Home Loan in Mumbai

Check home Loan Interest Rates of All Major Banks of mumbai Instantly
Bank Name
Floating Interest rate
Processing Fee
8.90%
0.5-1% of the loan amount+applicable taxes
IndusInd bank
9.50%
upto 1% of loan amt.
HDFC
8.80% onwards
0.5% of loan amount or Rs 3,000 whichever is higher, plus applicable taxes
8.75%
0.50% of loan amount upto Rs. 50 lakhs, above Rs. 50 Lakhs is 0.25% of loan amount + GST
FULLERTON
9%
3%
Aditya birla
9.00% onwards
Up-to 1% of the loan amount
TATA CAPITAL
8.70%
0.50% of the loan amount
RBL BANK
10.30%
Min. Rs. 5000 of loan amount + applicable GST
Kotak Mahindra Bank
8.35%
upto 1.25% of the loan amount
Federal Bank
8.75% onwards
upto 1% of loan amount
IIFL
9.50%
upto 0.75% of loan amount, or Rs. 3000
8.85%
upto 1% of the Home loan amount subject to a minimum of Rs 10000
BAJAJ
9.05%
upto 2 %
ABOUT HOME LOAN IN MUMBAI

We eye to create a robust alternative credit ecosystem in the country. For this, we are digitizing the finance functions. Anywhere and everywhere – you can Apply for a Home Loan with just a few clicks.

Now, you can compare and make a wise choice for the best Home Loan in mumbai also. We bring forth a myriad of options from best banks and NBFCs for your convenience. It’s simple! Choose your desired product and win amazing assured cash backs up to ₹ 5000 on the disbursal of your loan amount.

Eligibility Criteria for Home Loan in mumbai

No worries for strict eligibility conditions. We tie-up with all the best lenders in the mumbai and help you with flexible eligibility criteria. Salaried/self-employed/professionals – hope you meet the following eligibility parameters.

  • A salaried individual needs to be between 23 to 62 years
  • A self-employed individual needs to be between 25 to 70 years
  • The credit score should be 700+
  • A minimum of 2 year work experience is required for the salaried individual
  • A minimum of 3 year business continuity is required for self-employed people

Documents Required for Home Loan in mumbai –

We leverage existing and emerging technologies to offer you the complete digitalized process. Upload the required documents; it will take a few minutes.

Salaried Class

  • Identity Proof - Aadhaar Card /Voters ID/Passport/Driving License /PAN Card/Photo Credit Card/Photo Identity Card issued by the Govt. of India
  • A recognized public authority or public servant issued letter establishing the identity of the customer (not more than 1 month old)
  • Residential Proof - Leave and License Agreement/Utility Bill (maximum three months old)/Passport/Voter ID Card/Aadhaar Card/Rent Agreement on Stamp Paper/Life Insurance Policy
  • Income Proof – Salary slips for the last three months along with the bank statement showcasing the credited salary. Latest Form 16/ITR
  • Employment Certificate – for the past 1 year
  • Photographs - Two passport size
  • Other Documents – Evidence to support running loans long with repayment bank statement for the past 6 months

For Self-employed

Identity Proof -

  • Aadhaar Card /Voters ID/Passport/Driving License /PAN Card/Photo Credit Card/Photo Identity Card issued by Govt of India

A recognized public authority or public servant issued letter establishing the identity of the customer (not more than 1 month old)

Address Proof for Business Entities –

  • Business Certificate/Trade License Certificate/SSI Registration Certificate/Registration Number issued by ROC

Proof of Income –

  • ITR for the last 2 years
  • Balance Sheet & P&L Account
  • 6 months account statement of business entity and savings account statement of individual

Running Loan & other Documents

  • Evidence to support running loans long with repayment bank statement for the past 6 months
  • Shareholding pattern list (certified by CA/CS)
  • Partnership deed (for partnership companies)

In addition to all the above documents, both salaried and self-employed people need to furnish the following property papers -

  • Copy of property documents
  • Copy of Agreement to sell
  • Buyer Agreement/Allotment Letter
  • Occupancy Certificate (in case of ready to move in property)
  • No Objection Certificate from the builder/society
  • Payments receipt made to the developer

Benefits & features of taking a Business Loan in mumbai

Scale up your business to new heights with a business loan. At mumbai, we have a plethora of options with added benefits. Everything is online – you don’t need to visit the bank.

Get ready to leverage the following benefits –

  1. Instant Approval – Yes. SBI, ICICI, HDFC, India Bulls, IIFL and other players are offering instant paperless approval for housing loan. At Afinoz, the lowest home loan rate is guaranteed because we bring forth best home loan players along with their offers under one roof.
  2. High Eligibility – Within few minutes, we will assess your home loan eligibility and suggest you the best available options in mumbai. Our process is driven by automated technologies, and we help you get low EMI home Loan
  3. Balance Transfer – We will make you pay your EMI easily by reducing your debt amount. Transfer your Home Loan balance to save on money. Some lenders charge fee for a home loan balance transfer.
ABOUT MUMBAI

Mumbai is a city known as the city where dreams are made and fulfilled. The city is famous from the railway platforms to the famous Dabbawalas, multi-millionaires to suburban slums. From the dazzling Bollywood to the quintessential vada pav, bhel puri, and sev puri, Mumbai is the capital city of Maharashtra an Indian state.

Mumbai is the house of three UNESCO World Heritage Sites including the Chhatrapati Shivaji Maharaj Terminus, Elephanta Caves, and the city's distinctive ensemble of the Victorian and Art Deco buildings. The top famous tourists places in Mumbai are Marine Drive, Gateway of India, Colaba Causeway, Juhu Beach, Siddhivinayak Temple, Hali Ali Dargah, Elephant Caves, Girgaum Chowpatty, Bandra Worli Sea Link, Chhatrapati Shivaji Teminus, Prince of Wales Museum, Chhatrapati Shivaji Maharaj Terminus, Essel World, Film City, Sanjay Gandhi National Park, Global Vipassana Pagoda, Kanheri Caves, Mahalaxmi Temple, Hanging Garden and many other places

TOP LOAN PROVIDERS IN MUMBAI
ABOUT STATE BANK OF INDIA, MUMBAI, Maharashtra

State Bank of India (SBI) is India’s multinational public sector banking and financial services company. SBI was established in 80 and is headquartered in Mumbai, Maharashtra. The bank is the largest bank in India with a % market share in assets. State Bank of India operates a network of , branches and 9, ATMs in India and internationally. SBI operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business channels. It extends a comprehensive range of banking products and services to individuals, commercial enterprises, corporates, and government bodies, and institutional customers in India and internationally. Its personal banking services include current accounts, savings accounts, term and recurring deposits; personal, home, auto, and education as well as loans against property and securities; and wealth management, demat, ATM, foreign inward remittance, safe deposit locker, public provident fund, money transfer, and pension policy, as well as cards and inflation indexed national savings securities cumulative bonds. It also provides corporate banking services including corporate accounts, working capital and project finance, deferred payment guarantees, corporate term loans, structured finance, dealer financing, channel financing, equipment leasing, loan syndication, financing Indian firms overseas subsidiaries or JVs, and construction equipment loans. In addition, the bank offers NRI services, such as accounts and deposits, remittances, investments, and loans; agricultural banking and micro credit to agriculturists and farmers; loans, supply chain finance, and deposits and transaction banking services for SME customers; and international banking services.

Bank Details
Product

Banking, Loans, Deposit

Insurance

Individual Insurance: Sbi life- eshield, Sbi life - poorna suraksha, Sbi life - sampoorn cancer suraksha, Sbi life- elncome shield, Sbi life- smart shield, Sbi life - saral Shield, SBI Life - Saral Swadhan +, SBI Life- Smart Swadhan Plus, SBI Life - Grameen Bina. Corporate Insurance Plan: SBI Life - Kalyan ULIP Plus, SBI Life- CapAssure Gold, SBI Life - Gaurav Jeevan, SBI Life- Pradhan Mantri Jeevan Jyoti Bima yojana, SBI Life- Sampoorn Suraksha

Banking

MoBile Banking, Internet Banking, Wholesale Banking, Retail Banking

Loans

Personal Loans, Car Loan, Loan Against Property, Education Loan, Housing Loans, Gold Loans, Corporate Term Loans

Cards

SBI Card ELITE, SBI Credit Cards, Air India SBI Platinum Card, Air India SBI Signature Card, SBI STYLEUP Contactless Credit Card, IRCTC SBI Platinum Card, Doctor's SBI Card, SBI Card ELITE Advantage

Branches of STATE BANK OF INDIA in MUMBAI
COMMERCIAL BRANCH MUMBAISBINNEFTSERVICECENTRERASMECCC, MUMBAIINTEGRATED TREASURY MUMBAIRASMECCC,BHAYANDARNATIONAL AUTOMATED CLEARING HOUSE MUMBAIRACPC SIONRBO SIONRBO BORIVALIDAU UNITLINK OFFICESERVICE CENTRETFCPC MUMBAIDEDICATED ACCOUNTING UNITTHAKUR COMPLEX ,KANDIVALI BRANCHPORTUGESE CHURCH, DADAR BRANCHMITTAL COURT TOWER-II, NARIMAN POINT BRANCHSERVICE BRANCH, MUMBAISAHAKARGRAM ,KANDIVALI(E) BRANCHMARVE ROAD, MALAD BRANCHSTERLING CENTRE,WORLI BRANCHEMPIRE HOUSE, FORT BRANCH MUMBAIBHULESHWAR, MUMBAISMECC PRABHADEVISBH INTEGRATED TREASURY BRANCHSBIINTOUCH MARINE DRIVESBIINTOUCH GOREGAON EASTSBIINTOUCH SION CIRCLE,SIONSBIINTOUCH MATUNGA MARKET, MATUNGASBIINTOUCH SANTACRUZ WESTPROJECT FINANCE BRANCH, MUMBAISAKI VIHAR ROADEWEALTH CENTRE, MUMBAIPOWAI MARKET, POWAI, MUMBAIRACPC ANDHERI WESTNAHUR WESTSUBHASH ROAD VILE PARLE EASTSTATION ROAD VILE PARLE WPBB GOREGAON WESTMERC ACQUIRING BUSINESS VERTICALNARAYAN NAGAR BRANCH, GHATKOPAR WESTHARIOM NAGAR BRANCH, MULUND EASTDEVIDAYAL ROAD BRANCH, MULUND WESTNANCY COLONY BORIVALI E BRANCHM.G.ROAD BORIVALI EASTGOLIBAR ROAD, SANTACRUZ EASTKHIRA NAGAR SANTACRUZ WEST BRANCH,BHARAT DIAMOND BOURSEJANKALYAN NAGARZONAL OFFICE, MUMBAIWORLI JUHUMUMBAI CENTRALNAVI MUMBAI ZONE IIICAG, BRANCH II MUMBAINRI BRANCH, CHEMBURSMECC, BORIVALICORE POWER, PORTUGUESE CHURCHVAISHALI NAGAR, MULUND WESTKALINACOMMERCIAL BRANCH, SAKI NAKAKEM HOSPITAL CAMPUS BRANCH, PARELSPECIALISED MICRO FINANCE BRANCH, DHARAVIRBO VII SCE2 MUMBAIRBO V, MUMBAIRBO II, MUMBAIRBO I, MUMBAIREGIONAL BUSINESS OFFICE VI MUMBAIRBO III, MUMBAIYOGI NAGARIBG ACCOUNTING UNIT MUMBAIMAHAVIR NAGAR, MUMBAISANTACRUZ EASTJUHU VERSOVA LINK ROADLOKHANDWALA BRANCHMAKER CHAMBERS IIIMUNDHWADOCUMENT ARCHIVAL CENTRE, MUMBAICAC ANDHERI (E)MID CORPORATE GROUP CORPORATE CENTER MUMBAI
ABOUT SYNDICATE BANK, MUMBAI, Maharashtra

Syndicate Bank is one of the oldest and major commercial banks in India and was founded in 9. At the time of its establishment, the bank was known as Canara Industrial and Banking Syndicate Limited. The name of the bank was changed to Syndicate Bank in 9. It is headquartered in Manipal, Karnataka and was one of the major commercial banks to be nationalized on 9 July 99, by Government of India. Syndicate Bank operated a network of 0 branches, including ,9 rural, ,7 semi-urban, 8 urban, and 8 metro branches in India; and branch in London, as well as ,8 ATMs as of March 08. Syndicate Bank offers banking products and services to corporate, SMEs and retail customer in India. Its deposit products include savings accounts, current accounts, and term deposits. It also provides retail, agricultural and other priority sector loans. In addition, the bank provides corporate finance such as working capital finance; export credit, term loan finance; loan against receivables; and project finance that includes infrastructure projects. Further, it provides Aadhaar seeding, NEFT/RTGS, online tax payment, online shopping and utility bill payment, and e-filing of income tax returns. Other services include CMS, bancassurance, mutual fund services, and demat services. Syndicate Bank also provides international banking products such as non-resident (external) rupee, non-resident ordinary rupee, resident foreign currency, and foreign currency non-resident accounts, as well as manages exchange companies.

Bank Details
Product

Loan, Banking, Credit Card

Insurance

NA

Banking

SMS Banking Net Banking Missed Call Banking

Popular Product

Loan, Banking, Credit Card

Loans

Retail Loan, Agriculture Loan, Priority Sector Loan, SME Loan

Cards

Syndicate Bank Global Visa Credit Card

ABOUT INDUSIND BANK, MUMBAI, Maharashtra

Indusind Bank Limited is a new generation private bank. Established in 99, the bank is headquartered in Mumbai, India. It stands tall today as one of the reputed banks in the country. Indusind Bank operates more than 000 branches and over ,800 ATMs spread across the country. It also has representative offices in London, Dubai and Abu Dhabi.

Bank Details
Product

The bank provides various banking solutions to individuals, NRIs, business owners, corporate, government and financial Institutions. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and other Banking Operations segments. The bank offers current, savings, defense, corporate salary, and RFC accounts; and fixed deposits, recurring deposits, young saver deposits, as well as Rupee multiplier products.

Banking

Reasury Corporate/Wholesale Banking, Recurring deposits, Corporate salary, Rupee multiplier products. Retail Banking Young saver deposits, Urrent, savings, defense,and RFC accounts Fixed deposits Mutual funds My Account Number Quick Redeem Services and 0 Days banking. Choice Money ATMs Direct Connect Cash-on-Mobile Check-on-Cheque

Loans

Home loan Gold loans Business loan. Kisan loans Term loans Induind Kisan loans Loan against property Two wheeler Personal Car loan Education loan

Cards

Credit cards

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