udyam, incorporation certificate)

Property

  • Sale agreement / builder-buyer agreement
  • Chain of title documents (older properties)
  • Approved building plan + occupation certificate
  • Latest property tax receipt / khata / mutation

How MahadevX Home Loan Works

1Share your requirementFill the hero form or call +91 98710 01985. We collect basic details in 60 seconds.
2Compare offersWe run soft-check eligibility across 50+ lenders and show you 3-5 best-fit offers with rate, EMI, tenure options.
3Pick + apply onlineChoose the offer that fits. Upload documents securely from home. Our advisor handles lender coordination end-to-end.
4Approval + disbursalBank sanctions the loan after property legal + technical clearance. Disbursal is usually 7-15 working days.

Live Home Loan Rates

Rates updated regularly
S State Bank of India Home Loan @ 7.25% → H HDFC Bank Home Loan @ 7.55% → I ICICI Bank Home Loan @ 7.60% → A Axis Bank Home Loan @ 7.60% → K Kotak Mahindra Bank Home Loan @ 7.65% → L LIC Housing Finance Home Loan @ 7.50% → P Punjab National Bank Home Loan @ 7.55% → B Bank of Baroda Home Loan @ 7.55% → C Canara Bank Home Loan @ 7.55% → U Union Bank of India Home Loan @ 7.55% → B Bank of India Home Loan @ 7.60% → I IDFC First Bank Home Loan @ 8.85% → S State Bank of India Home Loan @ 7.25% → H HDFC Bank Home Loan @ 7.55% → I ICICI Bank Home Loan @ 7.60% → A Axis Bank Home Loan @ 7.60% → K Kotak Mahindra Bank Home Loan @ 7.65% → L LIC Housing Finance Home Loan @ 7.50% → P Punjab National Bank Home Loan @ 7.55% → B Bank of Baroda Home Loan @ 7.55% → C Canara Bank Home Loan @ 7.55% → U Union Bank of India Home Loan @ 7.55% → B Bank of India Home Loan @ 7.60% → I IDFC First Bank Home Loan @ 8.85% →

Frequently Asked Questions

What is the lowest Home Loan interest rate in India in 2026?
As of mid-2026, public sector banks like SBI, PNB, and Bank of Baroda offer starting rates from 7.50% p.a. for salaried applicants with strong CIBIL scores. Through MahadevX-negotiated channels, eligible applicants can access starting rates from 7.10% p.a. Actual rate depends on your income, CIBIL score, property location, and loan amount.
How much home loan can I get on my salary?
Most lenders cap the EMI at 45-55% of your monthly income (FOIR). On a Rs 1 lakh/month salary with no existing EMIs, you can typically qualify for a Rs 50-70 lakh home loan at current rates over a 25-30 year tenure. MahadevX runs a free eligibility check across 50+ lenders to give you an exact number in minutes.
What is the maximum tenure for a home loan?
Most banks and HFCs offer tenures up to 30 years for salaried applicants below 40, capped at retirement age (usually 60-65 for salaried, 70 for self-employed). Longer tenure means lower EMI but higher total interest - always run the EMI calculator to see the trade-off before choosing.
What are the tax benefits on a home loan?
You can claim (a) up to Rs 1.5 lakh/year on principal repayment under Section 80C, (b) up to Rs 2 lakh/year on interest paid under Section 24(b) for self-occupied property, (c) an additional Rs 50,000/year under Section 80EE for first-time buyers meeting specific conditions. Consult a tax advisor for your specific case.
Can I get a home loan with a low CIBIL score?
Applicants with a CIBIL score below 650 typically face higher rejection risk from PSU and top private banks. NBFCs and HFCs can still fund at 8.5-10.5% p.a. with a slightly higher processing fee. MahadevX can route your file to lenders whose current risk appetite matches your profile.
What is Home Loan Balance Transfer (BT)?
Balance Transfer is moving your existing outstanding home loan from one lender to another at a lower interest rate. On a Rs 50 lakh loan with 15 years remaining, a 1% rate reduction can save Rs 5-7 lakh in total interest. MahadevX handles the paperwork, foreclosure at the old bank, and disbursal at the new bank end-to-end.
How long does it take to get a home loan sanctioned?
From complete document submission, salaried applicants with clean CIBIL typically get sanction letters in 3-7 working days. Property legal + technical clearance adds another 5-10 days. Total time from application to disbursal is usually 15-25 working days - MahadevX advisors coordinate all follow-ups to keep the file moving.

Ready to Own Your Home?

Get a personalised Home Loan offer from 50+ banks in minutes. No paperwork upfront, no cost to compare.

Get My Offer → +91 98710 01985
Rate card last updated 26 Aug 2026 · Info@mahadevx.in

Home Loan from Rs 5 Lakh to Rs 30 Crore – Compare Interest Rates from 50+ Banks & Housing Finance Companies. Approved faster with MahadevX-negotiated rates as low as 7.10% p.a.

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