Compare Best Home Loans &
Save Lakhs in Interest
Lowest sovereign rates starting at 7.15% p.a. • Up to 90% property funding with tenures extending up to 30–32 years. Enjoy 5 bps women co-owner rebate, zero prepayment penalties, and doorstep legal verification.
Repo-linked EBLR
Property LTV limit
Lowest monthly EMI
5 bps concession
Compare across India's leading RBI-regulated Banks & Housing Finance NBFCs
Home Loan EMI & Balance Transfer Calculator
Calculate your exact monthly outflow or discover how much money you can save by transferring your current home loan to India's lowest interest rates.
Effective EMI: ₹790 per ₹1 Lakh
Compare Top Home Loan Interest Rates & Fees
Compare verified interest rates, starting EMI per lakh (20 vs 30 years), maximum property funding (LTV), and overdraft facilities across all 13 lenders.
| Bank / Institution | Interest Rate | EMI / Lakh (20Y) | EMI / Lakh (30Y) | Max LTV | Overdraft Scheme | Action |
|---|---|---|---|---|---|---|
 LIC Housing FinanceBest for High Age & Informal Income HFC • Min CIBIL 700+ | 7.15% - 8.40% p.a.EBLR Repo Linked | ₹784/ month | ₹675/ month | Up to 90%RBI Guideline | Standard Loan | |
 Canara Bank Housing LoanLowest Processing Fee PSU • Min CIBIL 710+ | 7.15% - 8.25% p.a.EBLR Repo Linked | ₹784/ month | ₹675/ month | Up to 90%RBI Guideline | Standard Loan | |
 Punjab National Bank (PNB)Defense & Govt Favorite PSU • Min CIBIL 710+ | 7.15% - 8.35% p.a.EBLR Repo Linked | ₹784/ month | ₹675/ month | Up to 90%RBI Guideline | PNB Max-Saver | |
 HDFC Bank Home LoanPopular Choice PRIVATE • Min CIBIL 730+ | 7.20% - 8.50% p.a.EBLR Repo Linked | ₹787/ month | ₹679/ month | Up to 90% (as per RBI guidelines)RBI Guideline | HDFC Home Loan Overdraft | |
Bajaj Housing Finance32 Years Extended Tenure HFC • Min CIBIL 750+ | 7.20% - 8.90% p.a.EBLR Repo Linked | ₹787/ month | ₹679/ month | Up to 90%RBI Guideline | Standard Loan | |
 Bank of Baroda Home LoanLowest PSU Rate PSU • Min CIBIL 700+ | 7.20% - 8.65% p.a.EBLR Repo Linked | ₹787/ month | ₹679/ month | Up to 90%RBI Guideline | Baroda Home Loan Advantage |
LIC Housing Finance
Canara Bank Housing Loan
Punjab National Bank (PNB)
HDFC Bank Home Loan
Bajaj Housing Finance
Bank of Baroda Home Loan
How Grofi Home Loan Disbursal Works
From initial rate comparison to doorstep legal clearance and direct seller disbursal—transparent, end-to-end guidance.
Compare & Get In-Principle Sanction
Select your preferred bank from 13+ options. Check your loan eligibility & preliminary sanction limit within 2 minutes via a soft credit inquiry.
Property Technical Valuation
Bank-empanelled civil engineers perform doorstep property inspection, carpet area verification, and fair market valuation.
Legal Title Verification
Senior advocates conduct a 30-year chain-of-title search, verifying non-encumbrance, approved layout plans, and RERA registration.
Sanction Letter & MODT Signing
Receive your formal sanction letter with customized interest rate and overdraft terms. Sign the digital loan agreement & MODT.
Direct Disbursal to Seller
Sanctioned loan amount is disbursed directly to the property builder/seller via RTGS or pay-order, completing your home purchase.
Ready to Buy Your Dream Home?
Get matched with India's lowest home loan interest rates starting from 7.15% p.a. with zero obligation.
How to Save Up to ₹7 Lakhs on Income Tax
Learn how Section 24(b), Section 80C, and joint ownership significantly cut your annual income tax liability under the Old Tax Regime.
Interest Repayment Deduction
Claim deduction on interest paid towards home loan for self-occupied property. For let-out properties, the entire interest can be set off up to ₹2 Lakhs loss from house property.
Principal Repayment & Stamp Duty
Deduct the principal amount repaid towards your housing loan. Additionally, registration fees and stamp duty expenses incurred in the year of purchase qualify under this bracket.
Affordable Housing Additional Deduction
First-time home buyers purchasing an affordable property (stamp value ≤ ₹45 Lakhs) get an additional ₹1.5L interest rebate over and above Section 24(b).
Double Deductions for Co-Borrowers
When husband and wife or parent and child apply as co-owners and co-borrowers, both can claim individual deductions under Section 24(b) and 80C separately.
Tax Savings Estimator
Direct cash relief into your bank account under the Old Tax Regime
Tip: Co-owning the property with a spouse gives each borrower independent deduction limits, cutting family taxes by up to ₹2.1+ Lakhs every year.
Frequently Asked Questions
Clear, expert answers on repo-linked EBLR rates, overdraft interest savings, tax deductions, and balance transfers.
External Benchmark Lending Rate (EBLR) is an RBI-mandated framework for all floating-rate housing loans from scheduled commercial banks. The interest rate is tied directly to the RBI Repo Rate plus an operating spread and credit-risk premium.
Whenever the RBI cuts the repo rate, banks are legally mandated to pass on the rate cut to your home loan within 3 months, ensuring you don't stay locked into outdated high rates.
All partner banks featured on Grofi (SBI, HDFC, ICICI, BoB, Kotak) benchmark floating housing loans against RBI EBLR with transparent resets.
RBI-Regulated Lenders Only
All housing partners on Grofi are licensed Scheduled Commercial Banks or NHB/RBI-governed Housing Finance Companies.
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Your data is encrypted end-to-end and shared solely with your selected lender via RBI Account Aggregator protocol.
100% Free to Borrowers
Zero markups, zero hidden advisory fees, and zero impact on your CIBIL score during pre-qualification.
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