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Home Loans in Jaipur

You can get the best home loan in Jaipur from HDFC, SBI, PNB housing finance, IIFL, Aadhar housing finance, Indiabulls housing finance, Shriram housing finance Jaipur and many more banks or financial institutions. The home loan interest rate starts from 8.50% whereas the processing fees are nominal starting from 0.25% + GST.

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Compare Best Home Loan Interest Rates in Jaipur

When you are looking to get a home loan in Jaipur, the first thing to do is to compare various banks and the rates at which they are offering home loan interest rates. 

Let’s have a look below to know the interest rate and processing fees:

Bank NameInterest rate (%)Processing fee
HDFC Bank8.50% - 9.00%Up to 0.50% of the loan amount + applicable taxes
HSBC Bank8.60% - 8.85%Up to 1.00% of the loan amount + applicable taxes
Kotak Mahindra Bank8.85% - 9.40%Up to 0.50% of the loan amount + GST 
IDFC Bank8.85% - 9.25%Upto Rs.3,000
PNB Housing Finance8.75% - 11.15%Up to 1% of loan amount + GST
Federal Bank10.15% - 10.30%0.50% of loan amount
Bajaj Finserv8.50% - 14.00%Up to 7% of loan amount + GST
L&T Housing Finance8.60% - 8.75%Up to 0.25% of loan amount + GST
ICICI Bank9.00% - 10.05%0.50% - 2.00% of the loan + applicable taxes

Looking for 5 Crore Home Loan? Check Interest rates, Eligibility, and EMI Online.

Home Loan Interest Rate in Jaipur

Home loan in Jaipur and neighbouring areas start from 8.50% and can go on upto 14%:

Home Loan ParametersHome Loan Details
Interest Rate8.50% - 14.00%
Processing Fee0% to 1.25 % of the loan amount
Tenure/ Repayment1-30 years

Home Loan in Jaipur

To get a home loan in  Jaipur you can check various banks and housing finance companies details and see for yourself what interest rate theories are offering for your home loan.

Check Best Home Loan Interest Rates starting @8.50% from different banks and NBFCs.

Home Loan Apply Online

Top Housing Finance Companies in Jaipur

There are more than 30 banks and financial institutions that can give you the best home loans in Jaipur.

Here we are mentioning some of those lenders which give lucrative deals on your home loans:

PNB Housing Finance Limited Home Loan in Jaipur

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

HDFC Home Loan in Jaipur

HDFC or HDFC Limited caters to home loan in Jaipur 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.

Loan SlabHome Loan Interest Rates (in % p.a.)
For Women* (upto 30 Lakhs)8.60 - 9.10
For Others* (upto 30 Lakhs)8.65 - 9.15
For Women* (30.01 Lakhs to 75 Lakhs)8.85 - 9.35
For Others* (30.01 Lakhs to 75 Lakhs)8.90 - 9.40
For Women* (75.01 Lakhs & Above)8.95 - 9.45
For Others*(75.01 Lakhs & Above)9.00 - 9.50

LIC Housing Finance Limited Home Loan in Jaipur

LIC Housing Finance gives 7 different types of home loans in Jaipur 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 Jaipur is around 9.40%.

Bajaj Housing Finance Jaipur

Bajaj Housing Finance offers attractive Home Loan interest rates starting at 8.50%* 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 Jaipur

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

Customer TypeHome Loan Interest Rate*
Salaried - Home Loan11.75% - 16.50%
Self-Employed - Home Loan12.75% to 17.00%
Loan against Property15.00% to 17.00%

Aditya Birla Housing Finance 

Getting a home loan in Jaipur is easy with Aditya Birla Housing Finance home loans. The home loan interest rate at Aditya Birla starts from 8.80% to 14.75%.

Sundaram Home Finance Jaipur

With 6 types of home loans schemes, the home loan interest rate at Sundaram home finance in Jaipur starts from 10% p.a.

DetailsInterest Rate/ Fees
For Salaried customers10%
For Self-employed customers10.50%
Processing FeeMaximum upto 0.50% + GST

IIFL Home Loan in Jaipur

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 Pune starts from 8.50% p.a.

Indiabulls Housing Finance Jaipur

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 Jaipur start from 9.30% p.a.

SBI Home Loan Jaipur

State Bank of India is one of the premier banks of India and so to get a home loan in Jaipur is very easy with SBI. The cheapest SBI home loan interest rate is 8.50% - 10.05% 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 Jaipur.

Axis Bank Home Loan

Axis bank home loan in Jaipur 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.

If you are looking to Apply for Rs. 1 Crore Home Loan EMI? Compare interest rates and Apply Online.

Home Loan Interest Rate in Jaipur for Salaried and Professional Individuals

Loan TypeEffective ROI (p.a.)
Home Loan8.50%* to 14.00%*
Home Loan (Balance Transfer)8.50%* to 14.00%*
Top Up9.20%* to 15.00%*

Interest Rate For Salaried Individuals in Jaipur

TypeRepo Rate + SpreadEffective Rate of Interest
Floating RateRepo Rate + 2.70% to Repo Rate + 3.05%8.50% - 8.95% p.a.
Fixed RateAll Loan Amounts14% p.a.

Home Loan Interest Rate For Self Employed Individuals in Jaipur

TypeRepo Rate + SpreadEffective Rate of Interest
Floating RateRepo Rate + 2.80% to Repo Rate + 3.15%8.70% - 9.05% p.a.
Fixed RateAll Loan Amounts14% p.a.

You can also check different features and benefits of Home Loan for Salaried Employees

Types of Home loans offered in Jaipur

There are more than 10 types of home loans offered in Jaipur. 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):

Types of Home LoanPurpose of Home Loan
Home LoanThis type of loan is taken to purchase residential property like flats and apartments.
Loan against PropertyGet a loan by pledging your property to the bank.
Home improvement LoanThis loan is taken for house renovation related activities like painting, wiring revamp etc.
Home Extension LoanThis type of loan is taken to extend an already existing loan. For example to build a floor, room and balcony.
Land purchase LoanThis type of loan is taken to purchase a land. The construction of property should be completed within a fixed timeline.
House construction LoanThis type of loan is taken to construct a house.
Home Loan Balance TransferHome loan balance transfer is used to transfer the existing home loan to a lower interest rate reducing the overall outgo in process.
Pre-approved Home LoanThis type of pre-approved home loan is given by banks and lending institutions to their existing customers on the basis of their creditworthiness and income.
Home Loan Top-upsThis is given as an extra loan on your existing home loan.
Home loans for NRIThis type of home loan is suitable for people who live outside India but are willing to construct a house in India.
Home Loan OverdraftHome loan overdraft allows borrowers to get more loan amount linked to their savings and current account.

Check out the eligibility and benefits of LRD Loans

Mortgage Loans in Jaipur

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

Mortgage Loan Interest Rates in Jaipur

Name of LenderInterest Rates
LIC Housing Finance8.50%
HDFC Bank8.75% - 9.65%
Tata Capital Housing Finance8.75%
Bajaj Housing Finance8.50% - 15.00%
PNB Housing Finance8.50%
Indiabulls Housing Finance9.30%
Aditya Birla Capital8.80% to 14.75%
ICICI Home Finance8.75%
Home First Finance8.00% - 17.50%
L&T Housing Finance8.65%

You can also check SBI Home Loan EMI Calculator

Features and Benefits of Home Loan in Jaipur

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 Jaipur:

  • Home loans in Jaipur are usually offered at a minimum interest rate of 7.80% 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

You can Also check How to Apply for Pradhan Mantri Awas Yojana

Eligibility Criteria of Home Loans in Jaipur

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

  • 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

You can also check SBI Home Loan Eligibility Online through MyMoneyMantra

Documents Required for Home Loan in Jaipur

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

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

You can also Check Pan Numbers for Home Loan of All Banks Online

Plot Loans in Jaipur

Plot loans in Jaipur can be availed upto a maximum amount of Rs 1 Cr. The rate of interest rate for plot loans in Jaipur starts from 8.60% to a maximum of 9.50%.

You can also check HDFC Plot Loan

Jaipur Government Home Loan Scheme

The Jaipur government has set up a housing board that will benefit a customer who is looking to purchase a new home in Jaipur.

Jaipur State Housing Board

Jaipur State Housing board(BSHB) represents a statutory authority constituted by the Government of Jaipur under the Jaipur State Housing Board act ,1982 and is mandated with the development of various housing schemes & related infrastructural facilities in the state. The objective of the board is to ensure provision of quality housing accomodation at affordable prices for all sections of the society.

You can also check features, benefits and documents required for DDA Housing Scheme

Home Loan in Jaipur Gramin Bank

The objective behind Jaipur Gramin Bank is to ensure availability of Housing Loan at attractive rates and ensure a house for all.

Jaipur Gramin Bank Loan Interest Rate

The Jaipur Gramin Bank home loan rate of interest ranges from 8.75% to 9.60%. 

Madhya Jaipur Gramin Bank Home Loan Interest Rate

The home loan interest rate for Madhya Jaipur Gramin Bank is listed below:   
For women: 8.65% and for others - 9.50% - Up to Rs.30 Lakh   
For women: 8.70% and for others - 9.55% - Above Rs. 30 Lakh and up to 75 lakh   
For women: 8.80% and for others - 9.65% - Above 75 lakh

You can also calculate Rs. 35 Lakh Home Loan EMI Online

Home Loan for CIBIL Defaulters in Jaipur

If your CIBIL score or credit score is not upto the mark then you need not worry. You can get a home loan for CIBIL defaulters in Jaipur from noteworthy housing finance companies 

You can also check CIBIL Score for Home Loan

FAQs for Home Loan in Jaipur

How to get government subsidy on Home Loan?

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You can get the subsidy by availing your loan under Pradhan Mantri Awas Yojna also known as PMAY. The Pradhan Mantri Awas Yojana (PMAY) is an initiative of the Government of India which aims at providing affordable housing to the urban poor by the year 2022. The scheme was first launched on 25 June 2015. The interest rate for the PMAY scheme starts at 6.50% p.a. and can be availed for a tenure of up to 20 years

Which bank is the best for home loan in India?

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Lowest home loan interest rate in Jaipur is 8.50%. With the recent rate hike trend it is assumed that the search for cheapest home loans in Jaipur might take a while. Till then you can have a look at these banks / NBFCs and the home loan interest rates that they offer:

Banks/NBFCsHome Loan Interest Rate
HDFC8.75% - 9.65%
LIC HFL8.50%
SBI8.50% - 10.05%
ICICI8.75%
Kotak Bank8.70%

Which Type of Home Loan is Best in India?

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Home loan can be needed for multiple scenarios like loan against property in Jaipur, loan against power of attorney property in Jaipur, and many more. So, there is no particular best home loan for all but it will depend on the exact requirement of the customer to decide which type of home loan can best cater to their requirements.

What are the details of Aawas housing finance Jaipur?

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Aavas Financiers home loans offer attractive interest rate starting from 8.50% with processing fees of 1% of the loan amount plus GST. Repayment tenures go up to 30 years, making it easier to pay off your EMIs.

What are the details of Capri Global Housing Finance Ltd Jaipur?

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Capri Global Housing Finance Ltd offers 3 different types of home or mortgage loans. The home loan interest rate starts around 9% and the maximum tenure can be 30 yrs. The loan can be availed by individuals who are salaried, self-employed, professionals or having an okay credit score.

How long does it Take to Get a Home Loan in Jaipur?

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It takes anything between 7 to 21 days in order to get a home loan in Jaipur.

What is the Lowest Interest Rate on a Home Loan in Jaipur?

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The lowest home loan interest rate in Jaipur is 8.50% p.a.. Currently it is offered by SBI.

What is the Minimum Income requirement to get a Home Loan in Jaipur?

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If your monthly salary is more than Rs 25000 then you can get a home loan in Jaipur.

How to get Home Loan in Jaipur?

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Why only Jaipur? You can apply for a home loan from anywhere in India using our website MyMoneyMantra.com or you can directly visit the link https://www.mymoneymantra.com/home-loans and fill the form with your exact requirements.

Which Bank gives fastest Home Loan?

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All banks take almost similar time in disbursing your home loan amount. It takes from 7 to 21 days to get your home loan amount.

How much down payment for home in Jaipur?

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Normally to buy a new home, a down payment of 10% of the total cost of the property is required. But it is always advisable to go for a minimum home loan amount by paying around 20% to 30% as down payment to the builder.

Can I get home loan on residential plot?

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Plot loans are available for only a residential plot unlike home loans which are available on all properties. The maximum Loan to Value (LTV) when it comes to plot loans is stipulated at 70%. For home loans, the LTV can go up to 90% in some cases.

Can I prepay my home loan?

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Yes, you can prepay your home loan easily by paying a nominal fee as prescribed by the respective bank in case any.

What is the difference between Home loan and Mortgage Loan?

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It must be made clear that even Home Loans are a type of mortgage loan; wherein the property you seek a loan is considered a collateral for the sanction.

Can home loan tenure be increased?

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Yes, they can be increased if there is any room for doing so. Home loans have a long tenure of 15 years and above. During it you will encounter many interest-rate cycles. “Borrowers can either opt for the tenure increase option or the EMI increase option with the consent of the lender. Opting for tenure increase will result in higher interest cost than the EMI increase option.

Is ITR compulsory for home loan?

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If you are self-employed then yes your income tax returns will be needed to avail a home loan.

How to apply for a top up home loan in ICICI?

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You can now apply for Top-Up on your existing Home Loan and use the funds to fulfill a host of requirements such as home renovation, marriage expenses, business expansion, funding of your child’s higher education or any other personal need with a combination of overdraft facilities.

What’s more, if you have an existing Home Loan with ICICI bank then applying for a Top-Up loan gets simpler, hassle- free and with minimal documentation.

Can I get home loan with 50000 salary?

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Yes, you can get a home loan with a Rs 50000 salary.

Can I get home loan if my salary is 15000?

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No, you cannot get a home loan with a salary of Rs 15000.

What is the EMI for 20 lakhs home loan?

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The EMI for a Rs 20 lakh home loan at an interest rate of 8.50% p.a. For a tenure of 30 years is Rs 15,258.

Which home loan is best for govt employees?

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Any bank or financial institution that gives a special home loan interest rate to government employees is best for govt employees.

What is the EMI for 25 lakhs home loan for 15 years?

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Rs 24,618 is the EMI that you have to pay for a home loan of Rs 25 lakhs for a tenure of 15 yrs.