Home Loan

A shallower rate-hike cycle could still strain household budgets as higher EMIs, elevated inflation and uncertain wage growth weigh on borrowers

The RBI’s Monetary Policy Committee has raised the repo rate by 25 basis points to 5.5%. For floating-rate home loan borrowers, the impact depends on the loan’s benchmark and reset date. For example,

Highlighting the leadership position of SBI in the housing finance segment, its Chairman CS Setty said the mortgage portfolio is set to cross an important milestone of Rs 10 lakh crore in the current quarter on the back of robust demand. The country's largest lender had surpassed Rs 9 lakh crore home loan portfolio during the last financial year. "We should be reaching the 10 trillion mark, hopefully in this quarter itself," Setty told PTI in an interview. SBI has a market share of nearly 28 per cent in the home loan segment, he said, adding that the bank has focused on making home loans accessible across the country. The lender has more than 460 home loan processing centres across India, increasing accessibility of its housing finance products. Setty said transparency in pricing and customer trust in the bank's processes, including documentation and due diligence of builders, are among the key factors driving customers to the lender for home loans. "People trust SBI the most whe

Here are the interest rates for various loan amounts across public and private sector banks, as well as non-banking housing finance companies

State-owned lender launches a limited-period 'Monsoon Dhamaka' campaign, lowering home and car loan rates while waiving processing fees and documentation charges

If you give greater priority to flexibility, then opt for a term insurance plan

See how a lump sum payment can cut your total repayment and tenure. Use it to estimate revised EMIs and compare your options.

Taxpayers servicing a home loan may claim deductions under Section 80C, Section 24, Section 80EE and Section 80EEA, depending on eligibility.

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The RBI has kept the repo rate unchanged at 5.25% in its April 2026 policy. What does this mean for your home loan EMI, savings, and future borrowing costs?

No immediate EMI relief, but steady rates give borrowers a chance to refinance, prepay, and cut long-term loan costs

RBI keeps repo rate steady at 5.25%, holding EMIs stable while preserving savings from earlier rate cuts for home loan borrowers

Public sector banks and private lenders maintain competitive entry-level rates, though final pricing depends on borrower credit profile

Rising crude oil prices amid tensions in West Asia could affect inflation and the RBI's rate trajectory. Borrowers may consider locking in home loan rates before the financial year ends

Besides enjoying a share in the property, this will make them eligible for tax benefit

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With EMIs unlikely to change immediately, the focus shifts to optimising tenure, prepayments and spreads

As RBI holds policy rates, the gap between floor and ceiling rates means a borrower's credit score and lender choice are now the primary drivers of long-term housing costs

With EMIs steady after the MPC's first 2026 decision, experts say borrowers should reassess loan terms instead of waiting for fresh rate cuts

Rates stay competitive across banks and housing finance companies, led by public sector lenders