Top 5 Housing Finance Companies in India

Housing Finance list Introduction

Some companies provide long-term loans to help people live and buy their own home. This is called housing finance.

Top 5 Housing Finance Companies in India
Top 5 Housing Finance Companies in India

This includes some government initiatives such as Pradhan Mantri Awas Yojana and some private companies also provide loans for housing finance.

Today in this article we will look at 10 such housing finance banks in India.

PNB Housing Finance

What is full form of PNB?

Punjab National Bank

PNB Housing Finance Bank provides home loans to individuals and corporate entities for home purchase, home construction, home repair and upgrading. Punjab National Bank also provides loans for commercial space, loans against property and loans for purchase of residential plots.

What is PNB Housing Finance interest rate In 2021?

Punjab National Housing Finance Bank interest rate 75.7575% – .2 .25% .0 .05% – .5 ..55% * Interest rates may vary at the discretion of PNB Housing.

PNB Housing offers a floating rate linked to your benchmark rate. PNBHFR: PNBHFR for existing customers (loan disbursed) before 1 March 2017: 14.57% P.A.

Who is the owner of PNB Housing Finance Ltd?

Punjab National Bank Housing Finance and Parent organizations

How to apply for an PNB home loan online?

Now you can apply for a PNB home loan online by visiting the bank’s official online portal for home loans.
https://www.pnbhousing.com/home-loan/

HDFC

Increase the flow of resources to the housing sector by integrating the housing finance sector with the overall domestic financial markets. 

HDFC Finance Bank in India is the home loan provider for this purpose.

What is full form of HDFC?

Housing Development Finance Corporation

What is HDFC Housing Finance interest rate In 2021?

Currently, HDFC offers 6.75% lowest home loan rate.

Loan SlabHome Loan Interest Rates (% p.a.)
For Women* (upto 30 Lakhs)6.75 to 7.25
For Others* (upto 30 Lakhs)6.80 to 7.30
For Women* (30.01 Lakhs to 75 Lakhs)7.00 to 7.50
For Others* (30.01 Lakhs to 75 Lakhs)7.05 to 7.55
For Women* (75.01 Lakhs & Above)7.10 to 7.60
For Others*(75.01 Lakhs & Above)7.15 to 7.65
HDFC Housing Finance interest rate

Who is the owner of HDFC Finance Ltd?

HDFC Bank/Parent organizations

How to apply for an HDFC home loan online?

HDFC provides a facility to apply online for a home loan through a secured platform on the website that customers can access from the comfort & safety of their homes or office.
https://www.hdfc.com/online-home-loans

LIC Housing Finance

What is full form of LIC?

Life Insurance Corporation of India

What is LIC Housing Finance interest rate In 2021?

Rate of Interests (Floating – Linked to LHPLR) Current LHPLR – 14.70%

Loan slabCIBIL ScoreSalaried & ProfessionalNon-Salaried & Non Professional
Upto Rs. 50 LakhsCIBIL >= 7006.90%7.00%
CIBIL 650 – 6997.10%7.20%
CIBIL 600 – 6497.30%7.40%
CIBIL < 6007.50%7.60%
More than 50 Lakhs & Up to Rs. 1 CrCIBIL >= 7006.90%7.00%
CIBIL 650 – 6997.30%7.40%
CIBIL 600 – 6497.60%7.70%
CIBIL < 6007.70%7.80%
More than 1 Cr & Up to Rs. 3 CrsCIBIL >= 7007.40%7.40%
CIBIL 650 – 6997.40%7.50%
CIBIL 600 – 6497.70%7.80%
CIBIL < 6007.70%7.80%
More than Rs. 3 Crs & upto Rs 15 CrCIBIL >= 7006.90%7.00%
CIBIL 650 – 6997.50%7.60%
CIBIL 600 – 6497.80%7.80%
CIBIL < 6007.80%7.90%
Loan SlabSalaried & ProfessionalNon-Salaried & Non Professional
Up to Rs. 50 Lakhs (Cibil <=0 )7.40%7.50%

Indiabulls Housing Finance

What is Indiabulls Housing Finance interest rate In 2021?

Indiabulls offers customers competitive interest rates that will make it easier to own a home of choice.

Loan AmountVariable Rates (%)
Upto and including Rs. 75 lacs8.80 % to 10.35%
More than Rs. 75 Lacs and upto Rs. 500 lacs9.00 % to 10.95%
More than Rs. 500 Lacs9.25 % to 11.00%
Home Loans Variable Rate
Loan AmountHome Loans Variable Rate
Upto and including Rs 100 lacs8.80 % to 10.35%
More than Rs.100 Lacs and upto Rs. 500 lacs9.00 % to 10.95%
More than Rs 500 lacs9.25 % to 11.00%
Home Loans Variable Rate

Who is the owner of IndiaBulls Housing Finance Ltd?

Sameer Gehlaut is the Founder and Non Executive Director of the Indiabulls Group.

How to apply for an Indiabulls home loan online?

Indiabulls home loans are the first in India to offer end to end online processing. You can apply home loan online anytime.

IIFL Financial services company

What is full form of IIFL?

IIFL Full Form is India Infoline.

What is IIFL Housing Finance interest rate In 2021?

Current IIFL Home Loan interest rates Jun 2021 starts at 8.45% p.a. for a maximum tenure of 30 years. Processing fee on its housing loans is Upto 1.25%.

Loan AmountIIFL Home Loan Floating Rate
Upto ₹ 28 Lakh8.45%
₹ 28 Lakh – ₹ 75 Lakh8.45%
₹ 75 Lakh – ₹ 2 Cr8.45%
Above ₹ 2 Cr8.45%
IIFL HOME LOAN INTEREST RATES 2021

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