Home loans in Siliguri

Compare Home Loan Interest Rates Offered by Various Banks & HFCs in Siliguri

Name of Lender	Loans of Up to Rs. 30 Lakh
Bank of India	7.10% p.a. onwards	Check Eligibility
State Bank of India	7.25% p.a. onwards	Check Eligibility
Punjab National Bank	7.20% p.a. onwards	Check Eligibility
Canara Bank	7.15% p.a. onwards	Check Eligibility
HDFC Bank	7.90% p.a. onwards	Check Eligibility
Bajaj Housing Finance	7.40% p.a. onwards	Check Eligibility
ICICI Bank	7.65% p.a. onwards	Check Eligibility
Axis Bank	*8.25% p.a. onwards	Check Eligibility
Federal Bank	*7.90% p.a. onwards	Check Eligibility
Kotak Mahindra Bank	7.70% p.a. onwards	Check Eligibility
IDFC FIRST Bank	8.85% p.a. onwards	Check Eligibility
IDBI Bank	7.35% p.a. onwards	Check Eligibility
RBL Bank	8.20% p.a. onwards	Check Eligibility
Tata Capital Housing Finance	7.75% p.a. onwards	Check Eligibility
PNB Housing Finance	*7.20% p.a. onwards	Check Eligibility
Sammaan Capital (Formerly known as Indiabulls Housing Finance)	8.75% p.a. onwards	Check Eligibility
India Shelter Home Loan	8.43% p.a. onwards	Check Eligibility
L&T Finance Limited	*8.40% p.a. onwards	Check Eligibility
Godrej Housing Finance	7.75% p.a. onwards	Check Eligibility
Home First Finance	8.00% p.a. onwards	Check Eligibility
Easy Home Finance	8.99% p.a. onwards	Check Eligibility
Piramal Capital Housing Finance	*8.25% p.a. onwards	Check Eligibility
Shubham Housing Finance	10.45% p.a. onwards	Check Eligibility
Punjab & Sind Bank	7.30% p.a. onwards	Check Eligibility
Jio Housing Finance	8.20% p.a. onwards	Check Eligibility
HDFC Sales Pvt Ltd	7.90% p.a. onwards	Check Eligibility

Note: Interest rates as of 8 September 2025

Features of Home Loans offered in Siliguri

• Banks, HFCs and NBFCs offer home loan interest rates starting from 7.35% p.a. for loan tenures of up to 30 years.
• The loan to value (LTV) ratio for housing loans provided by home loan lenders can go up to 90% of property value. Lenders offering home loans in Siliguri set the final LTV ratio for their loan applicants based on the sanctioned home loan amounts. The breakup of home loan amounts and their corresponding LTV ratio are given below:

Home Loan Amount	Home Loan LTV Ratio
Up to Rs 30 lakh	Up to 90% of total cost of property
Above Rs 30 lakh and up to Rs 75 lakh	Up to 80% of total cost of property
Above Rs 75 lakh	Up to 75% of total cost of property

• Existing home loan borrowers can transfer their ongoing home loan to another lender at lower rates of interest using the home loan balance transfer Home loan lenders also provide top-up facility on their home loans for their existing customers for personal/professional purposes.
• Home loan lenders in Siliguri also offer pre-approved home loans to select existing customers. Lenders offer pre-approved home loans based on several factors including their income, occupation profile, credit score, etc.
• According to the guidelines set on home loan prepayments by the RBI, banks, HFCs and NBFCs offering home loans at floating interest rates cannot levy home loan prepayment fees. However, lenders offering fixed interest rates are permitted to charge prepayment fees on home loans. Home loan lenders can also waive off the prepayment charges based on their discretion.

Minimum Income Requirements for availing Home Loans in Siliguri

Lenders offering home loans in Siliguri usually prefer salaried loan applicants with minimum Rs 10,000 as monthly income and self-employed individuals with annual incomes of Rs 1 lakh and above.

Eligibility Criteria of Home Loans in Siliguri

Some of the most important home loan eligibility criteria for lenders offering housing loans in Siliguri are as follows:

Job Profile

Lenders offering home loans in Siliguri usually include both salaried individuals (working in govt. agencies and private/public sector units) and self-employed applicants (like accountants , doctors, lawyers, architects, contractors, traders, etc.) in their home loan eligibility criteria.

Age

Banks, HFCs and NBFCs offering home loans in Siliguri usually prefer loan applicants aged 18 years and above. However, they also mandate that home loan borrowers should repay the loan amount till they reach 70 years of age.

Nationality

Lenders offering home loans in Siliguri usually prefer resident Indians as loan applicants with some lenders also approving NRI, PIO and OCI applicants for availing their home loan schemes.

Credit Score

Home loan lenders in Siliguri usually prefer loan applicants with minimum CIBIL/credit scores of 730. Therefore, such housing loan applicants have higher chances of availing home loans at lower interest rates.

Work Experience

Banks/HFCs/NBFCs offering home loans in Siliguri usually approve loan applications of salaried employees with minimum 2 years of work experience and self-employed individuals with business continuity of at least 2 years.

Documents Required for Home Loans in Siliguri

Some of the main documents required for home loan applicants by lenders offering home loans in Siliguri are as follows:

For Salaried Applicants

• KYC documents: Driving licence, passport, PAN card, birth certificate, voter ID, bank passbook, Aadhaar Card, etc.
• Income proof: Form 16, Last 3 month salary certificates, last 6 months bank statement showing salary credits, etc.
• Proof of Employment: Appointment letter, letter of promotion, employment contract, etc.
• Bank statements showing repayment of any ongoing loans
• Own contribution proof
• Property related documents
• Processing fee cheque favouring the home loan lender

Additional Documents for Self-Employed Applicants

• Last 3 year P&L account and balance sheet duly attested by a CA
• Income tax returns of last 3 years
• Current account statement of the business entity & savings account statement of loan applicant of last 6 months
• Details of business licence
• Business address proof
• Business profile of the home loan applicant
• Latest form 26AS

Note: Lenders may also ask for additional home loan documents, apart from the ones mentioned above, based on the credit profile of their loan applicants.