Question 1

What is the current home loan interest rate in India?

Accepted Answer

Home loan interest rates in India range from 8.25% to 9.5% (as of 2026), depending on the bank, loan amount, and borrower profile. SBI, HDFC Bank, and ICICI Bank typically offer competitive rates for salaried professionals.

Question 2

How much home loan can I get based on my salary?

Accepted Answer

Banks typically offer home loans up to 60 times your monthly net salary for salaried individuals. Your EMI should not exceed 40-50% of your monthly income. Other factors like existing EMIs, credit score, and property value also affect eligibility.

Question 3

What is the maximum tenure for a home loan in India?

Accepted Answer

Most banks offer home loans with a maximum tenure of 30 years, subject to the borrower's age at loan maturity (usually 60-65 years for salaried, 65-70 for self-employed). Longer tenures reduce EMI but increase total interest paid significantly.

Home Loan EMI Calculator

Home Loan EMI Calculator