Compare Home Loan Interest Rate Offered by Various Banks & HFCs in Vijayawada
Name of Lender | Loans Up to Rs. 30 Lakh | Loans Above Rs. 30 Lakh to Rs. 75 Lakh | Loans Above Rs. 75 Lakh | |
State Bank of India | 7.50%-8.70% p.a. | 7.50%-8.70% p.a. | 7.50%-8.70% p.a. | Check Eligibility |
HDFC Bank Limited | 8.15% p.a. onwards | 8.15% p.a. onwards | 8.15% p.a. onwards | Check Eligibility |
Bajaj Housing Finance | 7.49% p.a. onwards | 7.49% p.a. onwards | 7.49% p.a. onwards | Check Eligibility |
ICICI Bank | 8.00% p.a. onwards | 8.00% p.a. onwards | 8.00% p.a. onwards | Check Eligibility |
Axis Bank | 8.35%-11.90% p.a. | 8.35%-11.90% p.a. | 8.35%-11.90% p.a. | Check Eligibility |
Federal Bank | 9.15% p.a. onwards | 9.15% p.a. onwards | 9.15% p.a. onwards | Check Eligibility |
Punjab National Bank | 7.55% - 9.35% p.a. | 7.50% - 9.25% p.a. | 7.50% - 9.25% p.a. | Check Eligibility |
Kotak Mahindra Bank | 8.20% p.a. onwards | 8.20% p.a. onwards | 8.20% p.a. onwards | Check Eligibility |
Canara Bank | 7.50%-10.25% p.a. | 7.45% – 10.25% p.a. | 7.40% – 10.15% 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 | 7.75% p.a. onwards | 7.75% p.a. onwards | 7.75% p.a. onwards | Check Eligibility |
RBL Bank | 8.20% p.a. onwards | 8.20% p.a. onwards | 8.20% p.a. onwards | Check Eligibility |
Tata Capital Housing Finance | 7.99% p.a. onwards | 7.99% p.a. onwards | 7.99% p.a. onwards | Check Eligibility |
PNB Housing Finance | 8.25% - 11.50% p.a. | 8.25% - 11.50% p.a. | 8.25%-12.35% p.a. | Check Eligibility |
Sammaan Capital (Formerly known as Indiabulls Housing Finance) | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Check Eligibility |
India Shelter Home Loan | 10.00% - 24.00% p.a. | 10.00% - 24.00% p.a. | 10.00% - 24.00% p.a. | 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% p.a. onwards | 8.55% p.a. onwards | 8.55% p.a. onwards | Check Eligibility |
Home First Finance | 11.90% - 15.00% p.a. | 11.90% - 15.00% p.a. | 11.90% - 15.00% p.a. | Check Eligibility |
Easy Home Finance | 8.99% - 18.00% p.a. | 8.99% - 18.00% p.a. | 8.99% - 18.00% p.a. | Check Eligibility |
Piramal Capital Housing Finance | 9.50% p.a. onwards | 9.50% p.a. onwards | 9.50% p.a. onwards | Check Eligibility |
Note: Interest rates as of 7 July 2025

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Features of Home Loans offered in Vijayawada
- The home loan interest rates provided by banks, HFCs and NBFCs in Vijayawada start from 7.25% p.a. for loan tenures of up to 30 years.
- Lenders offering home loans in Vijayawada can set the loan to value (LTV) ratios of their housing loans for up to 90% of the mortgaged property’s value. The final LTV ratios set by home loan lenders in the Vijayawada region would depend on the sanctioned loan amount. The home loan amounts and their corresponding LTV ratio limit set by the RBI are as follows:
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 borrowers of housing loans can make use of the home loan balance transfer facility and move their ongoing loan to another bank, HFC or NBFC at lower interest rates. Home loan lenders also provide home loan top up to their existing home loan borrowers, which helps them procure funds to take care of their various immediate and long term personal/business expenses or for carrying out home repairs, innovation, extensions, etc.
- Home loan lenders in Vijayawada also offer pre-approved home loans to select their existing customers. Such pre-approved home loan offers are usually offered on the basis of the applicants’ credit profiles.
- Lenders offering home loan at floating interest rates cannot levy home loan prepayment fees, according to the rules set on home loan prepayment by the RBI. However, banks/HFCs/NBFCs offering home loans can charge prepayment fees on home loans with fixed interest rates. Lenders also have the discretion to waive off the prepayment fees on fixed interest home loans.

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Minimum Income Requirements for availing Home Loans in Vijayawada
Banks, HFCs and NBFCs usually offer home loans in Vijayawada to salaried individuals with monthly incomes of at least Rs 10,000 and self-employed individuals with annual incomes starting from Rs 1 lakh.
Eligibility Criteria of Home Loans in Vijayawada
Some of the key home loan eligibility criterion for lenders offering home loans in Vijayawada are as follows:
Job Profile
Loan applicants eligible for availing home loans in Vijayawada usually include salaried individuals (working in public/private sector units and govt. agencies) and self-employed applicants (like accountants, lawyers, doctors, architects, contractors, traders, etc.).
Age
Banks, HFCs and NBFCs operating in Vijayawada usually provide loans to applicants aged 18 years and above while stipulating that borrowers should repay the entire loan amount till they reach 70 years of age.
Nationality
Banks, HFCs and NBFCs usually offer home loans to resident Indians with some lenders also considering loan applicants including NRI, PIO and OCI applicants.
Credit Score
Lenders offering home loans in Vijayawada usually prefer loan applicants with CIBIL/credit scores of 730 and above. Therefore, such home loan applicants are more likely to avail housing loans at lower interest rates.
Work Experience
Home loan lenders operating in Vijayawada prefer salaried individuals with at least 2 years work experience and self employed applicants with business continuity of minimum 2 years.

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Documents Required for Home Loans in Vijayawada
Loan applicants availing home loans in Vijayawada usually have to submit the following home loan documents:
For Salaried Applicants
- KYC documents: Driving licence, passport, PAN card, voter ID, Aadhaar Card, etc.
- Proof of Employment: Appointment letter, letter of promotion/increment, employment contract, etc.
- Income proof: Form 16, Last 3 month salary certificates, last 6 months bank statement showing salary credits, etc.
- Bank statements showing repayment of any ongoing loans
- Property related documents
- Processing fee cheque in favour of the home loan lender
- Proof of own contribution
Additional Documents for Self-Employed Applicants
- Balance sheet and P&L account of last 3 years attested by a chartered accountant (CA)
- Last 3 years ITR with income calculation
- Savings account statement of loan applicant & current account statement of the business entity of last 6 months
- Business address proof
- Business profile of the home loan applicant
- Latest form 26AS
Note: The documents required for availing home loans by banks/HFCs/NBFCs may also include additional documents, apart from the ones mentioned above, based on the profile of loan applicants.

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