Utkarsh Small Finance Bank Home Loan

Utkarsh Small Finance Bank Home Loan Highlights – 2025
Interest Rate	9.50%-15.00% p.a.
Loan Amount	Rs 5 lakh to Rs 5 crore
Loan Tenure	Up to 30 years
Processing Fees	1% of loan amount plus applicable taxes

Note: Interest rates as on 20 June 2025.

Table of Contents Interest Rates Compare Interest Rates offered by other Lenders Fees and Charges Types of Indian Bank Home Loan Eligibility Criteria Documents Required

Utkarsh Small Finance Bank Home Loan Interest Rates

Utkarsh Small Finance Bank Home Loan interest rates range between 9.50% and 15% p.a. Although Utkarsh Small Finance Bank has not specified offering differential interest rates to its home loan applicants based on factors like their credit scores, occupation profile, income, existing loan/credit card obligations (if any), etc., most banks, housing finance companies (HFCs) and non-banking finance companies (NBFCs) set their home loan interest rates based on the factors mentioned above.

Product Type	Interest Rate (p.a.)
Utkarsh Grih Saral	12.50% to 15.00%
Utkarsh Grih Suvidha	10.00% to 14.00%
Utkarsh Grih Unnati	10.00% to 12.00%
Utkarsh Grih Pride	10.00% to 12.00%
Utkarsh Grih Prime	9.50% to 12.00%
Utkarsh Grih Aadhar	12.50% to 15.00%
Utkarsh Grih Sudhar	10.00% to 14.00%

Compare Interest Rates on Home Loans for Top Banks & HFCs

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

Utkarsh Small Finance Bank Home Loan Fees and Charges

Utkarsh Small Finance Bank Home Loan Processing fees

Particulars	Rates
Processing fees	1% of loan amount plus applicable taxes

Utkarsh Small Finance Bank Home Loan Prepayment / Foreclosure charges

Particulars	Rates
Pre Closure / Pre Payment Charges (for loans availed at fixed interest rates)	●     2% plus applicable taxes on the outstanding principal amount of home loans ●     4% plus applicable taxes on the outstanding principal amount of home loan plus (top-up) where end use is not for housing purposes

Other Charges related to Utkarsh Small Finance Bank Home Loans

Particulars	Rates
Legal and Technical Charges	As per actuals
Cheque /NACH/ SI  Bouncing Charges	Rs 500 plus applicable taxes
Penal interest on overdue EMI	2% per month on overdue EMI
List of documents charges	Rs 500 plus applicable taxes
Photocopy of property papers	Rs 500 plus applicable taxes
Duplicate interest and principal certificate issuance charge	Rs 250 plus applicable taxes
Duplicate no dues certificate / NOC issuance charges	Rs 100 plus applicable taxes
Swap charges (cheque/instrument)	Rs 500 per occasion of swapping the ECS mandate / NACH / SI mandate plus applicable taxes
Duplicate statement issuance charges	Rs 250 per instance per set plus applicable taxes
Charges for subsequent set of photocopy of loan agreement/ documents requested by the borrower	Rs 1000 per instance per set plus applicable taxes

Types of Utkarsh Small Finance Bank Home Loans

Utkarsh Grih Saral

Loan amount: Rs 5 lakh to Rs 10 lakh

Loan tenure: Up to 30 years

Utkarsh Grih Suvidha

Loan amount: Rs 10 lakh to Rs 25 lakh

Loan tenure: Up to 30 years

Utkarsh Grih Unnati

Loan amount: Rs 25 lakh to Rs 60 lakh

Loan tenure: Up to 30 years

Utkarsh Grih Pride

Loan amount: Rs 60 lakh to Rs 1 crore

Loan tenure: Up to 30 years

Utkarsh Grih Prime

Loan amount: Rs 1 crore to Rs 5 crore

Loan tenure: Up to 30 years

Utkarsh Grih Aadhar

Purpose: For providing housing loans to existing customers of Utkarsh Small Finance Bank

Loan amount: Rs 2 lakh to Rs 5 lakh

Loan tenure: Up to 30 years

Utkarsh Grih Sudhar

Purpose: For repair/extension of existing home or flat

Loan amount: Rs 2 lakh to Rs 50 lakh

Loan tenure: Up to 20 years

Utkarsh Awas Loan

Purpose: The Utkarsh Awas Loan is extended to loan applicants belonging to low income groups (LIG), middle income groups (MIG) and economically weaker sections (EWS) of the society for the purpose of home purchase, construction, extension and repair. It is a credit linked subsidy scheme (CLSS) of the under the Pradhan Mantri Awas Yojna (PMAY) wherein the borrowers are provided subsidy by the government on the interest component of their home loan

Eligibility:

• Salaried individual with at least 2 years’ work experience and minimum 6 months with current employer
• Self-employed applicant or business person with minimum 2 years in business/profession
• Entry age of loan applicants should be lower than 55 years at the time of making the loan application
• Annual income:
  • For EWS households: Up to Rs 3 lakh
  • For LIG households: Between Rs 3 lakh and up to Rs 6 lakh
  • For MIG households: MIG loans are of 2 categories – MIG I and MIG II. MIG I households are those with annual incomes between Rs 6 lakh and Rs 12 lakh. MIG II households are those with  annual incomes between Rs 12 lakh and Rs 18 lakh
• The beneficiary family comprises husband, wife, unmarried sons and/or unmarried daughters. The family should not own a pucca house (an all-weather dwelling unit) in the name of the beneficiary or any member of his/her family in any part of India

Utkarsh Bank Home Loan Eligibility Criteria

The eligibility criteria for availing Utkarsh Small Finance Bank Home Loan are as follows:

• Salaried individuals with minimum work experience of 3 years and at least 1 year experience with current employer
• Self-employed individuals or business persons with at least 3 years of business persons with at least 3 years of business continuity
• The entry age of home loan applicants should be lower than 60 years (for salaried) & 65 years (for self-employed) at the time of availing the home loans.

Loan applicants should check the home loan eligibility criteria set by top banks/HFCs before making the home loan application.

Utkarsh Bank Home Loan Documents Required

Although Utkarsh Small Finance Bank has not provided the list of home loan documents required while applying for housing loans, banks/HFCs/NBFCs usually require their loan applicants to submit the following documents for availing home loans:

• Proof of Identity (any one): PAN Card, Passport, Driving Licence, Voter’s ID Card, Aadhaar Card, etc.
• Proof of Residence (any one): Ration Card, Bank Passbook, Utility bills (telephone / electricity / water / gas), etc.
• Proof of Age (any one): Aadhaar Card, bank passbook, birth certificate, etc.
• Proof of Income (for salaried): Form 16, IT returns of last 3 years, Promotion/Increment letter, payslip of last 3 months, etc.
• Proof of income (for self-employed): Last 3 year IT Returns, Balance Sheet and P&L account statement of the company/firm duly attested by a Chartered Accountant, professional practice licence (for doctors, consultants, etc.), etc.
• Property documents: Copy of the sale agreement, title deeds of the plot, detailed estimate of house construction by an architect/civil engineer, copy of the plans approved by local authorities, etc.
• Proof of business address
• Other documents: Proof of own contribution, last 6 months’ bank statements showing repayment of ongoing loans (if any), details of ongoing loans of individual/business entity, processing fee cheque in favour of the home loan lender
• Additional documents for self-employed: Latest form 26 AS, business profile, list of directors and shareholders with details of individual shareholding certified by CA / CS (if the business entity is a company)
• Partnership Deed (in case of a partnership firm)
• Articles of Association (AOA) and Memorandum of Association (MOA) of the company

Note: Utkarsh Small Finance Bank may ask for additional home loan documents from its loan applicants based on their discretion.