Home Loan Eligibility Calculator

Home Loan Eligibility Calculator & your CIBIL score absolutely FREE.
Loan Amount
Annual Income
54,02,013 loan quotes taken till now.
► Home Loan Rates starts from As low as 8.60%
► Compare Top Banks – SBI, HDFC Bank, ICICI Bank, PNB Housing etc.

Sample Home Loan Eligibility - Employment Status - Salaried | Annual Income - Rs. 5 Lacs | Property Value - Rs. 75 Lacs | Tenure - 20 Yrs

Bank Name Interest Rate
State Bank Of India (SBI) 8.60% - 9.65%
ICICI Bank 9.00% - 9.10%
HDFC Bank 8.50% - 9.40%
LIC Housing 8.50% - 10.50%
Bank of Baroda 9.15% - 10.50%
AXIS Bank 8.60% - 9.05%
PNB Housing Finance 8.50% - 10.95%
DMI Housing Finance 12.00% - 18.00%
IDBI 8.75% - 12.25%
Union Bank of India 9.00% - 10.50%
Bank of India 8.65% - 10.75%
HSBC Bank 8.75% - 8.85%
Indian Bank NA
Federal Bank 10.15% - 10.30%
Canara Bank 8.90%- 11.25%
PNB Home Loan 8.75% - 10.95%
India Shelter Housing Finance 11.99%-18.00 %
GIC Housing Finance 8.45%
Shubham Housing Development Finance Company 10.90%

Following are eligible to apply for a Home Loan:
• Salaried individuals
• Self employed professionals/businessmen

You can include your spouse/parents/children as co-applicant if you require higher eligibility subject to maximum of three applicants.

Home Loans Eligibility Factors

Home Loan is an easy option for buying a house, but getting the required and apt amount depends upon many factors. Below are some important factors, which play a vital role in deciding the loan amount.

Monthly Income

Your monthly income will determine the chances of returning the loan and timely payments of EMIs. If you are salaried person, your monthly income and if you are self-employed, in that case your annual profit would decide your home loan maximum eligibility.

The loan amount basically depends upon the net income of an individual. Most of the banks lend a home loan upto 60 times of an individual's net income. For instance, if your take home salary is Rs. 30,000, you are eligible to get a loan of around Rs.18 lakhs

Other EMI

This EMI is the monthly EMI, which you have already taken from any bank and and now you are still repaying it.

Available Income

It is considered on the amount left with you after deduction of any EMI amount that you are currently paying for any kind of loan. Your Home Loan Eligibility will be calculated after deductions of the EMIs that you are paying.

Property Attributes

Generally, the banks provide maximum upto 85% of loan against the value of property. Therefore, if you want a home loan for buying a property of Rs. 50 lakhs, the maximum amount you can get is 85% of that ie 42.50 lakhs.

Banks also consider other specific criteria before accepting the property for granting a loan. The banks have specific norms to take consent such as the minimum area requirements for a flat which may be carpet area of built-up area. The banks also consider the age of the property, the location, reputation of the builder if it's a builder property. The banks also conduct a minute analysis to check whether the property is disputed or clear, whether the bank is free from any encumbrances, etc.

Duration of Loan (Years)

It is one of the most important factors that you should always consider before taking a home loan. Generally, it refers to the number of years for which you want to opt for loan. Longer the tenure, higher will be the interest paid and lower will be the amount of EMI and vice-a-versa.

Interest Rate (in percentage)

Presently, there are numerous banks which offer home loans, whether nationalized, private or foreign banks. Every bank offers different rate of interest according to the profile of the customer. Hence, it is really important that before selecting a bank to take a loan you must compare the quotes from various banks. It is always advisable to check full details in advance for doing a better comparison



EMI stands for equally monthly installment; you need to pay a particular amount for the Home loan that you have taken


Eligible Loan Amount

The net loan amount for which you are eligible for your Home loan is said as Eligible Loan Amount. The loan amount that a Bank can sanction you.

Credit History

The credit history of an individual plays a really crucial role in deciding the amount of the loan. This report is generated by the credit card companies regarding the outstanding credit history of an individual. On the basis of this information the individual is given a credit score.


Age also plays a crucial role in determining the eligibility for a home loan. One has to attain a minimum age of 21 to apply for a loan. The minimum age requirement may be different for different lending institution. The maximum age may vary from 58 to 65 years depending on the income source of the individual. The age also determines the tenure and EMI of the loan.


If you want to increase the eligibility for having a loan you can have a co-borrower and int this way you can enhance your eligible income. Applying in the category of co-borrower increases your chances of loan approval without much complications. Although, banks allow only certain relationships to become the co-applicant. In this category friends and relatives who are not in direct blood relation are not eligible.

Some of the features of home loans offered by different banks

Name  Loan Amount Minimum Salary Requirements Tenure
SBI Home loan It will be determined taking into consideration such factors as applicant’s income and repaying capacity, age, assets and liabilities, cost of the proposed house/flat etc. Not Available Maximum 30 years or up to the age of 70 years of the borrower whichever is early.
ICICI Bank Home Loan It depends on the repayment capability and is restricted to a maximum of 80% of the property value. Not Available Maximum 20 years
HDFC Ltd Home Loan Max amount up to 80% of the value of the property and also depend on the repayment capacity of the individual Not Available 20 years for loans under fixed rate and 30years under adjustable rate home loan products
Axis Bank Home Loan Minimum Rs 3lacs Not Available Max. tenure is 25 years for salaried customers
And 20 years for self-employed customers.
Axis Bank-Empower home loan scheme - home loan for self- employed individuals Minimum Rs 10 lacs
Maximum Rs 100 lacs in tier 1 & tier 2 cities and Rs 50 lacs in other cities
Not Available 15 years and age of the borrower should not exceed 65 years of age at the time of maturity.
Bank of Baroda Maximum loan amount Rs 100 lacs, maximum finance upto 75-85% of the project cost.
The loan eligibility is as follows
Gross monthly income Rs 20,000-36 times of the gross monthly salary
More than Rs 20,000-to Rs 1 lac-48 times of the gross monthly salary
More than Rs 1 lac-84% of the gross monthly income
Not Available Max tenure is 25 years
Citibank Home loan Min Rs 5 lacs and Max. up to Rs 10 crores Not Available Max tenure up to 25 years.
HSBC Bank Min. Rs 2 lacs and max Rs 10 crore Not Available For salaried customers its 25 years and for others 20 years
LIC Housing Finance Min. Rs 1 lac and max. Rs 150 lacs. Generally the loan is extended upto 85% of the property value. Not Available Max. 25 years. The term for the loan will under no circumstances exceed the age of retirement or completion of 70 yrs of age whichever is earlier

Check Your Eligibility For Home Loans with Various Banks

SBI, HDFC, Axis Bank, Bank of Baroda, Bank of India, Union Bank, DHFL, LIC Housing, SBP, Canara Bank, Allahabad Bank, ICICI Bank, Yes Bank, Citibank, PNB, uco bank, Indiabulls & others.

Use this tool for calculate your Home Loan Eligibility in Various Cities of India: List Below

Delhi/NCR, Mumbai, Kolkata, Chandigarh, Chennai, Bangalore, Ahemdabad, Jaipur, Aurangabad, Baroda, Bhiwadi, Bhopal, Bhubneshwar, Cochin, Coimbatore, Cuttack, Dehradun, Delhi, Faridabad, Gaziabad, Gurgaon, Guwahati, Hosur, Hyderabad, Indore, Jabalpur, Jamshedpur, Kanpur, Kochi, Lucknow, Ludhiana, Madurai, Mangalore, Mysore, Mumbai, Nagpur, Nasik, NaviMumbai, Noida, Patna, Pune, Ranchi, Raipur, Rewari, Sahibabad, Surat, Thane, Thiruvananthapuram, Trivandrum, Trichy, Vadodara, Vishakapatanam, Vizag

Home Loan Eligibility depends on various factors like customer / borrowers outgoing expenses , EMI , Insurance policies etc etc. if we take a look at Income of borrower in mind, with Zero EMI for other loans than here's the example for eligibility loan amount as per Income.

Below are the eligible home loan amounts on the basis of Per month Income / Loan amount as per 30 Years Tenure.

Salary / Income per Month

SBI Home Loan Eligibility

LIC Home Loan Eligibility

ICICI Home Loan Eligibility

HDFC Home Loan Eligibility

20000 1200000 1100000 1200000 1200000
25000 1400000 1200000 1300000 1350000
30000 1700000 1500000 1600000 1600000
35000 2000000 1800000 1900000 1900000
40000 2300000 2000000 2200000 2200000
50000 3000000 2500000 2500000 2700000