Home Loan in Kolkata

Compare Home Loan Interest Rate Offered by Various Banks & HFCs in Kolkata

Name of Lender	Loans Up to Rs. 30 Lakh	Loans Above Rs. 30 Lakh to Rs. 75 Lakh	Loans Above Rs. 75 Lakh
SBI	8.00%-9.15% p.a.	8.00%-9.15% p.a.	8.00%-9.15% p.a.	Check Eligibility
HDFC Bank Limited	8.50% p.a. onwards	8.50% p.a. onwards	8.50% p.a. onwards	Check Eligibility
Bajaj Housing Finance	7.99%-17.00%	7.99%-17.00%	7.99%-17.00%	Check Eligibility
ICICI Bank	8.75% p.a. onwards	8.75% p.a. onwards	8.75% p.a. onwards	Check Eligibility
Axis Bank	8.75%-12.80% p.a.	8.75%-12.80% p.a.	8.75%-9.65% p.a.	Check Eligibility
Federal Bank	8.80% p.a. onwards	8.80% p.a. onwards	8.80% p.a. onwards	Check Eligibility
Punjab National Bank	8.05% - 9.85% p.a.	8.00% - 9.75% p.a.	8.00% - 9.75% p.a.	Check Eligibility
Kotak Mahindra Bank	8.65% p.a. onwards	8.65% p.a. onwards	8.65% p.a. onwards	Check Eligibility
Bank of Baroda	8.00% - 9.65% p.a.	8.00% - 9.65% p.a.	8.00% - 9.90% p.a.	Check Eligibility
Canara Bank	8.00% – 10.75% p.a.	7.95% – 10.75% p.a.	7.90% – 10.65% p.a.	Check Eligibility
IDFC FIRST Bank	8.85% p.a. onwards	8.85% p.a. onwards	8.85% p.a. onwards	Check Eligibility
IDBI Bank	8.40% p.a. onwards	8.40% p.a. onwards	8.40% p.a. onwards	Check Eligibility
Punjab & Sind Bank	8.30% – 11.50% p.a.	8.30% – 11.50% p.a.	8.30% – 11.50% p.a.	Check Eligibility
RBL Bank	9.00% p.a. onwards	9.00% p.a. onwards	9.00% p.a. onwards	Check Eligibility
LIC Housing Finance	8.00% p.a. onwards	8.00% p.a. onwards	8.00% p.a. onwards	Check Eligibility
Tata Capital Housing Finance	8.75% p.a. onwards	8.75% p.a. onwards	8.75% p.a. onwards	Check Eligibility
PNB Housing Finance	8.50% - 14.50% p.a.	8.50% - 14.50% p.a.	8.50%-11.45% p.a.	Check Eligibility
Sammaan Capital (Formerly known as Indiabulls Housing Finance)	8.75% onwards	8.75% onwards	8.75% onwards	Check Eligibility
Aditya Birla Capital	8.60% onwards	8.60% onwards	8.60% onwards	Check Eligibility
India Shelter Home Loan	11.59% onwards	11.59% onwards	11.59% onwards	Check Eligibility
L&T Finance Limited	8.65% p.a. onwards	8.65% p.a. onwards	8.65% p.a. onwards	Check Eligibility
Godrej Housing Finance	8.55% onwards	8.55% onwards	8.55% onwards	Check Eligibility
Home First Finance	11.90% onwards	11.90% onwards	11.90% onwards	Check Eligibility
Easy Home Finance	8.95% onwards	8.95% onwards	8.95% onwards	Check Eligibility
Piramal Capital Housing Finance	9.50% onwards	9.50% onwards	9.50% onwards	Check Eligibility
Cholamandalam Investment and Finance	10.50% onwards	10.50% onwards	10.50% onwards	Check Eligibility

Note: Last Updated on 21 February 2025 

Home Loan Features

• Interest rates start usually @ 8.10% p.a. onwards
• Tenures are flexible mostly up to 30 years
• Loan amount is up to 90% of property cost
• Pradhan Mantri Awas Yojna, a special home loan scheme for EWS, LIG, MIG-I and MIG-II with credit linked interest subsidy of up to Rs 2.76 lakh
• Pre-payment charges: NIL
• Pre-approved instant home loans offered to select customers
• Top-up home loans offered to existing home loan borrowers for fulfilling their personal financial requirements
• Home loan balance transfer facility to existing home loan borrowers of other banks/HFCs at lower interest rates
• Home loan overdraft facility to save interest costs and for higher liquidity

Income Requirements: Minimum monthly income required is Rs 15,000 for salaried applicants. However, it can be higher for some banks/HFCs

Also Check: Home Loan Interest Rates

Eligibility Criteria of Home Loans in Kolkata

• The home loan applicant should be an NRI, Indian Resident or PIO. Some lenders also offer special home loan scheme to NRI/PIO applicants, branded as NRI Home Loan.
• Minimum Age of the applicant should be 21 years; maximum age should be up to 70 years (at the time of loan maturity)
• Job Profile: Salaried (government and corporate employees)/Self-Employed Professional (Doctors, CS, architect, lawyers, CA, consultant, engineer)/Self-Employed Non-Professional (contractor, trader, commission agent)
• Salaried and self-employed applicants should have a minimum work experience of 3 years
• CIBIL/Credit score should be 750 and above for increased chances of availing home loan and at lower interest rates

Documents Required for Home Loans in Kolkata

For Salaried Applicants

• KYC documents: PAN card, passport, voter ID, Aadhaar card, driving license
• Income Proof: Salary slips for last 3 months, Bank statement for past 6 months with salary credits, ITR/Form-16
• Employment contract
• Bank statement showing repayment history
• Property documents
• Own contribution proof
• Processing fee cheque

Additional Documents for Self-Employed Applicants

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

Also Check Home Loan EMI Calculator