Home loans, explained before you talk to a bank

A home loan funds the purchase, construction or renovation of a house and is secured against the property itself. Tenures run longer and rates are usually lower than for unsecured loans, and the bank checks the property along with your income.

Check in the app Call +91 90252 75003

Who banks lend to

Salaried and self-employed borrowers with steady, documented income. Banks look at your income, your existing EMIs, your credit history, your age at the end of the tenure, and whether the property clears their legal and technical checks.

How much you can borrow

Banks fund a share of the property value and cap the EMI at a portion of your monthly income after existing EMIs. The exact share, the rate and the final amount are decided by the bank once it has seen your documents and the property papers.

What it costs

Interest is charged on the outstanding balance and repaid in equal monthly instalments. Expect a processing fee, valuation and legal charges, and stamp duty on the loan agreement. Use the EMI calculator to see how amount, rate and tenure change the monthly figure.

Documents the bank usually asks for

Nothing is needed to compare or enquire. The bank asks for these once it picks up your enquiry.

PAN card and Aadhaar
Address proof
Salary slips and bank statements, or ITRs and financials if self-employed
Agreement to sell or allotment letter
Title documents and approved building plan

Home loan plans from our partners

Our banking partners share plans with us as they open them up. Here is where home loan plans appear.

No home loan plan is listed for comparison right now. Open the app to see what is live for your profile, or call our team on +91 90252 75003 and we will check with HDFC Bank, ICICI Bank and Axis Bank for you.

Questions about home loans

Can I see home loan offers in the app?

Matched offers appear when a partner bank has shared a home loan plan that fits your profile. If nothing is listed for you yet, call our team and we will check with our banking partners.

Does checking affect my credit score?

Comparing on Loan Bazzars is a soft check and does not appear as a credit enquiry. The bank runs a hard enquiry only when you take the application forward with them.

Is Loan Bazzars free to use?

Yes. Comparing offers and sending an enquiry costs nothing. Any charges come from the bank, and only if you go ahead with a loan.

What happens after I send an enquiry?

Our team forwards it to the bank and helps you understand which documents are needed. The bank contacts you directly to take the application forward. Approval, rate and disbursal are entirely the bank's decision.

Other loan types

See which offers match you

Five minutes, no documents to start, and your CIBIL score is not touched.

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