Home Purchase Loan Overview
LoanPao’s home purchase loan in India 2025 helps you buy your dream home with competitive rates starting at 8.4% p.a., loans up to ₹15 crore, and tenures up to 30 years. Partnered with 500+ RBI-compliant banks and NBFCs, LoanPao ensures a seamless process with tax benefits under Section 80C and 24(b). Whether it’s an apartment or villa, our platform simplifies homeownership.
For other home financing needs, explore our Home Renovation Loan or Home Loan Balance Transfer.
Benefits of Home Purchase Loan
Low Interest Rates
Rates from 8.4% p.a., saving you lakhs over the loan tenure.
Long Tenure
Repay over up to 30 years for affordable EMIs.
Tax Benefits
Save up to ₹3.5 lakh annually under Section 80C and 24(b).
Eligibility Criteria
| Criteria | Details |
|---|---|
| Age | 21–60 years (65 at loan maturity) |
| Residency | Indian citizen with valid KYC |
| Income | Minimum ₹3 lakh p.a. (salaried/self-employed) |
| CIBIL Score | 750+ with good credit history |
| Property Type | Residential (apartment, villa, plot) |
Check your eligibility with our CIBIL login tool.
Documents Required
- Identity Proof: Aadhaar, PAN, Passport
- Address Proof: Utility bill, Aadhaar
- Income Proof: Salary slips (3 months), ITR (2 years)
- Property Documents: Sale agreement, title deed
- Bank Statement: Last 6 months
How to Apply
- Fill out the online application.
- Submit KYC, income, and property documents.
- Compare offers from 500+ lenders.
- Complete property valuation and verification.
- Sign agreement and receive disbursal in 7–15 days.
Apply now or call +91-971-769-5334.
Compare Home Purchase Loan Providers
| Provider | Interest Rate (p.a.) | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| Bank A | 8.4–9% | ₹10 lakh–₹10 crore | 5–30 years | 0.5–1% |
| Bank B | 8.6–9.5% | ₹5 lakh–₹15 crore | 5–25 years | 0.75–1.25% |
| NBFC C | 9–10% | ₹5 lakh–₹7 crore | 5–20 years | 1–2% |
Frequently Asked Questions
A home purchase loan is a mortgage to buy a residential property, offering funds up to ₹15 crore with tenures up to 30 years.
Indian residents aged 21–60, with a CIBIL score of 750+, and minimum income of ₹3 lakh p.a. (salaried/self-employed) are eligible.
Benefits include low interest rates (8.4% p.a.), long tenures (up to 30 years), tax benefits under Section 80C, and flexible EMIs.
Required documents include Aadhaar, PAN, income proof (salary slips/ITR), property papers, and bank statements.
Approval typically takes 7–15 days, including document verification and property valuation.