Home Loan in India
A home loan is the largest financial commitment most Indians ever make. This hub explains how home loans work, current interest rates, tax benefits under Sections 24 and 80C, and the eligibility bar at the country's biggest lenders.
Last updated: 15 June 2025
Guides & explainers
Decision
Best home loan banks
Ranked list of the top 5 banks for home loans.
Rates
Home loan interest rates
Rate map across SBI, HDFC, ICICI, PNB and more.
Basics
What is a home loan?
Basics of principal, interest, and tenure.
Basics
Fixed vs floating interest rate
Which one saves more over a 20-year loan?
Eligibility
Home loan eligibility
Age, income, and property criteria.
Tax
Home loan tax benefits
Sections 80C, 24(b), and 80EEA explained.
Process
Home loan balance transfer
When it saves and how the process works.
Top providers
Related calculators
Comparisons
What to expect on rates in 2025
Home-loan rates in India move with the RBI repo rate. As of mid-2025, most public-sector banks offer floating home loans in the 8.35% to 9.00% band. Private banks tend to price 25 to 50 basis points higher. Credit score, loan-to-value ratio, and salary account all move the exact rate you're offered.
Typical loan structure
| Parameter | Range |
|---|---|
| Loan-to-value (LTV) | Up to 90% (loans below ₹30 lakh) |
| Tenure | Up to 30 years |
| Interest rate | 8.35% to 10% p.a. |
| Processing fee | 0.35% to 1% (often waived) |