r/IndianbankHomeLoans

Sanctioned Loan Amount - 2.6 crore

Disbursed Loan Amount - 2.0 crores

Outstanding Loan Amount - 1.7 crores

Total Home Price - 3.2 crores

Interest Rate - 7.25%

Tenure - 30 years

Pre EMI period - 2028 or delivery, whichever is earlier

Current Savings - 60L

Combined Household CTC - 90L

In-hand pay - 65-70L

How would you go about working on this loan?

Should I sell my investments and focus on getting the loan down to 1.4-1.5 crore or should I remain at this level

Hey. Your home loan advisor from CredWise is back with another update on Home Loan across all the banks. Below are the rates available across the banks we work with.

Today, we are looking at best offers, available in August-2026 with major Indian banks.

1. Bank of Maharashtra - Upto 90% Funding(Under-Construction & Resale)- Roi 7.0% ownwards. OD facility is available.

2. Central Bank of India: 75% funding (Under-Construction + Resale) + Renovation amount 15% extra: 7.0 % ownwards

3. Canara Bank: 75% funding (Under-Construction + Resale) + 15% more as renovation : 7.15% ownwards

4. Bank Of India: upto 90% funding (Under-Construction + Resale) : 7.10% ownwards. OD available but active after handover

5. Bank Of Baroda: Upto 80% funding : 7.20% ownwards. Good roi discount for homebuyers. OD facility available from Day 1.

6. HDFC Bank: 85%-88%% loan on property value (Under-Construction +Resale) :7.15% onwards subject to insurance and approval.

7. ICICI Bank : 80% funding (Under-Construction +, Resale) : 7.30% ownwards. Rate is subject to approval with insurance. OD facility available for underconstruction

8. HSBC bank: 75% funding (Select listed Underconstruction +Resale). Good offers available for transactions above 3CR. Very good for NRIs and HNIs. Other borrower benefits. Dedicated team to Handle transactions above 15cr.

9. Federal Bank: 7.35% ownwards for both underconstruction and resale cases. Good for applicants with lower cibil

Note: We have currently ongoing processing fees offers waived on multiple banks. However, legal+valuation charges may apply if project is unapproved by bank. Apart from this, other discount for igbc, woman co borrower may apply to above your normal home loan rates. For Loan amount above 2cr, we can help you with lower roi irrespective of your cibil/settlement in past.

These are some of the leading top government and private banks with their current offerings. Each bank has its own unique offers and conditions.

With right guidance, you can qualify for lowest offers as per your profile and find a home loan product that suits you.

Share With A Friend Who Is Home Hunting In Bangalore!!

Hi all

Your Home Loan Advisor at Credwise is back with another update on the latest Home loan rate offer currently.

After Bank of Maharashtra now, Central Bank of India has dropped their home loan rate to 7%. This home loan offer comes with following advantages:

✅ Interest rates starting from 7.00% ownwards

✅ Exclusive interest rate benefits for women borrowers

✅ Flexible repayment options built around your financial comfort

✅ Quick processing with minimal documentation

✅ NIL processing charges till 31/12/2026

This comes with following added advantage :

✅ Zero Prepayment charges | No capping on minimum amount and unlimited time

✅ Zero Foreclosure charges

✅ Online Prepayment facility

Drop your comments if you need any help

Regards

Team Credwise

+91 9667992644

Www.credwisefinserv.com

https://preview.redd.it/2b59z0h464ih1.jpg?width=1080&format=pjpg&auto=webp&s=3e40b9f1cb62ff3b2d1d0f0d4180b833149740cf

Hi all!

CredWise is back with our Q&A series on home loans—your free advisory to decode if your current offer is best beyond just ROI.

You can ask anything related to (rate, bank/NBFC, CIBIL, loan amount, tenure, fees, prepayment terms), and we will assess honestly. You can dm us too for 1:1 consultation.

Each home buyer requirement is different and we understand it. This is why we provide a very cusomized advisory depending on your requirements.

Some pointers to note:

✅ NBFCs often lure with quick approvals but watch for hidden charges.

✅ From Jan 2026, RBI bans prepayment penalties on floating-rate home loans from all banks/NBFCs—no more traps!

✅ Had LOTS of interactions with people here. I see the same mistakes repeatedly. People accepting the builder suggested bank offer they get.

✅ Paying LAKHS in unnecessary interest without knowing that they could have got better offer. Getting locked into prepayment penalties they don't understand.

✅ CRE rate or home loan rates for higher ticket purchase

✅ **NRI/HNI: Bulk purchase : Home Loan for Multiple units or commercial purchase**

✅ Home Loan rates start at 7.10%

This thread is about giving you the tools to make better decisions.

SHARE WITH A FRIEND WHO IS HOME HUNTING!!

**Check our new website : www.credwisefinserv.com\*\*

+91 9667992644