Home Loans in Chennai

Home loans in Chennai are offered @ 7.10% p.a. onwards for loan amounts of up to 90% of property value...

Home loans in Chennai are offered @ 7.10% p.a. onwards for loan amounts of up to 90% of property value and tenures of up to 30 years. Some banks and Housing Finance Companies (HFCs) offer special schemes for affordable housing and those lacking formal income documents. Many lenders also offer home loan balance transfer facility to existing home loan borrowers of other banks/HFCs at lower interest rates.

Competitive Interest Rates

Starting 7.10% p.a.

Handpicked Home Loan Offers

Offers from 25+ Banks & HFCs

Dedicated Customer Support

Expert Assistance at Every Step

Transfer Balance & Get a Top-Up Easily

Additional Funds when Required

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15.5L Reviews

5.7cr+Satisfied Customers

65+Lending Partners

₹65k Cr+Loans Disbursed

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Lowest interest rates starting from 7.1%

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Google Play Store

4.5_/5

15.5L Reviews

5.7cr+Satisfied Customers

65+Lending Partners

₹65k Cr+Loans Disbursed

Competitive Interest Rates

Starting 7.10% p.a.

Handpicked Home Loan Offers

Offers from 25+ Banks & HFCs

Dedicated Customer Support

Expert Assistance at Every Step

Transfer Balance & Get a Top-Up Easily

Additional Funds when Required

Find Best Home Loan Offers

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HDFC Bank

Min Loan Amt. ₹15L

Rate of Interest7.2% - 13.2%

Tenure uptoUpto 30 Years

Processing Fee₹ 10,000

ICICI Bank

Min Loan Amt. ₹15L

Rate of Interest7.65% - 9.80%

Tenure uptoUpto 30 Years

Processing Fee₹ 10,000

Axis Bank

Min Loan Amt. ₹30L

Rate of Interest8.35% - 11.90%

Tenure uptoUpto 30 Years

Processing Fee₹ 14,000

Why Choose Paisabazaar?

Compare & Choose the Best Offer

Curated Offers from Multiple Lenders

Highest Loan Approval Chances

Easy & Transparent Borrowing Process

How Can I Apply for a Home Loan Online?

Get up to ₹5 Crore in 5 Simple Steps

Step 1: Enter your mobile number in the application form.

Step 2: Verify using the OTP sent to your mobile number.

Step 3: Enter details related to your loan requirements.

Step 4: Provide your personal and employment details.

Step 5: Compare offers and apply for the best-suited loan.

Home Loan Features in Chennai

Home loans in Chennai can be availed at interest rates from 7.35% p.a. onwards
Tenure can go up to 30 years
Loan amount can go up to 90% of the property value
Pre-approved home loans are offered to select existing customers having good credit profile
No pre-payment or foreclosure charges are levied on floating rate home loans
Top-up home loans are offered to existing home loan borrowers to meet their business/personal requirements or carrying out renovation, improvement, extension, etc to their properties
Home loan balance transfer are offered to existing home loan borrowers of other lenders at lower home loan rates
Home Loan overdraft facility is also offered to the home loan applicants to help their reduce their interest cost while retaining liquidity

Income Requirements of Home Loan in Chennai Minimum monthly income requirement- Rs 15,000; can be higher for some lenders.

Eligibility Criteria of Home Loans in Chennai

Age- 21 years at the time of loan application
At least 3 years of work experience for both salaried and self-employed
Applicant should be Indian national, PIO, NRI. Some lenders also offer special home loan schemes branded as NRI Home Loans to their NRI/PIO applicants.
Credit Scores of 730 and above increase chances of availing home loans and at lower interest rates
Job profile of the applicant: Salaried applicants working Government, PSUs and corporate sectors; Self-Employed Non-Professionals such as contractor, trader, commission agent, etc; Self-Employed Professionals such as Doctors, CS, lawyers, CA, architect, consultant, engineer, etc

Documents Required for Home Loans in Chennai

For Salaried Applicants

KYC documents: PAN card, passport, voter ID, Aadhaar card, driving license
Employment contract/appointment letter if the job is less than a year old
Income Proof: Salary slips for last 3 months, Bank statement for past 6 months with salary credits, ITR/Form-16
Own contribution proof
Property documents
Bank statement showing loan repayment history
Processing fee cheque

Additional Documents for Self-Employed Applicants

Current account statement of business entity
Business profile
Recent Form 26AS
Income Proof: ITR with income computation for past 3 years
Balance sheet and profit & loss account statement for last 3 years
Savings account statement of individual for past 6 months
Memorandum and Articles of Association of the company

Get a Home Loan For
Your Dream Home

How Can I Apply for a Home Loan Online?

Get up to ₹5 Crore in 5 Simple Steps

Step 1: Enter your mobile number in the application form.

Step 2: Verify using the OTP sent to your mobile number.

Step 3: Enter details related to your loan requirements.

Step 4: Provide your personal and employment details.

Step 5: Compare offers and apply for the best-suited loan.

Explore Our Home Loan Lenders

Get a Home Loan For
Your Dream Home

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What our customers say

Time saving process

Office ke chalte jyada samay nahi nikal pata tha. Paisabazaar ke online process ki wajah se na hi mene banks ke rates compare karliye ghar bathe balki mera loan application aur disbursal bhi ghar bathe hi ho gaya...bank jana hi nahi pada...

Pradeep SinghJan 7, 2026

Kam rates pe loan mila

Paisabazaar se mujhe bahut kam rate pe loan mil gaya...isse mere budget pe jada asar nahi pada aur jald hi mera apna ghar ho jayega..

Nidhi SharmaJan 6, 2026

eligibility check ho jati hai free

me home loan lene ka soch raha tha uske liye mene pehle paisabazaar app se free me apni eligibility check ki..usse mujhe pata chala muje kya cheeze improve karni hai aur fir mera loan jaldi approve ho gaya.

Shikhar SahuJan 5, 2026

Home loan mila yaahaan par

Mujhe home loan chahiye tha aur yahaan par sahayta kiya inhone aur loan mila. Pehla loan tha mera lekin sab ache se ho gaya.

Prem Prakash PandeyDec 7, 2025

Home loan here

I took home loan here and they helped me in every step specially in collecting and submitting documents at the time of approval.

Chandan SinghDec 1, 2025

Got the best home loan interest rate

I was confused and did not have so much time to carry out all the research, so I logged in to Paisabazaar’s portal and was able to see the home loan options I was eligible for. With the assistance of Paisabazaar’s experts, I was able to find the home loan that offered the rate of interest I could afford. Thank you Paisabazaar!

Anu BhatnagarSep 10, 2021

Excellent Home Loan Service by Paisabazaar

Ended up taking an ICICI Home Loan and I think it was one of the best decisions I ever made. I thank Paisabazaar for helping me out and answering my questions with so much patience.

KJ ThomasSep 10, 2021

Had a great experience with Paisabazaar

I have always heard my friends talking about how tedious it was for them to avail a home loan and decide the most suitable option. But with the help of Paisabazaar, I was able to compare several home loans and opt for the one that suited my needs. I am happy that I considered Paisabazaar for helping me.

Ritesh SharmaSep 10, 2021

quick and easy home loan process

I had never thought that applying for a home loan could be so easy. The entire process was online and I didn’t have to go anywhere for application or documentation of my home loan. Paisabazaar experts helped me navigate through the process and later the bank collected my documents and everything was quick and seamless.

Rupanjali MishraSep 3, 2021

Satisfied experience with Paisabazaar

I am satisfied with my home loan experience with Paisabazaar. I could easily compare different home loan options and apply for the home loan. Their customer care team also called me to confirm all the details and soon after the bank contacted to take the process forward. The process was really smooth.

Soumil KhannaSep 3, 2021

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