Housing Finance Companies in India
Housing Finance Companies (HFCs) are a part of Non-banking Financial Companies (NBFCs) that offer home loans for different housing-related needs like home purchase, extension, renovation, etc. Below is the list of Housing Finance Companies in India 2025 to help you choose the best option by comparing different features offered by lenders.
Top Housing Finance Companies in India
Here is the list of top Housing Finance Companies in India at present:
- Aadhar Housing Finance
- Aditya Birla Finance
- Bajaj Housing Finance
- Indiabulls Housing Finance Limited (now Sammaan Capital)
- LIC Housing Finance
- L&T Housing Finance
- PNB Housing Finance
- Piramal Capital and Housing Finance
- Tata Capital Housing Finance
- Hero Housing Finance
- Edelweiss Housing Finance
- SMFG Housing Finance
- Shubham Housing Finance
Compare Interest Rates of Top Housing Finance Companies in India
Below is the comparison of interest rates of top housing finance companies in India at present:
| HFC Name | Interest Rates (p.a.) | Processing Fee |
| Aadhar Housing Finance | 11.75% - 17.00% | Up to Rs. 3,500 + Applicable GST |
| Aditya Birla Housing Finance | 8.60% | Up to 1% |
| Bajaj Housing Finance | 7.35% | Up to 4% + GST |
| Indiabulls Housing Finance Limited (now Sammaan Capital) | 8.75% | 0.50% onwards |
| LIC Housing Finance | 7.50% | 0.50% + GST |
| L&T Housing Finance | 8.10% | Up to 3% + Applicable Taxes |
| PNB Housing Finance | 8.25% | 0.35% |
| Piramal Capital and Housing Finance Limited | 9.50% | Up to 3% + Applicable Taxes |
| Tata Capital Housing Finance Limited | 7.75% | Up to 2% + GST |
| Hero Housing Finance | 11.99% | Up to 1% + taxes |
| Edelweiss Housing Finance (now Nido Home Finance) | 10.00% | Up to 2% |
| SMFG India Home Finance | 7.99% | Up to 0.25% + GST |
| Shubham Housing | 9.75% - 20.00% | 0.50% Loan Amount |
Aadhar Housing Finance Limited
| Loan amount | Up to Rs. 1 Crore |
| Rate of interest | 11.75% - 17.00% |
| Tenure | Up to 30 years |
| Processing fee | Up to Rs.3500 + Applicable GST |
Under Aadhar Housing Finance Limited Home Loan, you can get up to 80% of property’s value as loan amount at attractive interest rates starting at 11.75% p.a. The maximum repayment tenure is up to 30 years for bank salaried and 20 years for cash salaried customers, subject to retirement age.
Aditya Birla Housing Finance Limited
| Loan Amount | Up to 90% of the property value |
|---|---|
| Rate of interest |
|
| Tenure | Up to 30 years |
| Processing fee | Up to 1% of the loan amount + GST |
Aditya Birla Housing Finance offers home loans up to 90% of the property’s cost at attractive interest rates starting from 8.60% p.a. for maximum tenure of up to 30 years. The process to Apply for Aditya Birla Housing Finance Home Loan is quick and easy.
Bajaj Housing Finance Limited
| Loan amount | Up to Rs. 5 Crores |
| Rate of interest | 7.35% |
| Tenure | Up to 32 years |
| Lowest EMI possible | Rs. 722 Lakh |
| Processing fee | Up to 4% of the loan amount + GST |
Bajaj Housing Finance offers home loans of up to Rs. 5 Crores for purchasing, building or developing a residential unit for up to 32 years tenure. The loan is available at interest rate starting from just 7.35% p.a. for salaried, 8.10% p.a. for professional and 8.30% p.a. for self-employed borrowers.
Samman Capital (formerly Indiabulls Housing Finance Limited)
| Loan amount | Up to 90% of the property cost |
| Rate of interest | 8.75% to 15% p.a. |
| Tenure | Up to 15 years |
| Processing fee | 0.50% onwards of the loan amount |
Samman Capital Housing Finance offers instant home loans of up to 90% of property’s value with a flexible repayment tenure up to 15 years and affordable interest rates starting from for as low as 8.75% p.a. The processing fee starts from 0.50% of the loan amount.
LIC Housing Finance Limited
| Loan Amount | Up to 10 Crore |
|---|---|
| Rate of interest | 7.50% |
| Tenure |
|
| Processing fee | Up to 0.50% of loan amount |
LIC Housing Finance offers seamless home loans to all types of customers for construction, purchase, repair and renovations of a house. The maximum loan amount is up to 90% of property’s value for up to 30 years tenure.
LIC HFL home loan interest rates currently start from 7.50% p.a. and the processing fee is 0.50% of the loan amount plus GST
You can also check SBI Home Loan for Women
L&T Housing Finance Limited
Highlights of L & T Housing Finance Home Loan are as below:
| Loan amount | Up to 90% of the property cost |
| Rate of interest | 8.10% |
| Tenure | Up to 30 years |
| Processing fee | Up to 3% |
You can get up to 90% of property’s value as L&T Housing Finance Home Loans for maximum tenure of up to 30 years in an online application process with a dedicated relationship manager. The interest rate stars from as low as 8.10% p.a.
PNB Housing Finance Limited
| Loan Amount | Rs. 1 Lakh to Rs. 5 Crores |
|---|---|
| Rate of interest | 8.25% |
| Tenure | Up to 30 Years |
| Processing fee | Up to 1.00% of the loan amount |
| Prepayment/ Foreclosure Charges | Nil for floating home loan |
PNB Housing Finance Limited provides a bouquet of home loans for a diverse base of customers. You can avail of up to 90% of property’s value as loan amount at an interest rate starting from 8.25% p.a. for salaried and 8.80% p.a. for self-employed, for up to 30 years tenure. You can apply for PNB HFL Home Loan online as well as offline.
Piramal Housing Finance Limited
| Loan amount | Rs. 5 Lakhs to Rs. 2 Crores |
| Tenure | Up to 30 Years |
| Maximum age | Maximum age for applying is 70. |
| Minimum age | you need to be at least 21 years to apply for the Piramal home loan. |
| Interest rate | 9.50% |
| Processing fees | Up to 5% of loan amount + taxes |
You can avail of Piramal Capital Housing Finance Home Loan up to Rs. 2 Crores for the purchase of your dream home. Currently Piramal Capital & Housing Finance Interest Rates start from 9.50% p.a. and tenure is up to 30 years.
Tata Capital Housing Finance Limited (TCHFL)
| Loan Amount | Rs. 5 Lakhs to Rs. 7.5 Crores |
|---|---|
| Rate of interest | 7.75% |
| Tenure | Up to 30 years |
| Processing fee | Rs. 5,000 + GST for salaried Rs. 10,000 + GST for self-employed |
Tata Capital offers home loans up to 70% of property’s value to salaried and self-employed for plot purchase, construction of a new house, and extension/ improvement of the existing property. Tata Housing Home Loans interest rates start from just 7.75% p.a. and the maximum tenure is up to 30 years.
Hero Housing Finance Company Limited
| Loan amount | Rs. 5 Lakhs to Rs. 3 Crores |
|---|---|
| Rate of interest | 11.99% |
| Tenure | 30 years |
| Processing fee | Up to Rs. 3% of loan amount + taxes |
Hero Housing Finance Limited (HHFL) home loans up to 90% of property’s cost to salaried and self-employed individuals at attractive interest rates starting from just 11.99% p.a. The Hero Housing Finance Home Loan can be repaid within 30 years of tenure.
Nido Housing Finance (formerly Edelweiss Housing Finance)
| Loan amount | Up to 90% of Property Value |
|---|---|
| Rate of interest | 10.00% |
| Tenure | Up to 20 years |
| Processing fee | Up to 2% of Loan Amount |
Edelweiss HFL Home Loans are available to salaried as well as self-employed individuals. The maximum loan amount offered is up to 90% of property’s market value. The maximum loan tenure available is 20 years and the interest rate starts from just 10.00% p.a
SMFG India Home Finance Company Limited
| Loan amount | Up to Rs. 1 Crore |
| Rate of interest | 7.99% |
| Tenure | Up to 30 years |
| Processing fee | Up to 3% of the loan amount |
SMFG India offers home loans up to 90% of the property’s value to salaried as well as self-employed individuals for purchase, construction or improvement of a home. Fullerton India Home Loan interest rates start from 7.99% p.a. and tenure extends up to 30 years.
You can also use Loan Prepayment Calculator to find out how much you will save on interest and how it affects your Loan EMI.
Shubham Housing Development Finance Company Limited
| Loan amount | Up to Rs. 50 Lakhs |
|---|---|
| Rate of interest | 9.75% - 20.00% |
| Tenure | Up to 30 years |
| Processing fee | 3% of the loan amount |
Shubham HDFCL offers home loans up to Rs. 50 Lakhs to salaried and self employed customers for up to 20 years. The interest rate ranges from 9.75% - 20.00% p.a. You can apply for the online or offline as per your preference.
Top Housing Finance Companies FAQs
A home loan is a credit facility for the purchase/ construction/ renovation/ extension of a house. The property in the deal acts as collateral and therefore home loans are secured loans. The interest rate is also attractive and tenure can go up to 30 years.
To be eligible to apply for a home loan in India, the applicant needs to prove their repayment capacity. Factors such as age, income, employment status, residence city, and property value are considered by lenders to assess the eligibility of a borrower.
You can improve your home loan eligibility by adding a co-applicant, presenting proof of other income sources to the lender, and increasing your credit score.
Your income is one of the most important factors to determine your home loan eligibility. Using a home loan EMI calculator is the easiest way to know your loan eligibility. Your monthly instalment amount should not be above 40-50% of your take home income.
The list of documents required for a home loan mainly includes address proof, identity proof, 2 passport size photographs, income proof, business proof (if applicable), and property documents.
Yes, you can prepay your home loan without any penalty. There is no penalty for prepayment of home loan linked to floating interest rates. Some lenders may charge a penalty for prepayment of fixed interest rate home loans.
Under Section 80C of the Income Tax Act 1961, a borrower is eligible to avail tax deduction of up to Rs. 1.5 Lakh on home loan principal repayment in a financial year and under Section 24B, the borrowers get tax exemption of up to Rs. 2 Lakhs on interest repayment in a financial year. Under Section 80EE, a first time borrower is eligible for additional interest tax benefit of Rs. 50,000.
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