Home Loans in Greater
Noida

Greater Noida in Uttar Pradesh offers a blend of modern amenities, strategic location, and affordability. In short, if you want to buy a home in a city with a well-planned infrastructure and a hub of business houses, Greater Noida is the place to be. To help such people who are keen to buy a home in Greater Noida, multiple banks and NBFCs are offering affordable home loans with minimum documentation. The interest rate for a home loan in Greater Noida starts at 8.50% per annum. The maximum loan repayment tenure offered by most of these financial institutions is up to 30 years for a maximum loan amount of up to 90% of the property value.

Home Loan EMI Calculator

Your Monthly EMI

₹ 77,530

Total Principal

₹ 1,00,00,000

Total Interest

₹ 86,07,174

Total Payable

₹ 1,86,07,174

₹
₹ 30 Lac₹ 6 Cr
%
5%30%
1 yrs30 yrs

Home Loan Interest Rates in Greater Noida

Whether you need to buy a home or plot, construct a home, or renovate or extend an existing home, options are unlimited when opting for a home loan provider in Greater Noida. Most of the financial institutions in Greater Noida offer loans up to 90% of the property cost. The lowest interest rate offered by any bank in Greater Noida starts at 8.50% per annum. Have a look at the table that highlights the home loan interest rate in Greater Noida offered by the top 10 banks and NBFCs:

BASIC Bank/NBFC Partner NameMax Tenure (in years)Rate of InterestProcessing Fees (INR)Contact
Aavas Financiers Ltd.Aavas Financiers Ltd.
258.50% onwards1.00%
Bank of BarodaBank of Baroda
308.60% onwardsUp to 0.50% (Rs. 8,500 min; Rs. 25,000 max)
Union Bank of IndiaUnion Bank of India
308.70%0.50% (Rs. 15,000 max)
PNB HousingPNB Housing
308.75% - 11.45%Up to 0.50% (Rs. 10,000 max)
State Bank of IndiaState Bank of India
309.15% - 12.95%Up to 0.25% (Rs. 10,000 max)
Federal BankFederal Bank
3010.15% - 10.30%Rs. 20,000
Aadhar HFCAadhar HFC
2011.75% - 17.00%Upto Rs. 3,500 +GST
HDFC BankHDFC Bank
308.65% - 9.85%Up to 0.25% (Rs. 3,540 min)
Tata Capital Ltd.Tata Capital Ltd.
308.95% onwards0.25% of the loan amount (Max: Rs. 3,540)

Eligibility Criteria for Home Loans in Greater Noida

Salaried Individuals

Citizenship

Indian

Professional Experience

NA

Age

Min: 21 years Max: 65 years

Monthly Income

Minimum Rs. 25,000 per month

CIBIL Score

750+ (preferred)

Self-Employed Individuals

Citizenship

Indian

Professional Experience

NA

Age

Min: 21 years Max: 65 years

Monthly Income

Minimum Rs. 25,000 per month

CIBIL Score

750+ (preferred)

These criteria are subject to variation from one bank to another. It is recommended that you check with the specific bank you are applying to for a home loan for its eligibility requirements.

Documents Requirement for Home Loans in Greater Noida

An important procedure to apply for a home loan in Greater Noida is to submit the essential KYC documents that help verify the applicant's age, income, nationality, and address. For your reference, we are now presenting the list of documents for home loans in Greater Noida.

  • A cheque for the processing fee with an adequately filled loan application form
  • ID verifying documents such as Voter ID Card, Aadhaar card, PAN card, Passport, and Driving License
  • Appointment letter from the employer, Appraisal letter
  • Proof of income like salary slips of the previous 3 months, the latest filled Form 16, and last year's IT return
  • Bank statements for the previous 3 months
  • Property documents such as sale deed, advance payment receipt to the builder, approved construction plan, NOC from the builder or housing society

  • A cheque for the processing fee with a duly filled loan application form
  • ID verifying documents such as Voter ID Card, Aadhaar card, PAN card, Passport, and Driving License
  • Business profile along with the license of the company
  • Latest Form 26AS
  • Savings account statement of previous 6 months
  • ITR with computation of income for previous 3 years as proof of income
  • P&L account statements and Balance Sheets for the last 3 years attested by a CA
  • Memorandum and Articles of Association of the company

Proof Of Residency

Aadhaar Card, Valid Passport

Proof Of Income

Bank Passbook, Bank statement, Last 3 years IT Return

Proof Of Age

PAN Card, Voter ID, Birth Certificate, Registration Certificate Of Establishment

Proof Of Employment

Certified Letter from Employee/Company Memorandum 

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FAQs

Generally, the best banks and NBFCs in Greater Noida take up to 15- 20 days for loan disbursements after home loan approval. However, they may take longer if the applicant has failed to submit the essential documents.

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