The Rs. 10 lakh home loan interest rate starts at 7.10% p.a. However, the final interest rate will depend on other factors such as the credit score of the applicant, loan amount, LTV ratio, employer’s profile, etc.
Home Loan of Rs 10 lakh
When opting for a home loan of Rs. 10 lakh, it is pertinent to browse through multiple offers and select the one best suited for your finances. Key factors such as loan tenure, credit score, LTV ratio, and EMI affordability should be considered when making a decision. At Paisabazaar, you can explore multiple Rs. 10 lakh home loan offers from top lenders at competitive 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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Paisabazaar Exclusive Benefits
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

Home Loan EMI Calculator
Your Monthly EMI Payment
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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.
Rs. 10 Lakh Home Loan: Interest Rates
Rs. 10 Lakh Home Loan EMI for 10 Years
| Lender’s Name | Interest Rate (% p.a.) | EMI |
|---|---|---|
| SBI | 7.50– 8.70 | Rs 11,870 – Rs 12,506 |
| HDFC Bank | 7.90 onwards | Rs 12,080 onwards |
| ICICI Bank | 8.00 onwards | Rs 12,133 onwards |
| Bank of Baroda | 7.45 onwards | Rs 11,844 onwards |
| Union Bank of India | 7.35 onwards | Rs 11,792 onwards |
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Rs. 10 Lakh Home Loan EMI for 20 Year Tenure
| Lender’s Name | Interest Rate (% p.a.) | EMI |
|---|---|---|
| SBI | 7.50– 8.70 | Rs 8,056 – Rs 8,805 |
| HDFC | 7.90 onwards | Rs 8,302 onwards |
| ICICI Bank | 8.00 onwards | Rs 8,364 onwards |
| Bank of Baroda | 7.45 onwards | Rs 8,025 onwards |
| Union Bank of India | 7.35 onwards | Rs 7,964 onwards |
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Rs. 10 Lakh Home Loan EMI for 30 Year Tenure
| Lender’s Name | Interest Rate (% p.a.) | EMI |
|---|---|---|
| SBI | 7.50– 8.70 | Rs 6,992 – Rs 7,831 |
| HDFC | 7.90 onwards | Rs 7,268 onwards |
| ICICI Bank | 8.00 onwards | Rs 7,338 onwards |
| Bank of Baroda | 7.45 onwards | Rs 6,958 onwards |
| Union Bank of India | 7.35 onwards | Rs 6,890 onwards |
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Rs. 10 lakh Home Loan Eligibility Criteria
The Rs. 10 lakh home loan eligibility criteria may differ across multiple lenders. However, home loan applicants are usually required to fulfill some of the following conditions for availing home loans:
Eligible Profiles: Most lenders offer home loans to salaried and self-employed Indian residents. Some also provide NRI home loans to NRIs and PIOs.
Age Criteria: Applicants must be at least 18 years old. Lenders typically require the loan to be fully repaid by the age of 70.
Credit Score Requirement: A credit score of 750 or above is preferred, as it reflects financial discipline and may qualify borrowers for lower interest rates.
Improving Eligibility: Applicants can boost their eligibility for home loan of Rs. 10 lakh by adding earning family members as co-borrowers
Apart from the criterion mentioned above, lenders might also consider their applicant’s monthly income, occupation and employer profile, age of the property, liabilities, assets, etc. while ascertaining their home loan eligibility.
Documents Required For Rs. 10 Lakh Home Loan
Loan applicants usually submit multiple documents while applying for home loans. Some of the home loan documents usually required by lenders are mentioned below:
Loan applicants must note that the above home loan document list is not exhaustive,as banks/HFCs may ask their applicants to furnish additional documents for a home loan of Rs. 10 lakh based on the loan applicants’ profile.
Why Choose Paisabazaar as Your Home Loan Partner
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.
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