20,00,000 people visited this section in last 30 daysApply Online

Get Cashback of Upto ₹ 1,000* on Home Loan Apply Online

MyLoanCare Customer Ratings - 4.5/5.0 Apply Online

Housing Finance Companies 2021

Top 10 Housing Finance Company List

Last Updated 26th Jul 2021

  • Get Lowest home loan from top 10 housing finance companies in India starting at 6.65%.
  • Currently, LIC Housing Finance offers 6.66% lowest home loan rate.
  • You can avail a home loan for a maximum tenure of 30 Years from top Housing Finance Companies in India.
Housing Finance Company Housing Finance Interest Rates Lowest Processing Fee
HDFC 6.75% 0.50%, Min ₹ 3,000 and
PNB Housing Finance 7.35% 0.50%, Min ₹ 10,000
LIC Housing Finance 6.66% Min ₹ 10,000 to
Apply for Home Loan @ 6.65%* Get upto ₹ 1,000* Cashback

Top Housing Finance Companies in India 2021

Housing Finance Company Housing Finance Interest Rates Lowest EMI Per Lakh Processing Fee
HDFC 6.75% ₹ 6490.50%, Min ₹ 3,000 and
PNB Housing Finance 7.35% ₹ 6890.50%, Min ₹ 10,000
LIC Housing Finance 6.66% ₹ 643 Min ₹ 10,000 to
Indiabulls 8.65% ₹ 8151.00%
IIFL 8.45% ₹ 7651.25%
Piramal Housing Finance 9.00% ₹ 8050.10%
GIC Housing Finance 10.25% ₹ 982 Min ₹ 2,500
Sundaram Home Finance 6.95% ₹ 772NIL
LT Housing Finance 7.70% ₹ 7132.00%, Min ₹ 4,999

Top Home Loan Finance Companies in India

Housing Finance Companies are part of Non-Banking Financial Institutions registered under the Companies Act, 1961 and provide finance for purchasing, constructing, renovating or for extension of house for a maximum tenure of 30 years. Along with providing a range of home loan products, home loan companies may also provide other financial products such as the loan against property and investments such as fixed deposits and much more. Here is a list of top housing finance companies in India that provides a range of home loan products at attractive home loan interest rates starting at 6.66%.

Refer the Home loan finance company list of top home finance companies in India:

  • HDFC
  • PNB Housing Finance
  • LIC Housing Finance
  • Indiabulls
  • IIFL
  • Tata Capital
  • Piramal Housing Finance
  • GIC Housing Finance
  • Sundaram Home Finance
  • LT Housing Finance

Housing Development Finance Corporation Ltd

Housing Development Finance Corporation or HDFC is one of the leading housing finance companies in India. It offers a range of housing loan products for the purchase of a flat, home construction, extension or improvement starting at 6.75%. It charges a processing fee of up to 0.50%, Min ₹ 3,000 and on its HDFC home loan. Along with that, it also provides home loans at discounted rates to its female borrowers at 0.50% below the normal home loan rates.

Below-mentioned is the table for the HDFC home loan interest rates.

Loan AmountHDFC Home Loan Floating RateRate for Female Borrower
Upto ₹ 30 Lakh6.80%6.75%
₹ 30 Lakh - ₹ 70 Lakh7.05%7.00%
₹ 70 Lakh - ₹ 2 Cr7.05%7.00%
Above ₹ 2 Cr7.15%7.10%

Home Loan Products: Various home loan products as offered by HDFC are mentioned below:

  • Plot loan TruFixed
  • HDFC Home Improvement Loans
  • HDFC Home Extension Loan
  • HDFC Plot Loans
  • HDFC Short Term Bridging Loan
  • Rural Housing Finance
  • HDFC Reach Home Loans
  • HDFC Home Loan Top Up

PNB Housing Finance

PNB Housing Finance provides home loans starting at 7.35% along with a processing fee of up to 0.50%, Min ₹ 10,000. Borrowers can avail a PNB home loan with a maximum tenure upto 30 years if they are at least 21 years in age.

Below-mentioned are PNB Housing Finance Interest Rate on Home Loans.

Loan AmountPNBHFL Home Loan Floating Rate
Upto ₹ 30 Lakh7.35%
₹ 30 Lakh - ₹ 50 Lakh7.70%
₹ 50 Lakh - ₹ 1.50 Cr7.70%
Above ₹ 1.50 Cr7.70%

Home Loan Products: Various home loan products as offered by PNB Housing Finance are mentioned below:

  • Residential Plot Loans
  • Unnati Home Loan

LIC Housing Finance

The home loan provided by LIC Housing Finance starts at 6.66%. It also charges a processing fee of up to Min ₹ 10,000 to on its LIC home loan. To apply for a home loan from LIC Housing Finance, the applicants should be between 21 years to 60 years for Salaried 65 years for Self Employed .

The table below mentions the varying LIC home loan interest based on home loan amount:

Loan AmountLIC Housing Finance Home Loan Floating Rate
Upto ₹ 50 Lakh6.66%
₹ 50 Lakh - ₹ 1 Cr6.90%
₹ 1 Cr - ₹ 3 Cr6.90%
Above ₹ 3 Cr6.90%

Indiabulls

Home loan borrowers can get home loans starting at 8.65% along with a processing fee ranging from 1.00% from Indiabulls. To avail a home loan, the borrowers should have a minimum age of 23 years .

The table below mentions the varying indiabulls home loan interest based on the home loan amount:

Loan AmountIndiabulls Home Loan Floating Rate
Upto ₹ 30 Lakh8.65%
₹ 30 Lakh - ₹ 75 Lakh8.65%
₹ 75 Lakh - ₹ 1 Cr8.65%
Above ₹ 1 Cr8.65%

Home Loan Products: Various home loan products as offered by Indiabulls are mentioned below:

  • Indiabulls e-home loans

IIFL

IIFL offers home loans starting at 8.45% for a tenure upto 30 years. It also charges a processing fee upto 1.25% on the home loan. To avail, home loan borrowers must be at least 18 years .

The table below mentions the varying home loan interest based on the IIFL home loan amount:

Loan AmountIIFL Home Loan Floating Rate
Upto ₹ 28 Lakh8.45%
₹ 28 Lakh - ₹ 75 Lakh8.45%
₹ 75 Lakh - ₹ 2 Cr8.45%
Above ₹ 2 Cr8.45%

Home Loan Products: Various home loan products as offered by IIFL are mentioned below:

  • New Home Loan
  • Swaraj Home Loan
  • Home Improvement Loan
  • NRI Home Loan
  • Balance Transfer

Tata Capital Home Finance

The home loan provided by Tata Capital starts at %. It also charges a processing fee of upto on its home loan. To apply for a home loan from Tata Capital, the applicants should be between years to years .

The table below mentions the varying Tata Capital home loan interest based on the home loan amount:

Loan AmountTata Capital Home Loan Rate
Upto ₹ 20 Lakh6.90%
₹ 20 Lakh - ₹ 75 Lakh6.90%
₹ 75 Lakh - ₹ 5 Cr6.90%
Above ₹ 5 Cr6.90%

Home Loan Products: Various home loan products as offered by Tata Capital are mentioned below:

  • New Home Loan
  • Home Expansion Loan
  • Balance Transfer

Piramal Housing Finance

Piramal Housing Finance offers home loan products starting at 9.00%. It also charges a processing fee of upto 0.10% on a home loan for a maximum tenure upto 30 years. To avail a home loan, borrowers must be at least 23 years .

The table below mentions the varying Piramal home loan interest based on the home loan amount:

Loan AmountPiramal Housing Home Loan Floating Rate
Upto ₹ 50 Lakh9.00%
₹ 50 Lakh - ₹ 75 Lakh9.00%
₹ 75 Lakh - ₹ 30 Lakh9.00%
Above ₹ 30 Lakh9.00%

Home Loan Products: Various home loan products as offered by Piramal Housing Finance are mentioned below:

  • Home Purchase Loan
  • Home Construction Loan

GIC Housing Finance

The home loan provided by GIC Housing Finance starts at 10.25%. It also charges a processing fee of up to Min ₹ 2,500 on its home loan. To apply for a home loan from GIC Housing Finance, the applicants should be between 21 years to 60 years for Salaried 65 years for Self Employed .

The table below mentions the varying GIC home loan interest based on the home loan amount:

Loan AmountGIC Housing Finance Home Loan Floating Rate
Upto ₹ 25 Lakh10.25%
₹ 25 Lakh - ₹ 75 Lakh10.25%
₹ 75 Lakh - ₹ 1.50 Cr10.25%
Above ₹ 1.50 Cr10.25%

Home Loan Products: Various home loan products as offered by GIC Housing Finance are mentioned below:

  • Individual Housing Loans
  • Composite Housing Loans
  • Repairs and Renovation Loans
  • Home Extension Loans
  • Pradhan Mantri Awas Yojana

Sundaram Home Finance

Home loan borrowers can get home loans starting at 6.95% along with a processing fee ranging from NIL from Sundaram Home Finance. To avail a Sundaram home loan, the borrowers should have a minimum age of 21 years .

The table below mentions the varying Sundaram home loan interest based on the home loan amount:

Loan AmountHome Loan Rate
Upto ₹ 30 Lakh6.95%
₹ 30 Lakh - ₹ 75 Lakh6.95%
₹ 75 Lakh - ₹ 2 Cr6.95%
Above ₹ 2 Cr6.95%

Home Loan Products: Various home loan products as offered by Sundaram Home Finance are mentioned below:

L&T Housing Finance Limited

LT Housing Finance offers home loan products starting at 7.70%. It also charges a processing fee of up to 2.00%, Min ₹ 4,999 on an LT home loan for a maximum tenure upto 30 years. Borrowers must be at least 23 years for Salaried 25 years for Self Employed if they want to avail a home loan from LIC Housing Finance.

The table below mentions the varying L T finance home loan interest based on the home loan amount:

Loan AmountL and T Finance Home Loan Floating Rate
Upto ₹ 30 Lakh7.70%
₹ 30 Lakh - ₹ 75 Lakh7.70%
₹ 75 Lakh - ₹ 3 Cr7.70%
Above ₹ 3 Cr7.70%

Home Loan Products: Various home loan products as offered by LT Housing Finance are mentioned below:

FAQs

What is housing finance?

The term 'Housing finance' means financing for the purchase or construction or renovation, or repairs of residential properties.You can avail housing finance from top banks or mortgage companies in India.

Which is the best finance company in India?

As per the current rates, LIC Housing Finance offers the lowest home loan interest rates starting at 6.66%. The borrowers also have to pay a processing fee upto Min ₹ 10,000 to on a home loan.

How many housing finance companies are there in India?

There are around 100 housing finance companies that are registered in India. Top housing finance companies in India that provide home loans at lowest rates include HDFC, PNB Housing Finance and Tata Capital Home Finance etc.

What are housing finance companies?

Housing Finance companies are non-banking financial institutions registered under Companies Act, 1961 and primarily provide finance for purchasing home, construction of house, improvement or extension of house etc.

What are the largest housing finance companies in India?

Below-mentioned are some of the largest housing finance companies in India:

  • HDFC Housing Finance.
  • LIC Housing Finance Ltd.
  • Indiabulls Housing Finance Ltd.
  • ICICI Home Finance.

Which company is best for home loan finance?

As per the current rates, LIC Housing Finance offers the lowest home loan interest rates starting at 6.66% and can be considered as the best housing finance company.

Which NBFC provides the cheapest home loan?

As per the current rates, LIC Housing Finance, offers the cheapest housing loan interest rates starting at 6.66%. LIC Housing Finance charges Min ₹ 10,000 to processing fee on home loans.

How can I get a 100% home loan?

You cannot avail a 100% home loan from any financial institution including a bank or a housing finance company. The financial institutions provide a maximum of 90% of the value of property as a home loan.

Can I get a 30 lakh home loan?

Yes, you can get upto 90% of the value of the property as a home loan depending on various home loan eligibility factors such as profession, income, CIBIL score etc.

Notification ×
  • Home Loan

    Home Loan at all-time low rates starting at 6.65%. Cashback of up to ₹ 1,000.

    Apply Now
  • Personal Loan

    Instant Personal Loan starting at 10.25% with Cashback of up to ₹ 1,000 .

    Check Offers
  • Gold Loan

    Instant Gold Loan starting at 9.50% with Cashback of up to ₹ 500

    Apply Now
  • Loan Against Property

    Best Loan Against Property Offers starting @ 7.20%. Cashback of up to ₹ 1,000*.

    Apply Now
  • Business Loan

    Collateral Free Business Loan Rates starting at 14.00% with Overdraft facility.

    Apply Now
  • Fixed Deposit

    AAA rated FDs with returns as high as 6.95%.

    Invest Now
*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
Loader
Please wait while your information is being processed...