Home Loan Mumbai – Interest Rates Mar 2020, Eligibility, EMI, Apply

Apply for Home Loan in Mumbai online at lowest interest rates March 2020. Check Home Loan in Mumbai eligibility criteria, list of documents and bank branches only at Deal4loans.

Highlights on Home Loans in Mumbai

Interest Rates 7.90% – 21.00%
Processing Fees 0 to 2.00% of the loan amount + GST
Pre Payment Charges NIL for floating, Fixed Rates check with Bank
Repayment Period 3 to 30 years
Part Payment Facility Yes, all bank
Apply for Home Loan
I authorize Deal4loans.com & its partnering banks to contact me to explain the product & I Agree to Privacy policy and Terms and Conditions.

Compare Home Loan Rates in Mumbai 2020

SBI Home Loan 7.90 – 8.45%
HDFC Ltd Home Loan 8.00 – 8.75%
ICICI Bank Home Loan 8.35 – 9.20%
LIC Housing Finance 8.10 – 8.95%
DHFL Housing Finance 9.75%
Axis Bank Home Loan 8.90% – 9.10%
BOB Home Loan 8.15% – 9.15%
Canara Bank Home Loan 8.45 – 8.65%
Aadhar Housing Home Loan N.A
Bandhan Bank Home Loan 8.75% – 12.00%

Home Loan Tools in Mumbai

Eligibility Criteria for Home Loans in Mumbai

Age 21 – 58 years
Income 1.80 lakh annually for salaried, 3 Lakh ITR for Self Employed
Job Stability Minimum 2 Years for salaried, 3 years for self employed
Eligible for Joint Home Loan Brother, Mother, Father, Spouse
Loan amount 2 lakh to 50 crore

Home Loan EMI Calculator Mumbai

Calculate Loans EMI Online

Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Total Interest Amount
Yearly Interest Amount

Checklist of Documents for Home Loan in Mumbai

  • Full Filled Application form of Home loan
  • 3 passport size photographs
  • Proof of identification: Electoral ID Card / Passport / Driving License / PAN card.
  • Proof of residence: Electoral ID Card / Passport / Electricity Bill / Telephone Bill.
  • Proof business address, in case of non- salaried borrowers
  • Statement of bank account for the last six months
  • Signature identification from present bankers
  • Personal Assets and Liabilities Statements in Bank’s standard format.
  • Brief write up of securities charged in respect of other loans availed from our Bank/other
  • Banks/ Auto & Housing Loan Companies /other sources.

Latest Projects which are running in Mumbai:

Sr.No City / Place Project Name Builder Name Project Id
1 MUMBAI 49 ELINA HUGES REAL ESTATES DEVELOPERS PVT LTD MUM1394088249
2 MUMBAI ACME OZONE (BASILIA & CENTILIA) ASCENT CONSTRUCTION PVT. LTD. MUM03131281
3 MUMBAI ACROPOLIS VORA ASSOCIATES MUM1211874
4 MUMBAI ACROPOLIS (BUILDING NO.{3 & 4 (WING A TO O)} BHOOMI & ARKADE ASSOCIATES MUM08131149
5 MUMBAI ADITYA BUILDERS & DEVELOPERS ADITYA BUILDERS & DEVELOPERS MUM03121253
6 MUMBAI AETHER (WING AB&C) (BLDG.4) ROMELL REAL ESTATE PRIVATE LIMITED MUM0112879
7 MUMBAI AIMS SEA VIEW (BLDG 2&3) AIMS PROMOTERS PVT. LTD. MUM13121216
8 MUMBAI AJMERA AEON (BHAKTI PARK PHASE-II) AJMERA REALITY & INFRA INDIA LTD MUM06121070
9 MUMBAI AJMERA ICONIC (A&B WINGS) M K GROUP MUM0911855
10 MUMBAI AJMERA PRISTINE WING C BLDG NO.70 VIJAY NAGAR CORPORATION MUM1432280686
11 MUMBAI AKAR PINNACLE (ABC & D WINGS) AKAR CREATIONS PVT LTD MUM1412941719
12 MUMBAI ALMEIDA ARK D’ALMEIDA DEVELOPER MUM04121005
13 MUMBAI ALOKA OMKAR REALTORS AND DEVELOPERS PVT LTD MUM29121139
14 MUMBAI ALTA MOUNT OMKAR REALTORS AND DEVELOPERS PVT LTD MUM1396428831
15 MUMBAI ALTASH NAVKAR CONSTRUCTION MUM0811856

Click Here for Other Projects or Pre Approved Housing Projects In Mumbai

List of Bank branches for Home Loans in Mumbai

Bank Branch Address PINCODE
Mumbai Bank Shop No.1,2,3, Datar Apartment, Jawaharlal Nehru Road, Opposite SVC Towers, Vakola, Santacruz East, Mumbai, Maharashtra 400055
Andhra Bank Door No. 70 – J, Central Avenue Road, Near Ambedkar Udyan, Chembur, Mumbai, Maharashtra 400071
Federal Bank Jijamata Rd, Near Dr. Bindra Dental Hub Center, Andheri East, Mumbai, Maharashtra 400069
ICICI Bank Rpg Towers- Ground Floor J.b., 248, Andheri – Kurla Rd, J B Nagar, Andheri East, Mumbai, Maharashtra 400059
Punjab & Sind Bank Fit Well House Compound, Lal Bahadur Shastri Marg, Vikhroli West, Mumbai, Maharashtra 400083
Uco Bank Plot3/21Jvpds, Juhu Ns Road 10, Al-Nemat Bldg, Juhu Vile Parle, Mumbai, Maharashtra 400049
Axis Bank Bombay Dyeing Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai, Maharashtra 400025
Yes Bank Krantiveer Lakhuji Salve Marg, Shanti Nagar, Andheri East, Mumbai, Maharashtra 400093
Union Bank Building B, Bhaichand Textile Mills,Compound, Lal Bahadur Shastri Marg, Rajiv Gandhi Nagar, Sadan wadi, Bhandup West, Mumbai, Maharashtra 400078
J & K Bank Noor Mahal C. H. S., 55, Mohammed Ali Road, Pydhonie, Mandvi, Mumbai, Maharashtra 400003
Dena Bank 36, Opposite Shreyas Cinema Bus Stop, Sanghani Estate, Lal Bahadur Shastri Marg, Sainath Nagar, Ghatkopar West, Mumbai, Maharashtra 400086
National Bank Tilak Nagar, Kurla, Mumbai, Maharashtra 400089
State Bank of Travancore Rasmeccc, S T Road, Borla, Union Park, Kurla East, Mumbai, Maharashtra 400071
Union Bank of India TPS-3, Laxmi Apartment, 191/192, Gurunanak Marg, Bandra West, Mumbai, Maharashtra 400050
Abhyudaya Bank Western India Tanneries Compound, Sion Dharavi Road, Mumbai, Maharashtra 400017
Ratnakar Bank 3rd Floor, One Indiabulls Center, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra 400013
Standard Chartered Bank Technology St, Hiranandani Gardens, Powai, Mumbai, Maharashtra 400076
SBI K K Road, Jacob Circle, Mumbai, Maharashtra 400011
SBI Ballard Estate, Fort, Mumbai, Maharashtra 400001
HDFC Ltd 2nd Floor, Rajgir Chambers, Near Chinai College, Old Nagardas Road, Andheri -East, Mumbai, Maharashtra 400069

For most of us buying a home is a long cherished dream that often unrealized due. But, thanks to availability of home loan at competitive interest rate and easy payment plan, one can easily afford to buy home.

These home loans are designed as per customer’s ability to pay back comfortably. A range of websites offer home loans that can be selected by close comparison of interest rate and duration for pay back.

Home loan is meant for all categories that include self employed and salaried people alike. Apart from a uniform home loan, some banks offer customized home loan as well. Door step services to customer are another feature of private banks.
The real estate market in Mumbai has been a fragmented one due to it being a low island city. For an example, there is huge demand of 2 and 3 BHK units in outside of the city in areas such as Kalyan, Charni Road, Mazgaon, Kalbadevi with price starting from as low as 16L onwards. On the contrary, there are substantial demand for 4 and 5 BHK units with price tag ranging between 1-5 crore are most sought after in Mumbai city. The real estate market in Mumbai has a large demand for high end properties rather than mid segment category.

Although there is huge demand for mass housing or affordable house in Mumbai but it can be met due to high land prices.

It will not be an overemphasis to call Mumbai a real estate giant. A huge demand of luxury, ultra-luxury, affordable housing and commercial projects, developers and buyers shift to this cosmopolitan city from all corners of the world. Being one of the most premium cities in India and across the world, Mumbai is undoubtedly is one of the most favorite destination to make a home investment!

Apply Here
I authorize Deal4loans.com & its partnering banks to contact me to explain the product & I Agree to Privacy policy and Terms and Conditions.
Top Banks for Home Loans in India
Banks Interest Rates
SBI Home Loan 7.90 - 8.45%
HDFC Ltd Home Loan 8.00 - 8.45%
ICICI Bank Home Loan 8.25 - 8.70%
LIC Housing Home Loan 8.10 - 8.95%
DHFL Home Loan 9.75%
Axis Bank Home Loan 8.55% - 9.20%
Bank of Baroda Home Loan 8.15% - 9.15%
Canara Bank Home Loan 8.10 - 8.55%
Aadhar Home loan N.A