Home Loan in Kolkata

Compare various banks and the home loan interest rates that they are offering for different requirements. 

Let’s have a look below to know the same:

Additional Info: Best Home Loan Interest Rates @7.35%

Home loan in Kolkata and neighbouring areas start from 8% and can go on upto 14%

Tip: 50 Lakh Home Loan EMI Interest Rate 2025 before applying for a loan

There are more than 30 banks and financial institutions that can give you the best home loans in Kolkata and other nearby areas in West Bengal. Here we are mentioning some of those lenders which give lucrative deals on your home loans.

PNB Housing Finance Limited Home Loan in Kolkata

PNB HFL starts giving home loans in Kolkata from Rs 8 lakh onwards and takes approximately 10 days to process. The minimum home loan rate of interest in Kolkata is 8.50% for salaried and 8.60% for self-employed professionals whose CIBIL or credit score is more than 800.

HDFC Home Loan in Kolkata

HDFC or HDFC Limited caters to home loan in Kolkata under different loan slabs based on the requirement amount of home loan. There are different home loan interest rates for women that can benefit you greatly if one co-applicant of your home loan is a woman.

LIC Housing Finance Limited Home Loan in Kolkata

LIC Housing Finance gives 7 different types of home loans in Kolkata or any other place. The starting home loan interest rate starts from 8.50% for people having a CIBIL score more than 800 and are salaried. For people whose CIBIL score is less than 600 and are self-employed, for them the home loan interest rate in Kolkata is around 9.40%.

Bajaj Housing Finance Kolkata

Bajaj Housing Finance offers attractive Home Loan interest rates starting at 8.30%* for salaried and professional individuals. Borrowers also have the advantage of availing of a sizable sanction with minimal documentation and quick processing and approval.

Aadhar Housing Finance Kolkata

With 13 types of home related loans Aadhar Housing Finance home loan interest rate is one of the good options.

Aditya Birla Housing Finance Bhopal

Getting a home loan in Bhopal is easy with Aditya Birla Housing Finance home loans.  Below is the home loan interest rate based on salary.

Shriram Housing Finance Bhopal

This financial institution offers home loans, loan against property, and project finance services, as well as provides a range of financial assistance to prospective homeowners. SHFL serves customers in India. The home loan interest rate starts from 8.75% and you can get almost 90% of your property cost as a loan.

Sundaram Home Finance Bhopal

With 6 types of home loans schemes, the home loan interest rate at Sundaram home finance in Bhopal starts from 8.65% p.a.

IIFL Home Loan in Bhopal

IIFL Home Loans progressively works towards facilitating affordable home loans to first time homebuyers of the country. Through a wide network of branches, backed by a digital infrastructure and social development intent, the Company caters to the evolving home finance needs of marginalized sections across the length and breadth of the nation. The IIFL home loan interest rate in Bhopal starts from 8.20% p.a.

Indiabulls Housing Finance Bhopal

Indiabulls Home Loans offers customers competitive interest rates that will make it easier to own a home of choice. The home loan interest rate at Indiabulls Housing Finance in Bhopal start from 8.75% p.a.

SBI Home Loan Bhopal

State Bank of India is one of the premier banks of India and so to get a home loan in Bhopal is very easy with SBI. The cheapest SBI home loan interest rate is 7.50% - 8.45% and the maximum tenure for which home loan can be availed is 30 yrs. The loan disbursement process can take upto 3 weeks in SBI home loan Bhopal.

Axis Bank Home Loan Bhopal

Axis bank home loan in Bhopal is one of the most searched options to get a home loan. The home loan interest rate varies depending upon the applicant profile, salary and credit score.

Aavas Finance Bhopal

They offer 5 home loan products in Bhopal. You can get home loan, loan against property, land purchase and home construction loans, home loans balance transfer from Aavas housing in Bhopal. The interest rate for home loan starts from 8.75% - 11.60% p.a. with a processing fees of upto 2% plus GST. The maximum tenure can be no more than 30 years.

Additional Info: Also Check Best Banks for Home Loan in India in 2025

Interest Rate For Salaried Individuals in Kolkata

Home Loan Interest Rate For Self Employed Individuals in Kolkata

Interest Rate For Self Employed Individuals in Kolkata

Additional Info: Also check Home Loan for Salaried Employees

There are more than 10 types of home loans offered in Kolkata. Have a look below to understand what different types of home loans you can take from banks and other financial institutions(FIs) or NBFCs(non-banking financial institutions)

Home Loan is a secured loan where the bank keeps possession of your home papers till the repayment is done. Let’s have a glance at some features of home loan in Kolkata:

• Home loans in Kolkata are usually offered at a minimum interest rate of 7.35% p.a.
• Tenures may be up to 30 years.
• LTV ratio: 80%-90% of the cost of property.
• Facilities like top-ups, overdraft and home loan balance transfer to existing home loan borrowers are easily available.
• Selected existing bank customers are offered pre-approved instant home loans.
• No prepayment charges.
• Pradhan Mantri Awas Yojna for economically weaker sections, middle income groups and low income groups with interest subsidy of up to Rs 2.76 lakh

Additional Info: Check 30 Lakh Home Loan EMI Apply Online.

To be eligible for home loan in Kolkata there are some requirements. Let’s see what are those requirements that will allow you to have your dream home in Kolkata:

• Applicant’s nationality: Indian Resident, PIO, NRI
• Age: 21 years up to 70 years at the time of loan maturity
• Work experience: At least 3 years for salaried and self-employed
• Applicant’s job profile: Salaried (government and corporate professionals)/Self-Employed Non-Professionals (contractor, trader, commission agent)/Self-Employed Professionals (Doctors, CS, lawyers, CA, architect, consultant, engineer
• CIBIL/Credit score should be 750 and above for increased chances of availing home loan and at lower interest rates

Additional Info: Also check Home Loan Eligibility

Below are the list of documents needed to get a home loan in Kolkata:

Home loan Documents For Salaried Loan Applicants

• Proof of Identity: PAN Card/Driving License/ Voter ID/Passport/Aadhar Card.
• Proof of address: Passport/Utility bill/Aadhar card
• Proof of Income: Latest salary slip/ ITR/Form-16
• Bank Statement: Last 3 months bank statement/ last 6 months bank passbook.
• Property Documents: Agreement sale copy, Certificate of possession, Land tax receipt, the detailed cost of construction, Letter of allotment, Original NOC.

Additional Home Loan Documents for Self-Employed Applicants

• Business profile
• Recent Form 26AS
• Income Proof: ITR with income computation for past 3 years
• Memorandum and Articles of Association of the company
• Balance sheet and profit & loss account statement for last 3 years
• Current account statement of business entity
• Savings account statement of individual for past 6 months

Additional Info: Also check Documents Required For Home Loan

Property loans or Mortgage loans in Kolkata is another term for home loans in Kolkata. So, if you are in need of any type of mortgage loan ie. home loan in Kolkata then you are just reading the article where you will get all the information correctly.

The West Bengal Government home loan scheme aims to provide people a cheaper solution to the basic need that is housing.

With a view to providing proper shelters, free of cost, to the poor, the Government in the Housing Department has laid proper focus on construction of houses for the Economically Weaker Section of people.  This scheme is being implemented in the rural areas and non-Municipal urban areas in coordination with seven other Government.

Departments under the name of ‘Gitanjali’ and ‘Amar Thikana’. The Departments executing the scheme ‘Gitanjali’ are:

1. Fisheries Department
2. Backward Classes Welfare Department
3. Minority Affairs & Madrasah Education Department
4. Forest Department
5. Sundarban Affairs Department and
6. Paschimanchal Unnayan Affairs Department.

The objective of the scheme is to provide proper shelters to the economically weaker section of society as well as to create additional employment opportunities for construction workers etc. The cost of such dwelling units for new construction on beneficiary’s land in rural areas varies across the span and terrain of the state as follows owing to different soil and climatic conditions:

(a) Rs. 1.67 lakh for beneficiaries in general residing in Rural areas of plains.

(b) Rs. 1.23 lakh for fishermen residing in non-coastal areas to be implemented by Fisheries Department.

(c) Rs. 1.94 lakh for beneficiaries residing in the forest fringe areas of Sunderbans (to be implemented by Forest Department), and, for beneficiaries residing in other non-forest Coastal areas to be implemented by Sundarban Affairs Department & Fisheries Department.

(d) Rs. 2.51 lakh for beneficiaries residing within the forest fringe areas and forest villages in hill areas of Darjeeling district to be implemented by Forest Department.

(e) Rs. 3 lakh within the forest villages of Jalpaiguri district to be implemented by   Forest Department.

The cost of such dwelling units in for new construction in Non-Municipal Semi-Urban areas are as follows:               

(i) Rs. 1.67 lakh - for single–storied building on beneficiary’s land.

(ii) Rs. 3.30 lakh - for multi-Storied buildings on the land of implementing Government agencies or on Government land.

Additional Info: Also check HDFC Plot Loan