Home Loans

State Bank of India (SBI), the country's largest lender, is poised to achieve another milestone with its home loan portfolio expected to cross the Rs 10 lakh crore mark next fiscal year, driven by robust demand and a favourable low-interest-rate regime. "Today my home loan portfolio is more than Rs 9 lakh crore...this is the single largest business unit in the bank, over 20 per cent of our total assets," SBI Chairman C S Setty told PTI. At 14 per cent growth rate, SBI is well on the path to achieve a milestone of Rs 10 lakh crore home portfolio next financial year, he said. SBI's home loan portfolio crossed Rs 9 lakh crore mark last month, making it the biggest mortgage loan provider in the country. The bank closed FY25 with the home loan book at Rs 8.31 lakh crore, registering 14.4 per cent growth over the previous financial year. SBI has built a home loan portfolio in a gradual and steady manner over the years - from Rs 1 lakh crore milestone in March 2011 to Rs 9 lakh crore in

JM Financial Home Loans aims to scale AUM to Rs 5,000 crore by FY27, driven by branch expansion, higher ticket sizes and tighter early-stage delinquency controls, MD & CEO Manish Sheth said

.

State-owned lenders offer the most attractive rates, while their private-sector counterparts may decide on disbursals quicker

.

The affordable housing financier plans to consolidate Centrum and Capital Housing, expand across Tier-II and III cities, and quadruple its portfolio over five years

RBI's latest rule change removes a 3-year lock on loan spreads, letting borrowers see EMI relief sooner and choose fixed rates at reset.

The step will improve savings but impact on credit scores depends on the loan and the lender's rules

As of June 2025, home loans, according to the Equirus note, grew 12.8 per cent y-o-y to Rs 41.2 trillion, led by state-owned banks (+15.5 per cent y-o-y) and NBFCs / state finance banks

August home loan rates remain steady, with Union Bank, Bank of India and other PSU lenders offering the lowest starting point at 7.35%.

Public lenders like Union Bank and Bank of India offer the month's lowest home loan rates at 7.35%, while most private banks start higher

How homebuyers can find the most competitive offers across banks and finance companies

Some lenders deduct EMIs in advance during loan disbursement, but RBI rules say interest must be paid on such amounts. Here's how to check if you're affected and what to do next.

27% of all personal loan borrowers in H1 2025 used the funds for travel, compared to 21% in 2023.

State-owned banks offer the lowest home loan rates, but spreads are sharp at private lenders and housing finance companies

Borrowers can maximise savings when interest rates fall by retaining their EMI and reducing tenure, while also benefiting from repo-linked loans and selective prepayments

The average home loan value in the top cities reached Rs. 74 lakh in FY 2025, marking a 5% year-on-year increase

Further, loans with ticket sizes above ₹1 crore accounted for 21 per cent of total home loan disbursals during the year

Customers younger than 40 years to get 0.10% concession in rates as lender seeks to 'home ownership more affordable'

Reserve Bank of India data showed the overall bank credit growth declined to 11 per cent in FY25 from 20.11 per cent in FY24