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CredBuddha makes getting a home loan easy and convenient. Whether you’re a first-time buyer or upgrading, we’ve got you covered. • Flexible Repayment: Choose a plan that suits your age and financial situation. • Compare Rates: Easily find the best interest rates starting at just 11.99% p.a. with low EMIs. • Quick Application: Apply online in minutes and get offers from top lenders. • Wide Range of Options: Access loans from leading banks and NBFCs. Ready to get started? Apply now and find the best home loan for your needs with CredBuddha!
Explore our curated list of top banks and NBFCs to find the best home loan interest rates and choose your desired loan amount.
| NBFC | Interest Rate (p.a.) | Processing Fee |
|---|---|---|
| Muthoot Finance | 14% onwards | Up to 3.5% |
| Bank | Interest Rate (p.a.) | Loan Tenure | Processing Fee |
|---|---|---|---|
| HDFC Bank | 10.50% - 21.00% | 12 - 60 months | Up to 2.5% |
For salaried employees and self-employed individuals, standard identification, residence, and income proofs are needed.
A home loan is a financing option provided by banks or financial institutions to help you purchase or build a house. The loan amount is repaid with interest over a set period through monthly installments.
You can apply online by filling out a simple application form on our website. Once you submit the required details, we’ll match you with the best loan offers from our partner lenders.
Eligibility typically depends on factors like your income, credit score, age, employment status, and the value of the property you wish to buy. Each lender may have specific requirements.
The loan amount you can borrow usually depends on your income, repayment capacity, and the property’s value. Lenders often provide up to 80%-90% of the property’s value as a loan.
Commonly required documents include proof of identity, address, income (salary slips, bank statements, or tax returns), and property-related documents. Some lenders may ask for additional documents.
Interest rates vary by lender and can be fixed or floating. Rates typically start from around 11.99% p.a. Compare different rates on our platform to find the best option for you.
EMIs (Equated Monthly Installments) are the monthly payments you make to repay your home loan. They include both the principal amount and interest. You can use an EMI calculator to estimate your monthly payments based on the loan amount, tenure, and interest rate.
Yes, some lenders offer home loans to individuals with lower credit scores, but the interest rates may be higher. Improving your credit score can help you secure better terms.
A pre-approved home loan is a loan that a lender approves based on your financial profile before you finalize the property. It helps you understand how much you can borrow and can speed up the home-buying process.
Yes, most lenders allow you to prepay or foreclose your home loan. Some may charge a prepayment or foreclosure fee, especially for fixed-rate loans. Check with your lender for specific terms and conditions.
You can check the status of your application through your CredBuddha account on our website or by contacting the lender directly.
Absolutely. We use advanced security measures to protect your personal and financial information. We also adhere to strict privacy policies and comply with relevant data protection regulations.
Home loan tenures typically range from 5 to 30 years. Longer tenures result in lower EMIs but higher total interest payments. Choose a tenure that balances your monthly budget and total interest cost.
Processing fees vary by lender and are usually a percentage of the loan amount. These fees cover the administrative costs of processing your loan application. They are typically between 0.5% to 2% of the loan amount.
A floating interest rate changes over time based on market conditions or a reference rate. Your EMI may increase or decrease depending on the fluctuations in the interest rate.
Missing an EMI payment can attract late fees and negatively impact your credit score. It’s important to contact your lender immediately to discuss options if you’re unable to make a payment.
Yes, many lenders offer home loans to Non-Resident Indians (NRIs). The eligibility criteria and documentation requirements may vary, so it’s best to check the specific terms with the lender.
