From 7.85%* p.a.
Home Loan in Surat
Owning your home is one of the biggest decisions you will make. We compare offers from more than 20 banks and housing finance companies, pick the one that fits your income and property, and stay with you until the loan is disbursed.
What you can use it for
- Buy a new or resale flat, bungalow or row house
- Purchase a plot and build a house on it
- Construct a house on land you already own
- Renovate or extend your home
- Transfer your existing home loan to a lower rate (balance transfer)
- Take a top-up loan on your running home loan
Key features
- Tenure up to 30 years for lower EMIs
- Up to 90% of property value financed (as per lender norms)
- Tax benefits on principal and interest under the Income Tax Act
- No prepayment charges on floating-rate loans for individuals
- Joint loans with spouse or family to increase eligibility
ROI & PF
Home Loan interest rates
Indicative starting rates. Your final rate depends on your profile and the lender.
| Bank / NBFC | Rate of interest | Processing fee |
|---|---|---|
| Union Bank of India | 7.85% p.a. onwards | 0.50% of loan amount + GST |
| Central Bank of India | 7.85% p.a. onwards | 0.50%, up to ₹20,000 + GST |
| Bank of Maharashtra | 7.85% p.a. onwards | No processing fee |
| Canara Bank | 7.90% p.a. onwards | 0.50% of loan amount + GST |
| State Bank of India | 8.00% p.a. onwards | 0.35% of loan amount + GST |
| Bank of Baroda | 8.00% to 9.50% p.a. | Depends on loan variant and amount |
| LIC Housing Finance | 8.00% p.a. onwards | 0.25% up to ₹1 crore (max ₹15,000) + GST; slabs above |
| Punjab National Bank | 8.00% p.a. onwards | 0.35% of loan amount |
| Punjab & Sind Bank | 8.15% p.a. onwards | 0.15% to 0.25% of loan amount, capped by slab |
| Saraswat Bank | 8.15% p.a. onwards | ₹2,500 + GST onwards |
| IDBI Bank | 8.25% p.a. onwards | 0.50% of loan amount |
| Tata Capital | 8.25% p.a. onwards | ₹5,000 + GST |
| Bank of India | 8.40% p.a. onwards | Depends on loan variant and amount |
| Karur Vysya Bank | 8.45% p.a. onwards | ₹2,500 + GST onwards |
| HDFC Bank | 8.50% p.a. onwards | 0.50% of loan amount + GST |
| Aditya Birla Capital | 8.60% p.a. onwards | 1% of loan amount |
| Kotak Mahindra Bank | 8.65% p.a. onwards | 2% of loan amount + GST |
| Bandhan Bank | 8.66% p.a. onwards | Nil |
| Axis Bank | 8.75% p.a. onwards | 1% or min. ₹10,000 + GST |
| IDFC First Bank | 8.85% p.a. onwards | 3% of loan amount |
| Yes Bank | 9.00% p.a. onwards | 1.5% or ₹10,000 + GST |
*Rates are indicative and subject to change by the lender.
Who can apply
- Salaried employees, professionals and self-employed individuals
- Age between 21 and 65 at loan maturity (varies by lender)
- Stable income and a healthy CIBIL score, ideally 700 or above
- Clear, approved property title
Documents required
Salaried
- PAN card and Aadhaar card
- Last 3 months salary slips
- Last 6 months bank statement
- Form 16 or last 2 years ITR
- Property documents and allotment letter
Self-employed
- PAN card and Aadhaar card
- Last 2 to 3 years ITR with computation
- Audited balance sheet and P&L
- Last 12 months bank statement
- Business proof (GST, Udyam, shop licence)
- Property documents
EMI calculator
Know your EMI before you apply
Move the sliders to see your monthly EMI, total interest and total amount payable.
Get the best rateHome Loan across Gujarat
Based in Adajan, Surat, we help customers all over Gujarat by WhatsApp, phone and in person.
- Surat
- Ahmedabad
- Vadodara
- Rajkot
- Gandhinagar
- Bharuch
- Ankleshwar
- Navsari
- Valsad
- Vapi
- Bardoli
- Anand
- Bhavnagar
- Jamnagar
- Junagadh
- Mehsana
FAQs
Home Loan questions
What is the lowest home loan interest rate in Surat right now?
Public sector banks such as Union Bank of India, Central Bank of India and Bank of Maharashtra currently start from about 7.85% p.a. Your actual rate depends on your CIBIL score, income, loan amount and the lender. Rupeemap compares all of them to find your best offer.
How much home loan can I get on my salary?
Most lenders allow an EMI of 50% to 60% of your net monthly income after existing EMIs. Adding a co-applicant such as your spouse can increase the amount. Share your details with us and we will calculate your eligibility across lenders.
Can I transfer my existing home loan to a lower rate?
Yes. A balance transfer moves your outstanding loan to another lender at a lower rate, and you can usually take a top-up loan at the same time. We check whether the saving is worth the switching cost before you move.
Can self-employed people in Surat get a home loan?
Yes. Traders, textile and diamond business owners and professionals regularly get home loans based on their ITR and banking. We match you with lenders that understand self-employed income.
Other loans we arrange
Business Loan
Working capital, machinery, expansion or stock. Unsecured and secured options for traders, manufacturers and professionals.
Learn more →Loan Against Property
Unlock the value of your residential or commercial property for business, education, marriage or any big expense.
Learn more →Used Car Loan
Buy a pre-owned car with easy EMIs, or refinance the car you already own to raise funds.
Learn more →Earn a reward of up to ₹50,000
Know someone who needs a loan? WhatsApp us their name and mobile number. When their loan is disbursed, you get rewarded.
Talk to us
Visit us in Adajan, Surat
- M-8, 2nd Floor, Western Plaza, B/s Bhulka Bhavan School, Adajan, Surat 395009
- +91 88668 88023
- Info@rupeemap.com
- Monday to Saturday, 10 am to 6:30 pm
Are you a Rupeemap partner?
Log in to track your cases, documents and payouts in one place.