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₹ 25 Lakh Home Loan

Apply Online for ₹ 25 Lakh Home Loan

Last Updated 05th Dec 2021

  • Home loans up to ₹ 25 Lakh are offered to all Indian residents above 18, whether salaried or self employed.
  • You can apply for a ₹ 25 Lakh home loan, both offline and online.
  • EMI on home loan depends on loan amount, interest rate and tenure. Calculate ₹ 25 Lakh Home Loan EMI ₹ 25 Lakh home loan EMI using the MyLoanCare home loan calculator.
Interest rates6.50% p.a Check Best Offers
Minimum Income
  • ₹ 25,000 for salaried employees
  • ₹ 40,000 for self-employed
Age18 years to 70 years
Processing FeesNil to upto 0.5%
Apply for Home Loan @ 6.50%* Get upto ₹ 1,000* Cashback

Home Loan Upto ₹ 25 Lakh

You can buy a flat, builder's floor, constructed house or plot up to ₹ 25 Lakh by applying for a ₹ 25 Lakh home loan from a bank or NBFC. These lenders offer home loans at a competitive interest rate which starts from 6.45% and goes up to 0.00%. Based on the interest rate and tenure you can check ₹ 25 Lakh home loan emi. To avail this loan, as per your borrowing eligibility, you need to first ensure meeting all home loan eligibility parameters. For this, you can use MyLoanCare Home Loan Eligibility Calculator.

Home Loan EMI Calculation for Loan Amount Lower than ₹ 25 Lakh

Loan AmountTenureInterest rateEMI
₹ 24 Lakh home loan emi10 year6.50%₹ 27,252
₹ 23 Lakh home loan emi10 year6.50%₹ 26,116
₹ 22 Lakh home loan emi10 year6.50%₹ 24,981
₹ 21 Lakh home loan emi10 year6.50%₹ 23,845

Eligibility Criteria for Home Loan of ₹ 25 Lakh

You need to fulfil the following eligibility criteria to get a ₹ 25 Lakh home loan:-

  • You must be an Indian resident.
  • You can apply whether you are salaried, self-employed or businessman.
  • If you are salaried, you should be above 18 years and below 70 years.
  • If self-employed you should be in between 18 years to 70 years.
  • You should be earning minimum ₹ 25,000 if salaried and should have a minimum of last three years ITR’s.
  • If you own a business it must be running for at least five years.
  • Your credit score should be above 650.

Interest Rates for ₹ 25 Lakh Home Loan

Bank NameInterest Rates
Kotak Bank
Yes Bank
Standard Chartered Bank
Karur Vysya Bank
RBL Bank
GIC Housing Finance

₹ 25 Lakh Home Loan EMI with Different Tenure

₹ 25 Lakh home loan emi is calculated using ₹ 25 Lakh home loan emi calculator. The following is a calculation of EMI for different tenure at the lowest home loan interest rate of 6.50% per annum.
₹ 25 Lakh Home Loan EMI For 5 years

Loan Amount₹ 25 Lakh loan emi for 5 years
₹ 25 Lakh₹ 48,915

₹ 25 Lakh Home Loan EMI For 10 years

Loan Amount₹ 25 Lakh loan emi for 10 years
₹ 25 Lakh₹ 28,387

₹ 25 Lakh Home Loan EMI For 15 years

Loan Amount₹ 25 Lakh loan emi for 15 years
₹ 25 Lakh₹ 21,778

₹ 25 Lakh Home Loan EMI For 20 years

Loan Amount₹ 25 Lakh loan emi for 20 years
₹ 25 Lakh₹ 18,639

Documents Required to Get Home Loan Up to ₹ 25 Lakh

You need to submit the following documents to get a home loan up to ₹ 25 Lakh

  • Application form with passport size photographs.
  • Identity proof- PAN Card and Aadhar card (mandatory).
  • Address proof- Passport, Aadhaar card, voter ID card, landline bill, registered rent agreement, driving license, bank statement or passbook or utility bill.
  • Property documents- Registered Sale Deed/ Conveyance/ Lease Deed, Builder buyer agreement, receipts of payment made, allotment letter, House tax return.
  • Income proof for Salaried- Last three years Form 16, last six months salary slip, last six months bank account statement.
  • Income proof self employed/business man- Last three years ITR (self and business), profit and loss account, balance sheets certified/audited by a CA.
  • Business proof- Certificate and Proof of Business Existence and Business Profile.

Steps to Apply for Home Loan Up to ₹ 25 Lakh

You can avail home loans up to ₹ 25 Lakh by visiting the nearest bank branch with whom you want to avail a loan or login to the official website of a lender. Here is a step-by-step guide to help you avail of a home loan up to ₹ 25 Lakh through MyLoanCare:

  • Step 1: You can visit the official website of MyLoanCare.
  • Step 2: Go to the Home Loans option or fill the above form.
  • Step 3: Fill in the form with necessary details like name, pin code, phone number, loanamount, and company name.
  • Step 4: Click on ‘Get Quote’ and enter the OTP received on your mobile phone, which you have entered in the form
  • Step 5: Click on ‘Submit’
  • Step 6: A new page will open where you are asked a few more questions like property selected, area of property etc.
  • Step 7: Click ‘Get Offers’.
  • Step 8: You will get the offers as per your eligibility.
  • Step 9: MyLoanCare’s executive will contact you within some time and help you with the other process.


Which bank is best for a Home Loan of up to ₹ 25 Lakh?

If you want to avail of a home loan for up to ₹ 25 Lakh , you can apply with HSBC Bank and Kotak Bank as they offer the lowest home loan rate of 6.45% and 6.55%. As per customer service, DCB Bank offers the best home loan service with average customer rating of 5/5.

Can I get a ₹ 25 Lakh home loan without collateral?

Availability of a ₹ 25 Lakh home loan without collateral is not possible because a home loan is a secured loan. Thus, in case of a home loan, mortgaging a house is mandatory.

What are the factors that affect EMI of ₹ 25 Lakh Home Loan?

Factors like interest rate and tenure will affect the EMI of ₹ 25 Lakh home loan. Higher the interest rate, higher the EMI and vice versa. Whereas, if tenure is higher, EMI will be less, and if tenure is short, EMI will be more.

What is the Interest Rates for ₹ 25 Lakh Home Loan EMI SBI?

The interest rate for ₹ 25 Lakh home loan in SBI is 6.65% pa for 30 years. So, with this interest rate, the sbi home loan ₹ 25 Lakh emi for 10 years will ₹ 28,578.

Can I avail income tax benefits on a ₹ 25 Lakh house loan?

Yes, you can avail of income tax benefit on a ₹ 25 Lakh house loan under section 80EE of the Income Tax Act. Under the act, you can claim an additional deduction of up to ₹ 50,000 for the interest payment of the home loan if you have availed a home loan for an amount less than ₹ 35 Lakh and the value of the property is within ₹ 25 Lakh.

What is the maximum tenure of a ₹ 25 Lakh home loan?

Home loan tenure of every bank is different, but generally, you can take a loan for minimum 1 years and maximum 30 years. However, select the home loan tenure carefully because it has a significant impact on your EMI.

How can I use a ₹ 25 Lakhs home loan emi calculator?

Home loan EMI calculators are easy to use. For example, if you are using the MyLoanCare EMI calculator, you need to fill out the loan amount, applicable interest rate, and tenure. Once all these inputs are filled, the EMI, principal amount, interest amount and the total loan amount will be displayed within a few seconds.

What is a ₹ 25 Lakh home loan EMI for 10 years?

The ₹ 25 Lakh home loan EMI for 10 years will not be the same for everyone because of varied interest rates. For example, Mr A’s interest rate is 6.70% with SBI bank; in this case, EMI will be ₹ 28,642. Whereas, Mr B’s EMI will be ₹ 29,285 because he has taken a home loan from another bank at an interest rate of 7.20% pa.

What is SBI home loan emi per lakh for 25 years?

SBI offers home loans at an interest rate of 6.65% to 10.50%. SBI home loan emi per lakh for 25 years at a minimum interest rate of 6.65% for 30 years will be ₹ 17,115.

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*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources. Read More
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