Home Loan in Chennai – Compare Interest Rate Starting From 8.35% Onwards

 

(Updated on 02.11.17) Home Loan in Chennai November 2017Compare Interest Rates from top 20 Banks & Housing Finance Companies and get quotes on home loan on the basis of ✓ Interest Rate ✓ Eligibility ✓ Loan Tenure ✓ Processing Fee & more.

HOME LOAN IN CHENNAI – INSTANT QUOTES ONLINE

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Home Loan In Chennai

Chennai also known as Madras, located on the Coromandel Coast of the Bay of Bengal in eastern India, is the capital of Tamil Nadu. Chennai is a commercial and industrial hub. It is also known as the automobile capital of India and is home to a majority of India’s automobile industry.

Everyone needs a roof on their head to lead a comfortable life and happy life with his/her family. Having your own home in such a beautiful city may be your quite awaited wish. But, sometimes you cannot fullfill your wish due several restrictions such as getting a proper location, proper amenities, financial crisis, etc. Home loan in Chennai is the best idea to rely on if you are planning to build a house or  to buy a flat. Several banks and HFCs in Chennai provides home loan according to an individual needs.

As different banks offers different interest rates and also have different policies of providing home loan, therefore, sometimes it’s difficult to choose in which bank an individual should apply for a home loan. But, now you don’t have to worry any more, because at loansninsurances.com we have provided the list of top banks according to their interest rates, charges and home loan products.

Home Loan in Chennai Interest Rates

Every bank has its own interest rates according to their policy. Some banks provide home loan at lower interest rates and some at higher interest rates. An individual can choose the bank for home loan according to his choice and requirement. List of top banks offering home loan in Chennai is as follows:

Bank Name Interest Rates
Bank of Baroda 8.35% – 8.55%
Central Bank of India 8.50%
DHFL 8.60% – 8.70%
SBI – State Bank Of India 8.60% – 8.65% (For Women), 8.65% – 8.70% (For Others)
HDFC Ltd 8.50% – 9.00%
ICICI Bank 8.65%
Allahabad Bank 8.85%
Andhra Bank 9.50% – 9.70%
AXIS Bank 8.65%
Bank of India 8.65% – 8.70%
Bank of Maharashtra 8.95% – 9.05%
Canara Bank 8.65% – 8.75%
Citibank 8.80%
Corporation Bank 8.85%
Dena Bank 8.55% – 8.80%
Deutsche Bank 10.50%
Development Credit Bank 10.60%
Dhanalakshmi Bank 10.35% – 10.60%
Edelweiss 10.50%%
Federal Bank 9.57% – 9.82%
GIC Housing Finance 10.25%
Gruh Finance Limited 9.75% – 15.25%
HSBC Bank 8.85%
IDBI 8.55% – 8.60%
India Infoline Housing Finance Ltd. 9.55% – 10.50%
Indiabulls Housing Finance Limited 8.65%(For Women) – 8.70%(For others)
Indian Bank 8.60%
Indian Overseas Bank 8.65% – 8.90%
Indusind bank 10.60%
Karnataka Bank 9.50% – 9.75%
Kotak Bank 8.75%
L&T Housing Finance 9.65% – 10.25% (for Salaried/ SEP) 9.65%-10.50%(SENP)
LIC Housing 8.50% – 8.70%
Oriental Bank of Commerce 8.60% – 8.70%
PNB Housing Finance 8.50% (for Salaried/ SEP for first 12 Months) 9.10% (For SENP for first 12 months)
Punjab National Bank 8.65% – 8.75%
Reliance Home Finance Private Ltd. 10.60%
Shriram housing finance 15.00%
Shubham Housing Development Finance Company 12%-14%(For Salaried) – 15%-17%(For Self-employed)
Standard Chartered 9.35%
State Bank of Travancore 9.20% – 9.45%
Syndicate Bank 8.75%
Tata capital Housing Finance ltd 8.65%(For Women) – 8.90%(For Others)
UCO Bank 8.75% – 8.90%
Union Bank of India 8.75% – 8.80%
United Bank of India 8.80%
Vijaya Bank 8.90%
SRG Housing Finance 15% to 30%

Home Loan In Chennai EMI Calculator

Home Loan In Chennai EMI Calculator

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Home Loan in Chennai Eligibility Criteria

The documentation for Home loan varies from individual to individual. The requirements are based on your profession, income and loan requirement.

Bank Name Age Income Maximum Loan Guarantor Required BT option Work experience
SBI Bank 18-70 years Min.10,000 p.m Up to 90% cost of property Yes Yes Not required
HDFC Ltd 21-60 years Min. 15,000 p.m Up to 80% cost of property No Yes Not required
ICICI Bank 18-60 years Min. 15,000 p.m 80% cost of property No Yes Not required
Axis Bank 21 years Min. 10,000 p.m Up to 80% No Yes Not required
CITIbank Minimum age should be 23 years NA Up to 10 crore Yes Yes Upto 2 years
DHFL Bank Minimum age should be 21 years Min. 15,000 p.m. Up to 5 crore No Yes 2 years
LIC HFC 18-60 years 1,80,000 p.a 80% of cost of property Yes Yes 2 year
Bank of Baroda 21-60 years Upto 20,000 p.m Up to 80% of cost of property No Yes Not required

Home Loan in Chennai Documents Required

For salaried person For self-employed
Application form with photograph Application form with photograph
KYC documents KYC documents
Form 16(ITR) Form 16(ITR)
Last 3 months salary slip Residence Proof
Last 6 months bank statements Last 6 months bank statements
Residence Proof Proof of business existence
  Last 2 years profit/loss statements
  Last 3 years income tax returns

How to apply for Home loan in Chennai?

An individual can easily apply for Home loan in Chennai through Loansninsurances.com. Please log on to the registration page of the website and enter the required details and submit the requisite documents online. Both existing and new customer can apply for the home loan. You can compare Home loan interest rates of different banks on Loansninsurances.com.

Home Loan in Chennai – Bank Branch, Contact Address

State Bank of India- List of Branches
Plot No. 1157, Door No. 137, 6th Avenue, Anna Nagar(west), M Chennai. Tamil Nadu-600040
241,ttk Road Alwarpet Chennai,600018
1st Floor,ag-1,shanti Colony,anna Nagar,chennai,chennai City, 600040
73b73c,mth.road,chennai,pin.600053
Plot No 6577, Lig Type Ii, Ayapakkam, Chennai.tamil Nadu – 600077
Railway Station Road,chennai,chinglepet Distchingleput, 600016
No.374, Anna Salaireasury Branch,3rd Floorthousand Lights, Chennai
B-58, 70 Feet Road, Chennai Jawaharnagar Chennai, Chennai Citypin – 600082
Munusamy Salai, Sector 12, KK Nagar, Chennai, Tamil Nadu 600083
No.103,annasalai,chennai, Pin 600002
1055 B Munusamy Salai,k.k Nagar West,chennai,pin – 600078
103 A Anna Salai 7th Floor Chennai Tamilnadu Pin 600002
Tamilnad Mercantile Bank- List of Branches
20, Gollawar Agraharam Road, Old Washermenpet, Chennai – 600021 Tamilnadu
194, Anna Pillai Street, George Town, Chennai – 600001 Tamilnadu
25, Venkatnarayana Road, T.Nagar, Chennai – 600017 Tamilnadu
688 – Anna Salai, Seethakathi Chambers, Chennai – 600006
353.Ttk Road, Royapettah, Chennai – 600014 Tamilnadu
327 – 328, Poonamalle High Road, Aminjikarai, Chennai – 600029 Tamilnadu
17 – Shanmugam Street, Tambaram, Chennai – 600045 Tamilnadu
42, Paper Mills Road, Perambur, Chennai – 600011 Tamilnadu
3, Thiruvalluvar Salai, Thiruvanmiyur, Chennai – 600041
Ac – 16, Ii Avenue, Anna Nagar West, Chennai – 600040 Tamilnadu
Panjab National Bank- List of Branches
C P Ramaswamy Road, Chennai, Tamil Nadu 600018
Currency Chest Back Office 35, Mint Street,chennai Tamilnadu 600079
39, 1st Floor, Karuneegar Street, Adambakkam, Distt. Kancheepuram, Chennai, Tamil Nadu 600088
R45 120 Ft Indl Estate Road Thirumangalam Tamil Nadu 600037
7, Clc Works Road,chrompet, Chennai Tamil Nadu 600044
50,singarachary Street Triplicane,chennai Tamilnadu- 600005
2. (old No.3), Rajarajan Street Ekkattuthankal, Chennai Tamilnadu 600097
4 By 2, First Floor, Nolambur Main Road, West Mogappair, Chennai 37
Bank of Baroda- List of Branches
Anu Arcade No 1, 15th Cross Street, Sastri Nagar, Adayar, Chennai, Tamilnadu – 600 020
Corporate Financial Services Branch, Chennai, Tamil Nadu
T Nagar. Branch,15 Gopalakrishna Street, T Nagar,chennai,600017
Tambaram Branch,3,duraisamy Reddy Street Tambaram Chennai,,600045
Sri Sai Nagar,10 Kaliamman,koil Street,virugambakkam,chennai,tamilnadu – 600092.
Choolaimedu Branch,sjm House,52,nelson Manickam Road,choolaimedu,chennai,600094
44th St, Krupa Colony, Ashok Nagar, Chennai, Tamil Nadu 600083 1800 22 3344
Andhra Bank- List of Branches
No 30 1st Main Road, Gandhinagar, Adyar, Chennai – 600 020
83, Pantheon Road, Egmore, Chennai – 600 008
168, Lingi Chetty Street, Chennai – 600001
60, Arunachalam Road, Saligramam, Chennai – 600 093
A1, Senthil Towers, I Avenue, Ashok Nagar, Chennai 600083
168 Linghi Chetty Street, Chennai 600001
115, Arcot Road, Valasaravakkam, Chennai 600087
Canara Bank- List of Branches
No.563/1, Anna Salai(G Floor),, Teynampet, Chennai – 600018,
Spencer Towers-I, Gr.Floor,, P.B.No.3715,770-A, Anna Salai ,, Chennai 600002
P.B.No.2019, 131, A N Street, George Town, Chennai 600 079
P.B.No.3007,, 207 Purusawalkam High Road, Chennai 600007
Pb 307,110,General Patters Rd, Chennai 600 002,
United Bank of India- List of Branches
1513-E, East Main Road, Anna Nagar, Western Extension, Chennai – 600101, Tamilnadu
117, Post Box No-8270, Armenian Street, Chennai – 600001
Arul Manai Building, No.27 Whites Road, Chennai – 600014,
117, Kutchery Road, Mylapore, Chennai – 600004, Tamilnadu
141, Kodambakkam High Road, Nungabakkam, Chennai – 600034, Tamilnadu
Arul Manai Building, No-27, Whites Road, Chennai – 600014
118, R.K.Math Road, Mylapore, Chennai – 600004, Tamil Nadu
LIC Housing Finance Limited- List of Branches
38, Anna Salai Anna Salai Chennai, Tamil Nadu 600002
No.38/15, 3rd Floor, South India Co-operative Bldg Ellis Rd, Mt Rd, Anna Salai, Triplicane Chennai, Tamil Nadu 600002
Towers Club 3rd Main Rd, Anna Nagar Chennai, Tamil Nadu
No.94, 7th Block, Kaviarasu Kannadasan Nagar,Kodungaiyur,Chennai, Tamil Nadu 600118
Lic Housing Finance Ltd No. 14, Kuppiers Street, Kondithope George Town Chennai, Tamil Nadu 600079

HDFC Bank > PS Siva Swamy Rd, Mylapore, Chennai, Tamil Nadu 600004

Citibank > Jawaharlal Nehru Rd, Balaji Nagar, Ekkatuthangal, Chennai, Tamil Nadu

HSBC Bank > No 5 & 7, Rajalakshmi,Cathedral Road, Chennai, Tamil Nadu 600004

ING Vysya Bank > Shop No.5, Venkatanarayana Rd, T Nagar, Chennai, Tamil Nadu 600017

ICICI Bank > Bazullah Road, Theyagaraya Nagar, Chennai, Tamil Nadu 600017

Fullerton India > National Highway 4, Pallavan Nagar, Maduravoyal, Chennai, Tamil Nadu 600095

IDBI Bank > 117, Nelson Manickam Road, Rajaram Mehta Nagar, Aminjikarai, Chennai, Tamil Nadu 600029

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Compare best Home Loan Interest Rate on the basis of ✓ Eligibility ✓ Lowest Home Loan Emi ✓ Processing Fee ✓ Application Procedure of top leading banks in Chennai. Apply for Home Loan in Chennai at Loansninsurances.com.