Home Loans in
Kanpur
Investing in a property in Kanpur means a promising rental income stream. Besides, buying a home in Kanpur provides some unique features peculiar to this city, which was once called the Manchester of India. If you, too, are keen to buy a home in Kanpur but are running short of finances, you can apply for the best home loans in Kanpur at affordable rates of interest starting at 8.50% per annum. The maximum loan repayment tenure offered by the top banks and NBFCs for Kanpur home loans is up to 30 years. These financial lenders charge a nominal processing fee for each home loan Kanpur application that ranges between 0.25% - 0.50% and sometimes a bit higher for some banks.
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
Home Loan Interest Rates in Kanpur
Top banks and non-banking financial companies in Kanpur offer a wide range of home loans to eligible applicants at affordable interest rates. The lowest home loan interest rates in Kanpur start at 8.50% per annum.
| BASIC Bank/NBFC Partner Name | Max Tenure (in years) | Rate of Interest | Processing Fees (INR) | Contact |
|---|---|---|---|---|
 LIC HFC | 30 | 8.50% | Up to 0.25% (Rs. 25,000 max) | |
 HDFC Bank | 30 | 8.65% - 9.85% | Up to 0.25% (Rs. 3,540 min) | |
 Union Bank of India | 30 | 8.70% | 0.50% (Rs. 15,000 max) | |
 PNB Housing | 30 | 8.75% - 11.45% | Up to 0.50% (Rs. 10,000 max) | |
 State Bank of India | 30 | 9.15% - 12.95% | Up to 0.25% (Rs. 10,000 max) | |
 Federal Bank | 30 | 10.15% - 10.30% | Rs. 20,000 | |
 IDFC First Bank | 30 | 8.85% - 10.75% | 0.25% - 0.50% | |
 Bajaj Housing | 40 | 8.50% | Up to 7% of the loan amount + GST | |
 Tata Capital Ltd. | 30 | 8.95% onwards | 0.25% of the loan amount (Max: Rs. 3,540) |
Eligibility Criteria for Home Loans in Kanpur
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 Kanpur
All banks and NBFCs ask for KYC documents from all home loan applicants. These may vary a bit depending on whether an applicant is salaried or self-employed. Have a look at these required documents for a home loan in Kanpur:
|
|
| 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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