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Axis Bank Home Loan in Hyderabad

Interest Rate starts from 8.35%

Axis Bank Home Loan Interest rates in Hyderabad

Please Find the Detailed Axis Bank Home Loan Interest Rates For Various Categories

Axis Bank Home Loan Floating interest Rates

Up To 75,00,00075,00,000 Above
Salaried8.35%8.50%
Self Employed8.50%8.75%

Loan To Value (LTV) For Axis Bank Home Loan in Hyderabad

Please Find the Detailed Margin Money Details For Axis Bank Home Loan
Up To 75,00,00075,00,000 Above
Salaried85.00%85.00%
Self Employed80.00%80.00%

Features of Axis Bank Home Loan Hyderabad

Type Features
Processing FeeUpto 1%
Pre Closure ChargesNil
Part Payment ChargesNil
Min Tenure5 Years
Max Tenure30 Years
Min Age21 Years
Max Age60 Years
Min Loan AmountRs.1,00,000/-
Max Loan AmountRs.30,00,000/-

Axis Bank Home Loan Hyderabad Charges

Type Charges
E M I Bounce ChargesRs.500/-
Duplicate Statement ChargesRs.250/-
Insurance CoverUpto Loan Amount
Inspection ChargesNil
Legal Opinion Valuation ChargesNil
Cheque Swapping ChargesRs.500/-
Bounce Cheque ChargesRs.500/-
Issue Duplicate Provisional Interest CertificateRs.250/-
Issue Duplicate Interest CertificateRs.250/-
Duplicate Balance CertificateRs.250/-
Issue Amortization Schedule DuplicateRs.250/-
Switch Variable To Fixed1% on the outstanding principal with a minimum of 10,000/-
Switch Fixed To Variable2% on the outstanding principal amount
Photocopy Documents250/-

Documentation For Home Loan

  • Filled Application form
  • Identity Proof (PAN CARD)
  • Address Proof
  • Latest 3 months Payslips
  • Job Continuity Proof
  • 2 Passport Size colour Photographs
  • Co-Applicant identity proof, Address Proof
  • Co-Applicant relationship Proof and Photograph
  • 6 months Bank Statements
  • 3 Post Dated Cheques/ECS Mandate
  • Property Related documents
  • Filled Application form
  • Identity Proof
  • Address Proof
  • Last 2 years Income Tax Returns
  • Professional/Self employed existence proof for more than 3 years
  • 2 Passport Size colour Photographs
  • Co-Applicant identity proof, Address Proof
  • Co-Applicant relationship Proof and Photograph
  • 6 months Bank Statements
  • 3 Post Dated Cheques/ECS Mandate
  • Property Related documents
  • Passport
  • Driving License
  • PAN card
  • Photo credit card (with embossed Signature and last two months statement)
  • Banker's sign verification
  • PAN Card
  • Passport
  • License
  • School leaving certificate
  • Voter card
  • Birth Certificate
  • LIC policy (only for age Proof)
  • Passport
  • Telephone bill (BSNL/MTNL)
  • Electricity bill
  • Title deed of property
  • Rental agreement
  • Driving license
  • Election ID card
  • Photo-credit card (with last two month statements)
  • Latest salary slip
  • Current dated salary Certificate with latest form 16.
  • Latest year IT Returns with Tax Audit reports(For Self Employed applicants)
  • Form 16
  • Relieving letter
  • Appointment Letter (for last two months)
  • Last 6 months of VAT/Service Tax returns (For Self Employed Applicants)
  • Bank statements of latest 2 months
  • 3 months bank passbook
  • Min of 15 years of Link documents of Property
  • Min 15 Years of Encumbrance Certificate (EC) of the property obtained from Govt. Authorities
  • Property Sanction plan
  • BRS/LRS copies (if required, any)

Axis Bank Home Loan FAQ's

What is the best way to apply for an Axis Bank Home Loan?

"You can start the process of applying for a Home Loan in any of the following ways: • Online by clicking here. • In person at any AXIS Bank Loan Center. To find the one closest to you, • By calling Axis Bank Call Center at any of these toll free numbers: 1800 233 5577 or 1800 209 5577 or 1800 103 5577."

What cirteria will AXIS Bank look at to decide my eligibility for a Home Loan?

"Among the multiple factors that AXIS Bank considers in determining Home Loan eligibility are: • Income of all applicants. • Age of the primary applicant. • Number of dependents that the applicants have to support. • Assets and liabilities of the applicants. • Stability and continuity of the primary applicant's occupation. To check your eligibility online, please click here"

Can I also avail of a Home Loan for Home improvements or a Home extension?

"Yes! You can avail of an AXIS Bank Home Loan from for any of the following: • Purchase of a home. • Construction of a home. • Home repairs. • Home improvements. • Home extension."

Does AXIS Bank offer different types of Home Loan interest rates?

"Yes! AXIS Bank offers both Fixed and Floating rates as explained below: • Fixed Home Loan rates: The rate of interest applicable for the Home Laon is fixed throughout the term of repayment of Loan. • Floating Home Loan rates: The rate of interest applicable for the Home Loan changes with change in the Bank's Base rate."

Is it mandatory to have a co-applicant when applying for a Home Loan? If yes, who can be a co-applicant for my Home Loan?

Yes, it is mandatory to have a co-applicant. If someone is the co-owner of the property in question, it is necessary that he/she also be the co-applicant for the Home Loan. If you are the sole owner of the property, any member of your immediate family can be your co-applicant.

What documents do I need to submit along with my application for a Home Loan?

For the List of Documents to be submitted along with your Home Loan application, please click here.

What process does the Bank follow after I apply for an AXIS Bank Home Loan?

"Once receive a completed application form along with the necessary supporting documents two things happen: • Determination of your eligibility for the Home Loan: For this we consider our internal policy guidelines and also examine all the documents submitted by you. If you are deemed eligible, you will get an approval for a specific loan amount based on your requirement, repayment capability and the value of the property. Axis Bank will convey its decision within 30 working days from the date of receipt of the application provided the application is complete in all respects. The computation of 30 days shall starts from the day on which all documents required for a proper appraisal of the application are provided by the Customer to bank. If we find Axis Bank unable to extend the loan to you, Bank will communicate the same to you promptly. • Legal and Technical verification: Lawyers and property valuers empanelled by the Bank will verify your title documents conduct a technical evaluation of the property. "

Do I need to pay a fee to apply for an AXIS Bank Home Loan?

Banks charge a non-refundable processing fee for every Home Loan application. The processing charge to avail of an AXIS Bank Home Loan is up to 1% of the loan amount plus service tax as applicable.

How will my Equated Monthly Installment (EMI) be calculated?

" Every month, part of the EMI is adjusted towards the interest payable and the balance is adjusted towards repayment of the principal. The EMI consists of the principal amount and the interest on the principal amount. It is calculated by taking into account the loan amount, the time frame for repaying the loan and the interest rate on the borrowed sum. The EMI may be subject to change when interest rate changes or a part-payment of the Loan is made. "

When is my EMI due?

The EMI will be due on a fixed date each month. This date will be notified when your loan is disbursed.

What is Pre-EMI interest?

Pre-EMI interest is the interest on the loan amount disbursed by the Bank. It is payable every month from the date of each disbursement until the commencement of the EMI payments.

How and when does the floating rate of interest change?

"The Home Loan floating rate will change when either of one of the two rates below changes: • AXIS Bank's Base Rate (BR) for loans sanctioned from 1st July, 2010 • AXIS Bank's Mortgage Reference Rate (MRR) for loans sanctioned before 1st July, 2010 AXIS Bank reassesses the BR and MRR from time to time after considering numerous factors including the cost of funds, cost of operations, prevailing interest rates, and provisioning requirements. "

I have availed a Home Loan from AXIS Bank on a floating rate of interest. How will an increase in this rate of interest impact me?

"In order to avoid burdening you with a higher EMI, AXIS Bank will first attempt to increase the tenure of the loan subject to permissible limits. If, however, despite the increase in tenure, the EMI is not adequate to cover the interest payment, then AXIS Bank will increase your EMI amount. Of course, we will promptly inform you of any change in your tenure or your EMI."

Can I convert my floating rate loan to a fixed rate loan or vice versa? Will there be any charge for the switch?

Yes! You can switch from a floating rate of interest to a fixed rate of interest and vice versa.

My tenure has been increased due to an increase in the rate of interest. I would like to increase my EMI and reduce the tenure. Will I be charged for this change?

"Each Home Loan applicant's EMI is decided upon his/her repayment capability. In order to reassess your EMI, you will need to submit the following documents at an AXIS Bank Loan Center: • Last 3 months' salary slip. • Last 6 months' bank statements reflecting your salary. • Your photo identity and address proof. • A letter requesting the change Currently, AXIS Bank levies no charge to increase the EMI."

My EMI has been increased due to an increase in the rate of interest. I would like to reduce my EMI. How can I do that?

"In order to avoid burdening you with a higher EMI, when the rate increased, AXIS Bank would have first attempted to increase the tenure of the loan subject to permissible limits. If, however, despite the increase in tenure, the EMI is not adequate to cover the interest payment, then we are entitled to increase your EMI amount. To reduce your EMI, we recommend making a part prepayment at your nearest AXIS Bank Loan Center. For any query on part prepayment, please write to Axis Bank on: loans@axisbank.com. You \may also reach Axis Bank Call Center by dialling any of these toll free numbers: 1800 233 5577 or 1800 209 5577 or 1800 103 5577."

After I get a Home Loan from AXIS Bank, if the rate of interest offered to me increases, do I have the option of moving to a lower interest rate? Will there be any charge for the switch?

Yes! AXIS Bank offers you the unique facility of switching from a higher rate of interest to a lower rate of interest. Make the change at your nearest AXIS Bank Loan Center.

Do I get a tax benefit on my AXIS Bank Home Loan?

Yes, resident Indians are eligible for tax benefits on both the principal and the interest of a Home Loan under the Income Tax Act. Please consult your tax advisor for details.

How do I keep track of my AXIS Bank Home Loan? For example, how do I get my statements, repayment schedule and interest certificate?

"You may place request for Statement of Acccount or Repayment Schedule or Interest Certificate in either of the following ways: • By calling Axis Bank Call Center at any of these toll free numbers: 1800 233 5577 or 1800 209 5577 or 1800 103 5577. • By using your registered email id to write to Axis Bank at: loans@axisbank.com"

Can I start paying my EMI if my Home Loan is partly disbursed?

Yes! The EMI consists of the principal amount and the interest on the principal amount. Since only a part of your loan has been disbursed, the interest component of your EMI will be proportionately lower to reflect this.

What are my different options for making my EMI payments? Is there a preferred one?

"You may repay your Home Loan in any of the following three ways: • Standing Instruction (SI): This mode can be used if you have an existing savings, salary, or current account with AXIS Bank. You may wish to open a savings account with AXIS Bank to use this option. Your EMI amount will be debited automatically at the end of the monthly cycle from the AXIS Bank account you specify. • Electronic Clearing Service (ECS): This mode can be used if you have a non-AXIS Bank account and would like your EMIs to be debited automatically at the end of the monthly cycle from this account. • Post-Dated Cheques (PDCs) : You can submit post-dated EMI cheques from a non-AXIS Bank account at your nearest AXIS Bank Loan Center. A fresh set of PDCs will have to be submitted in a timely manner. Please note Post Dated Cheques will be collected non-ECS locations only. We recommend that you opt for either the SI or ECS mode of payment as they are both faster and less prone to error than the use of PDCs."

How do I submit a fresh set of post-dated EMI cheques?

Please submit your fresh set of post-dated cheques at your nearest AXIS Bank Loan Center.

Can I make part-prepayment towards my AXIS Bank Home Loan? Will any charge be applicable?

"Yes, you can make a part-prepayment towards your Home Loan at your nearest AXIS Bank Loan Center. If you are on a floating interest rate, no charge will be applicable. If you are on a fixed rate of interest"

How do I update my mobile number and the email address registered under my Home Loan account?

"You may update your mobile number and email address in either of the following ways: • By calling Axis Bank Call Center at any of these toll free numbers: 1800 233 5577 or 1800 209 5577 or 1800 103 5577. • By using your registered email i d to write to Axis Bank at: loans@axisbank.com "

How do I update my new mailing address?

"If your new mailing address is the same for which the loan has been taken, you may change the address in either of the following ways: • By calling Axis Bank Call Center at any of these toll free numbers: 1800 233 5577 or 1800 209 5577 or 1800 103 5577. • By using your registered email i d to write to Axis Bank at: loans@axisbank.com If your new mailing address is not the one for which the loan has been taken, you will need to visit us in person at your nearest AXIS Bank Loan Center along with an original and self-attested copy of your new address proof and photo identity."

Whom should I contact for the List of Documents I have submitted in support of my AXIS Bank Home Loan?

"You may get the List of Documents in either of the following ways: • By calling Axis Bank Call Center at any of these toll free numbers: 1800 233 5577 or 1800 209 5577 or 1800 103 5577. • By using your registered email id to write to Axis Bank at: loans@axisbank.com"

How do I foreclose my Home Loan? Will there be any charge for the foreclosure?

"Before we process a foreclosure, all outstanding dues must be cleared. So we request you to first check for and clear any remaining amount that may be payable towards your Home Loan by requesting a foreclosure statement from your nearest AXIS Bank Loan Center. Once all outstanding dues have been cleared, please submit a foreclosure request at the Loan Center, and we will begin processing your request."

How soon after the foreclosure will I get back my original property documents?

Once your loan account is closed, you may collect your property documents after 16 days from your nearest AXIS Bank Loan Center.

About Axis Bank

Axis Bank Limited provides a suite of corporate and retail banking products. The Bank operates through four segments: Treasury, Retail Banking, Corporate/Wholesale Banking and Other Banking Business. Its Treasury operations include investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the proprietary account and for customers.

Its Retail Banking constitutes lending to individuals/small businesses and activities include liability products, card services, Internet banking, mobile banking and financial advisory services among others. Its Corporate/Wholesale Banking includes corporate relationships not included under Retail Banking, corporate advisory services, placements and syndication, project appraisals, capital market related services and cash management services. Its Other Banking Business includes para banking activities, such as third-party product distribution and other banking transactions.

Axis Bank Highlights

'Best Loyalty Program of the year',  9th Loyalty Awards 2016
Best Security among Private Sector Banks in India by DSCI, 2015
'Best Audit Committee' by Asian Centre for Corporate Governance & Sustainability, 2015
Innovation in Social Pay-Aegis Graham Bell Awards 2015
Best Domestic Bank in India- Asiamoney Best Banks 2015
No. 1 Promising Banking Brand of 2015, ET Best Brands 2015

Home Loan Can Be Used For Many Purposes Like Below

For Construction of a New House

For Purchase of Dream Home

For Interiors of Home

Purchase of Open Land

To Buy an Apartment

Home Renovation

To Purchase a New Villa

Construction of Commercial Building

Why Home Loans?

Most of the families prefer to have their own house whether big or small. There is a significant difference staying in a self owned house than in a rented shelter. House is the most costly asset owned by middle and upper middle class families and it has emotional value. Affording own house with actual money is not always possible. Even though a person has stable income, years of savings are required to own a house in this current market. A Home loan answers the problems of those people who are willing to have their own home but do not have sufficient money to do that. You can now own your dream home by availing Home loan.

Home loan is normally for purchase of a new House/ Flat/Plot or renovation/ renewing of existing residential or commercial properties. Home loans are provided by Banks and registered finance companies. In Indian market there are several Banks/ HFCs providing Home loans at competitive interest rates. Home loan is always secured against the property that you buy. In case you are unable to repay the loan amount the lending bank will have right to take possession of the home.

In case of a Home loan entire lump sum amount will be sanctioned and disbursed initially based on the credit worthiness. You can plan your housing loan repayment tenure varying from 10-30 years and is repayable in form of EMIs. The rate of interest applicable is linked with Bank's base rate. You have a option to chose floating interest rate or fixed interest rate for the loan amount. For those who want the EMI amount to be fixed and are intending to plan their payments accordingly can opt for fixed interest rate. Those who are ready to take minimal risk and intend to avail the advantage in the long run can avail floating rate of interest. Floating rate of interest is more beneficial in the long run.

Expert Advice

Best Practices for Home Loan

Buyer has to ensure sufficient due diligence before finalizing the property. Certain aspects like builder credibility, availability of required approvals, and legal clearance of property to be checked before buying a property. Though it costs little extra it is advisable to get the assistance of experts for buying a property. This will help in avoiding costly mistakes.
Calculate and plan the total expenditure involved in purchasing a property. Apart from the cost of the property there are other related expenses like stamp duty, loan application charges, processing fee, valuation fee, legal fee etc which need to be meet from own funds of the buyer. Property buyer to invest around 20-25% of the total cost apart from loan. It is to be ensured that sufficient cash reserves are available to meet these expenses.
Based on your earning and repaying capacity decide the home loan amount to be taken. The various factors to be taken into consideration include your income, fixed obligations, remaining work experience, future growth prospects, future expenses like children education, marriage etc, other source of income, job related risks etc. This thorough analysis will help in taking right decision. This will help in not making a mistake of taking small loan when your income supports higher loan and taking high loan when your income do not support a huge amount.
Improve your credit history. Clearing of all overdue before applying for home loan will helps to improve the credit score. It is to be noted that your loans will not go into 30-60 or 90 days delinquency which reduce the credit score. Loan dues to be paid before the credit card payments which have higher impact on the credit score then the credit card payment. Prioritize the payments.
Do hold all the documentation required for processing the loan in originals and copies. This will help in easy verification of documents and fast processing. Any change in the employment, changes in pay structure etc during the loan process to be intimated to the concerned officer who helps in avoiding disconnect.
Save the best possible amount from your income. This will help you in having the large down payment. During the tenure of loansave the income, which can be used for prepay of principal amount. Ensure that there are no prepayment charges before making prepayment.

Things not to do for Home Loan

Do not avail any short term loans like vehicle loans, Home Loans, credit cards before going for a home loan. Any additional loan taken will reduce your Home Loan eligibility.
Do not be very optimistic about your future income and make a choice of high loan amount. This will increase your worries and you make feel unsecured.
Do not change your employer without knowing the impact on the approval of your Home loan.
Do not get into a contract with emotions, do proper research before taking a property and ensure it is right fit for you.
Do not jump into a conclusion, do the required homework before applying for home loan.
Do not forget to read the small print, ensure to read all the terms and conditions before signing the agreements.
Do not forget to make the payment of instalments. Ensure sufficient balance in the account to meet the EMI on a monthly basis.
Do not apply for a home loan only just you have eligibility. First select the property get the technical and legal cleared then go for the home loan. In case if you have applied for a home loan and it is sanctioned based on your income, subsequently property is not eligible under Bank norms you will end up losing the processing fee.

Interest Rates

1) Credit/CIBIL History:
If you have good credit/CIBIL record then banks will definitely award you with a better rate of interest. This means that if you have taken a loan previously and managed to pay it off without defaulting then you will have a high credit/CIBIL score. Apart from the loan the banks also take into account payment of your credit card bill record.
2) Nature of Employment:
The nature of your job also plays a crucial role in determining the interest rate. Banks have different checks in place if you are a salaried individual vis-à-vis a self employed person. So if you are working with a reputed organization then banks will be able to extend a cheaper rate of interest. But if you are working with an organization that is not very well known then a higher rate will be charged. In case you have your own business then banks will give you a loan even if you are in an advanced age. On the other hand in case you are a salaried employee then a loan will not be extended if you are nearing the age of retirement.
3) Bank-Customer relationship:
If you approach the bank where you already have a bank account and you are a valued customer then banks may give you certain leeway. This mean you can negotiate with the bank for a cheaper interest rate. Most banks agree to give a concession of 0.5-1% on the interest rate.

So next time you go around shopping for a Home loan, remember that these three points will affect the amount that the bank sanctions and the interest rate that it is levied. In the next article we will cover more points that affect interest rates on Home loan. So stay tuned!

Other Benefits

1) Tax Benefits:

As per Income Tax Act 1961, under section 80C, Principal repayment up to Rs. 100000 on your home loan taken for purchase or construction of a residential home property is eligible for deduction from gross salary on a annual basis.

As per Income Tax Act 1961, under section 24, Interest on home loan to an extent of Rs. 150000 P.A is allowed as expenditure under the head “Income from House Property”.

In case home loan is take by two or more jointly then under sec 80C deduction is allowed on proportionate basis.

2) Tips for Home Loan:

To increase the loan eligibility go for a joint loan. Combine your income with that your spouse or your parents.

Loans must not be taken for holidays, investing in stocks, weddings, buying expensive gadgets etc.

In case of Bad credit score take a short term loan (6 months) and repay it promptly and improve your score then.

Have the property insurance and buy loan protector life insurance for unexpected future risks.

Do not avail any short term loans like vehicle loans, Home Loans, credit cards before going for a home loan.  Any additional loan taken will reduce your Home Loan eligibility.

Facts about Home Loans

The Banks/Financial Institutes takes care about the following, when you apply for a Home Loan.

A) Earnings & repayment capacity

The Banks/Financial Institutes have their own norms and hence there will be difference in the loan amounts sanctioned to you by different the Banks/Financial Institutes. The main focus of the Banks is on your repayment capacity. They analyze how comfortably you will be able to pay the EMIs throughout the tenure of the loan. This analysis is done based on the ratios like Fixed obligation to Income ratio (FOIR) and Installment to income ratio (IIR).

These ratios are expressed in percentage. FOIR includes all your fixed obligations including EMIs on your existing loans. IIR indicates the percentage of monthly home loan installment of the total income. These two ratios may vary based on actual salary details, years of experience, stability of income, professional qualification, future career growth prospects etc.

B) Property legal and technical clearance:

Banks will not finance all properties. Banks look into various aspects like type of property, locality, Builder etc. They have certain type of properties and localities classified as negative. Therefore before finalizing a property one has to check whether the property is eligible for funding. Though it costs you little extra it is always better to check the legal and technical aspects before buying a property. Banks normally have loan to value (LTV) of 70-85% of value/ cost of the property considering type of property.

Apart from the above two mentioned parameters there is one additional and most important thing the Bank looks into is Credit history. Willingness to repay can be understood from ones past credit history and banking track.

Before selecting the Bank the following are the few points to be understood. All these will help you in selecting a right home loan lender for purchasing your dream home.

1. What is the Loan amount which the Bank is willing to extend based on FOIR?
2. What is Loan to value of the property?
3. What is the EMI amount and repayment tenure allowed?
4. What are the prevailing Interest rates and what is offered to you?
5. What are the other charges involved like processing fee, administrative fees, legal & technical fee, prepayment penalties, stamping charges, annual maintenance charges, insurance policy etc?
NOTE: Last but not least do not forget that any default in payment of home loan installments is more costly than your regular rent payments. Any such default will affect your Credit history badly and you have to bear high penalty for the same.

Home Loan Vs Mortgage Loans

Home Loans Mortgage Loan
Home loan can be availed for own/purchase of new property (Home or Flat). Mortgage loans will be provided based on already owned property.
Under Home Loan, loan can be availed only for purchase of new property. There is no restriction on mortgage loan usage. It can be used for any purpose.
Housing Loan will be provided for max of 25 years, some banks can extend it to 30 years also. Mortgage loans will be restricted to max of 10 years of term, which will be varying from bank to bank in India.
Home Loans interest will be as low as 9.95% to max of 11.5%, these interest rates will be subject to change as per market condition. Interest rate will be very from 12% to max of 15% based on the bank to bank. Generally mortgage loans will be fixed interest loans.
Home Loan customers can be eligible for Income tax deduction of Rs 1.00 lakh on housing loan interest under section 80EE. This would be in addition to the existing tax benefit of Rs 1.5 lakh under section 24, only if the value of the property purchased should not exceed Rs 40 lakh. Also, it could result in maximum savings of Rs 30,000-31,000. If the money received from a mortgage loan is used for business purposes, the interest can be claimed as an expense on the balance sheet of the business. However, if an individual is using it for personal end use, like marriage or medical expenses, the interest is not tax deductible as per income tax guidelines.
Loan can be availed up to max of Rs. 1.0 Cr under home loan, for real estate project funding it can be up to Rs. 20.0 based on the bank risk appetite. Mortgage Loans can be avail up to Rs. 15.0 cr based on the type of property and its usage and value of property and eligibility of applicants as per banks norms.
There is no prepayment penalty for the housing loan customers, when the loan will be cleared by the own funds. There will be pre payment changes will be applicable for mortgage loans. This will be vary from 1% to 3% as per bank internal guidelines.
Part pre Payments will be allowed in Housing Loans. There were no part prepayment will be allowed for Mortgage loans.
Housing Loan can be availed with joint eligibility by Husband and wife or blood relatives. Mortgage loans also avail with the joint eligibility as company and director or blood relatives.
You can avail max of 80% of the property value as a home loan as per your eligibility criteria. In Mortgage Loan max of 65% property value can avail as a Loan based on the type of property.
You can avail a top loan facility on your home loan. Top up facility will be vary from bank to bank internal guidelines.

About Hyderabad

Hyderabad city is the capital city of the Indian state of Andhra Pradesh, in the region of Telangana.

The city has an estimated population of around 8 million, making it 4th largest city in India, while the population of the metropolitan area was estimated above 9 million. Religiously and culturally, the city is united with Hindus, Muslims and Christians.

Hyderabad is an emerging information technology (or IT) and biotechnology hub of India. Hyderabad's many epithets include the City of Pearls, the City of Nawabs, the Biryani City and, because of its high-tech draw, Cyberabad.

Hyderabad has witnessed a remarkable growth in the real estate business. A number of mega malls have come up and are being built in the city. The rapid growth of the city, along with the growth of Secunderabad and neighbouring municipalities has resulted in a large metropolitan area.

Other Cities Loan Offers

Places To Be Visited In Hyderabad

Salar Jung Museum (12 km)

    The Salar Jung Museum in Hyderabad has a unique distinction as the third largest museum in India and earned a worldwide fame for its largest one-man collection of antiques. It is a home for the prized collections from different civilizations. The Museum is a royal treat for art collectors with its 43,000 art objects and 50,000 priceless books and manuscripts. The collections range from Indian Art, Middle Eastern Art, European Art, Far Eastern Art, Children Art etc.

Birla Mandir (5 Km)

    The sparkling white structure visible through skyline of modern Hyderabad, Birla Mandir is located towards the southern end of Hussain Sagar Lake in Hyderabad situated atop the Kala Pahad which is a twin hillock of Naubat Pahad. The Birlas had built this temple in 1976 with white marbles procured from Rajasthan. The temple is dedicated to Sri Venkateswara. The hillock is at a height of 280-feet situated on a 13-acre plot

Golconda Fort (15 Km)

    Golconda was the principal capital of the Qutub Shahi kings and a bustling centre for administration and commerce. This historical monument was constructed in the 1600’s. It was once considered to be home to a vault containing the ‘Hope’ and ‘Kohinoor’ diamonds. The inner fort has ruins of palaces, mosques and a hill top pavilion, which rises to more than 120 meters high and gives a bird’s eye view of other buildings. Golconda fort is undoubtedly one of most magnificent fortress complexes in India and it rests on a granite hill, considered an iconic monument depicting the history of Hyderabad.

Nehru Zoological Garden (24 km)

    Established in 1959, Considered to be among the best zoos in Asia, the Nehru Zoological Park is home to more than 1,500 species of birds, animals, and reptiles. The zoo hosts different species such as Indian Rhino, Bengal Tiger, Mynahs, African Elephants, White Peacocks, Chimpanzees,Rhinoceros and Python are some of the attractions that make the place unforgettable.

Charminar (13 km)

    Charminar is a monument and a mosque, which is synonymous with the history of Hyderabad, India. The majestic structure was completed in 1591 CE and is not only a landmark building of Hyderabad but also a famous monument of India. A must visit place for anyone who wants to treat his eyes to an architectural masterpiece, the ‘Charminar’ is shrouded by myths regarding the purpose behind its construction.

Hussain Sagar (3 km)

    Built by noted Sufi saint, Hazrat Syed Hussain Shah Wali in 1526, this lake is located across an area of 5.7 sq.Km. It receives its water supply from the Musi River. Boasting of some exotic surroundings, Hussain Sagar serves as the ideal location for a tranquilising evening with loved ones.

Lumbini Park (5 km)

    Maintained by the Buddha Purnima Project Authority as per the directives issued by the Telangana government is urban park was constructed in 1994. It is a dream come true for those willing to enjoy scenic beauty and that right in the heart of Hyderabad.

Jagannath Temple (10 km)

    You can add a spiritual/religious flavor to your trip by visiting the ‘Jagannath Temple’ which is located in the Banjara Hills. A replica of the original temple in Puri, this sacred monument serves as a fitting tribute to the Oriya community in the city.

Falaknuma Palace (16 km)

    Equipped with a lavish reception room and a library which has a roof carved from Walnut, the Falaknuma was once private property of the Nizam’s royal family. On the architectural front, it a blend of the Italian and Tudor styles. Interestingly, its last significant guest was Rajendra Prassad who visited the palace in the 1950’s.

Ramoji Film City (55 km)

    The brainchild of noted film producer Ramoji Rao, this celebrated facility was certified the world’s largest film studio complex in the world by the Guinness book of world records nearly two decades ago. A host of films have been shot here. A popular tourist attraction, it boasts of some impressive features such as a full-fledged amusement park.

Total Number Of Branches In Hyderabad (1875)

STATE BANK OF INDIA (224 Branches)STATE BANK OF HYDERABAD (168 Branches)ANDHRA BANK (162 Branches)HDFC BANK (114 Branches)SYNDICATE BANK (84 Branches)ICICI BANK LTD (79 Branches)CANARA BANK (79 Branches)AXIS BANK (61 Branches)KOTAK MAHINDRA BANK LTD (57 Branches)INDIAN OVERSEAS BANK (46 Branches)VIJAYA BANK (46 Branches)THE STATE CO-OP BANK LTD (45 Branches)CENTRAL BANK OF INDIA (45 Branches)PUNJAB NATIONAL BANK (43 Branches)UNION BANK OF INDIA (38 Branches)ING VYSYA BANK (38 Branches)INDIAN BANK (36 Branches)BANK OF INDIA (36 Branches)BANK OF BARODA (35 Branches)ORIENTAL BANK OF COMMERCE (34 Branches)THE AP MAHESH CO-OP BANK LTD (33 Branches)CORPORATION BANK (33 Branches)KARUR VYSYA BANK (29 Branches)ALLAHABAD BANK (27 Branches)YES BANK (24 Branches)UCO BANK (22 Branches)SOUTH INDIAN BANK (22 Branches)IDBI BANK (22 Branches)DENA BANK (17 Branches)LAKSHMI VILAS BANK (16 Branches)BANK OF MAHARASHTRA (15 Branches)INDUSIND BANK (12 Branches)CITY UNION BANK LTD (12 Branches)FEDERAL BANK (12 Branches)STATE BANK OF MYSORE (12 Branches)UNITED BANK OF INDIA (11 Branches)KARNATAKA BANK LTD (10 Branches)STATE BANK OF TRAVANCORE (9 Branches)DCB BANK LTD (8 Branches)STATE BANK OF BIKANER & JAIPUR (6 Branches)THE SHAMRAO VITHAL CO-OP BANK (6 Branches)TAMILNAD MERCANTILE BANK LTD (5 Branches)PUNJAB & SIND BANK (5 Branches)DHANALAXMI BANK (5 Branches)STATE BANK OF PATIALA (4 Branches)STANDARD CHARTERED BANK (3 Branches)JAMMU & KASHMIR BANK LTD (3 Branches)CATHOLIC SYRIAN BANK LTD (3 Branches)BANDHAN BANK LTD (3 Branches)LAKSHMI VILAS BANK (2 Branches)CITI BANK (2 Branches)BHARATIYA MAHILA BANK LTD (1 Branches)STATE BANK OF INDIA (1 Branches)STATE BANK OF MYSORE (1 Branches)B N P PARIBAS (1 Branches)BANK OF BAHARAIN & KUWAIT BSC (1 Branches)IDFC BANK LTD (1 Branches)HSBC BANK (1 Branches)RBL BANK LTD (1 Branches)RESERVE BANK OF INDIA (1 Branches)THE NASIK MER CO-OP BANK LTD (1 Branches)THE ROYAL BANK OF SCOTLAND N V (1 Branches)STATE BANK OF INDIA (1 Branches)
15-12-2017, 12:18
ICICI Bank has Reduced the Interest Rate on One year Deposits by 15 basis points
ICICI Bank has reduced the interest rate on one year deposits by 15 basis points to 6.6 percent per annum. The reduced rate will apply to fixed deposits of under Rs 1 crore with a ...
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07-12-2017, 19:47
ICICI Bank Offers Service to Open Public Provident Fund Account Online
ICICI Bank has launched a digital service to allow customers top open a public provident fund account (PPF) online, eliminating the need for furnishing paper documents. The digital ...
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05-12-2017, 16:25
Punjab National Bank Raises Bulk Deposit Interest Rate By 0.5 percent
Punjab National Bank has increased interest rate on bulk deposit of over Rs 1 crore by 0.5 percent. Effective from December 1st.
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30-11-2017, 17:19
Allahabad Bank Slashes Marginal Cost of Funds Based Lending Rate by 5 bps
Allahabad bank reduced its Marginal cost of funds based lending rate by 5 basis points across all tenors with effective from December 1st.
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28-11-2017, 19:51
Paytm Payments Bank target is to become largest full service digital bank in the world
Paytm Payments Bank is targeting to become the world largest digital bank with 500 million bank accounts and aims to turn into an integrated financial services company that offers ...
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16-11-2017, 16:29
Dena Bank Offers Home Loans Interest Rate at 8.25 percent
Dena Bank said, it will offer home loans at 8.25 percent on a par with its one year marginal cost of funds based lending rate (MCLR) and the lowest in the industry for loan amounts ...
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