Compare the lowest home loan interest rate starting from 8.00% p.a. Get the complete list of current housing loan rates of interest in India from all leading banks and financial institutions.
Thinking about buying a house in the quiet and beautiful city of Dehradun? Our mortgage services can help you turn that dream into reality. Whether you want to buy, build, or fix up a home, we offer affordable and flexible home loan options that fit your needs.
Compare Home Loan Interest Rate Offered by Various Banks, HFCs & NBFCs in Dehradun
| Banks/NBFC | Interest rates | Maximum Tenure (in years) | Processing Fees* |
|---|---|---|---|
| HDFC Bank | 8.45 % onwards | 30 | 0.25% |
| IndusInd Bank | 8.40 % onwards | 30 | 0.25% |
| Kotak Bank | 8.40 % onwards | 30 | 0.25% |
| Axis Bank | 8.40 % onwards | 30 | 0.25% |
| HSBC Bank | 8.00 % onwards | 30 | 0.25% |
| Shinhan Bank | 8.10 % onwards | 30 | 0.25% |
| Standard Chartered Bank | 8.25 % onwards | 30 | 0.25% |
| ICICI Bank | 8.45 % onwards | 30 | 0.25% |
| IDFC Bank | 8.90 % onwards | 30 | 0.25% |
| State Bank of India | 8.40 % onwards | 30 | 0.25% |
| PNB Housing | 8.40 % onwards | 30 | 1% |
| LIC | 8.25 % onwards | 30 | 0.25% |
| Bajaj Finance | 8.40 % onwards | 30 | 1% |
| Aditya Birla Group | 8.40 % onwards | 30 | 1% |
| L & T Finance | 8.40 % onwards | 30 | 1% |
| Axis Finance | 8.40 % onwards | 30 | 1% |
What are the tax benefits on home loan?
| Section of Income Tax Act | Nature of tax deduction | Max. deductible amt. |
| Section 24(b) | Interest paid | Rs. 2 lakhs |
| Section 80C | Principal (including stamp duty and registration fee) | Rs. 1.5 lakhs |
| Section 80EE | Additional interest (for first-time home buyers) | Rs. 50,000 |
| Section 80EEA | Additional interest (for affordable housing) | Rs. 1.5 lakhs |
Home Loan EMI Calculator
Eligibility Criteria for a Home Loan
The eligibility criteria for a home loan in Dehradun are as follows:
- Age: To qualify for the loan, an individual must be between 21 and 65 years old when the loan reaches maturity.
- Credit Score: The minimum score will be 700-725.
- Income Consistency: The majority of lenders require applicants to possess an annual income of Rs. 2 to 3 lakhs, though this amount may vary.
- Debt-to-Income Ratio: Lowering liabilities will improve qualifications.
- Employment Status: Individuals who are Employed or Self-Employed are eligible to borrow.
- Bank Statements: Submission of the last 6 months’ statements is required.
Documents Required for Home Loan in Dehradun
Potential buyers must provide these documents to apply for a home loan in Dehradun:
| Particulars | Requirements |
| For Identification Proof | Aadhaar Card, Passport, PAN Card |
| Address Proof | Utility Bills, Rentals |
| Eligibility | Salary slips, Form 16, IT returns |
| Banking History | Last 6 months |
| Property Documents | Sale Agreement, property title |
| Business Proof | Financial Documents, Tax Filings, etc. |
How to Apply for Home Loan in Dehradun through OneNDF
When pursuing a mortgage at OneNDF, you won’t have to face a pile of paperwork or a lengthy process. Here’s how to go about it:
Step 1: Go to the official OneNDF website and either register or sign in.
Step 2: Sign up for the funds with your mobile number and create a one-time password.
Step 3: Submit any necessary financial or identification paperwork.
Step 4: Fill out the mortgage application form.
Step 5: Through OneNDF, you will get in touch with numerous lenders that are ready to provide you with great rates on their mortgages.
