• 30+ lenders in one place - Compare interest rates, processing fees, maximum tenure and loan amounts offered by our home loan partners (leading public sector banks, private banks and HFCs) side by side.
• Free eligibility check without impacting credit score - Understand your loan eligibility parameters such as the loan amount you can get, tenure applicable and from which lenders, before you apply.
• One application, many lenders - Fill in your details once instead of visiting multiple lenders for separate offers.
• Dedicated home loan adviser - An expert advisor assists you with document collection, application filing, property verification follow-ups and sanction-letter queries throughout the loan approval process till disbursal.
• Doorstep document pickup - Exclusive facility to securely collect required documents from your home (available in select cities for now)
• Zero charges from Paisabazaar - Paisabazaar doesn’t charge any fee for the services provided, and you have to pay only the lender's fees that are disclosed upfront.

• Enter basic details: Provide your mobile number, city, employment type, monthly income and the loan amount you need.
• Check eligibility: Use Paisabazaar’s eligibility calculator to arrive at an optimal loan amount and tenure and check which lenders are likely to approve you without affecting your credit score.
• Compare offers: Review interest rates, EMIs, processing fees and tenure across lenders.
• Select your lender and apply: Choose the lender and apply for the loan
• Provide documents: Upload your KYC, income and property documents online or let our expert arrange a pickup (for select cities).
• Loan Sanction: The lender, on verifying all details, issues a sanction letter (KFS) with the final rate and amount.
• Property verification and disbursal: After the legal and technical checks of the property, the lender disburses the loan.

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• Completed application form with a clear photograph
• Identity proof: PAN (mandatory), Aadhaar, passport or voter ID
• Address proof: Aadhaar, utility bill, passport or rent agreement
• Bank statements for the last 6 months

• Salary slips for the last 3 months
• Form 16 or ITR for the last 2 years

• ITR with computation of income for the last 2–3 years
• CA-audited balance sheet and P&L statement
• Business proof: GST registration, Udyam certificate or shop & establishment licence

• Allotment letter or builder–buyer agreement
• Sale deed or agreement to sell, and the title chain
• Approved building plan, NOC from the society or builder
• Receipts for any payment made to the builder or seller

• Lowest rates: Most Public Sector Banks extend low interest rate home loans to eligible applicants with a high credit score (preferably, 760+). SBI, Canara Bank, PNB, Bank of Maharashtra, Union Bank, etc. usually offer the lowest starting rates.
• Faster loan processing: Most private banks such as HDFC Bank, ICICI Bank, Axis Bank, etc. tend to approve and sanction loans quicker than many other lenders.
• Relaxed loan terms: Self-employed, applicants with informal income or those with lower credit scores often have better chances of approval with HFCs such as Bajaj Housing Finance, LIC HFL, Tata Capital Housing, PNB Housing, etc.
• Women borrowers: Many lenders offer a rate discount of about 0.05% for women co-borrowers/co-owners.

• Home purchase loan, for a new or resale flat or house
• Home construction loan
• Plot loan
• Home improvement/renovation loan
• Home extension loan
• Home loan balance transfer, with an optional top-up
• Home loan under PMAY-U 2.0

• Maintain a high credit score, preferably above 760
• Clear all overdue amounts before you apply.
• Keep your FOIR low by closing small loans or reducing credit card dues.
• Add an earning co-applicant with better credit profile to increase eligibility.
• A woman co-owner/co-borrower can also help get a lower rate in some cases.
• Choose a property that is RERA-registered and approved by the lender.
• Avoid applying to several lenders separately. Use one free comparison instead.
• Keep your documents ready and consistent. Name, address and income should match across all papers.
• Plan a higher down payment plus stamp duty and registration charges.

• Under Section 80C of the Income Tax Act, a borrower can claim a deduction of up to ₹1.5 lakh on principal repayment.
• The borrower can claim a tax deduction of up to ₹2 lakh on interest for a self-occupied property under Section 24(b).
• These deductions are applicable only when the borrower opts for the Old Regime while filing ITR.
• Those opting for New Regime for filing ITR can claim deductions on the interest amount only for let-out properties.