Home Loan Comparison
Aavas Housing Finance Home Loan vs Hinduja Housing Finance Home Loan vs Repco Home Finance Home Loan
Introduction
When it comes to financing your home, Aavas Housing Finance, Hinduja Housing Finance, and Repco Home Finance are top contenders. These banks provide home loans to both salaried and self-employed borrowers, accommodating various property types from apartments to villas. Let's compare their interest rates, processing fees, and loan terms to determine which option offers the best value for your situation.
Bank Highlights
Aavas Housing Finance Home Loan
- Wide Range of Eligible Properties
- Integrated Branch Network
- Loan Amount Flexibility
- Flexible Tenure Options
Hinduja Housing Finance Home Loan
- Fast track approval process
- Balance Transfer facility
- Flexibility Tailored for You
- Dedicated Customer Support
Repco Home Finance Home Loan
- Fast track approval process
- Balance Transfer facility
- Flexibility Tailored for You
- Dedicated Customer Support
Disclaimer
The interest rates, maximum tenures, and other charges are subject to change, and it's advisable to check with our experts for the most current information.
Home Loan Calculations
Aavas Housing Finance vs Hinduja Housing Finance vs Repco Home Finance Calculations
Calculator
Home Loan EMI Calculator
WhatsApp UsLoan Amount
₹ 0
Interest Amount
₹ 0
Total Payable
₹ 0
Monthly EMI
₹ 0
Your Amortization details(Yearly/Monthly)
Feature Comparison
Rate of Interest
When exploring home loan options from Aavas Housing Finance, Hinduja Housing Finance, and Repco Home Finance, it's important to compare their interest rates. Aavas Housing Finance offers competitive rates of 8.50-10.5%, which can help reduce your monthly payments. Hinduja Housing Finance provides rates of 10.50%-15.00%, potentially offering better savings over the loan period. Repco Home Finance presents rates of 10.10-15.00%, ideal for borrowers looking for adaptable financing solutions.
Loan Tenure
Aavas Housing Finance offers loan tenures extending up to Max 30 years, perfect for those who prefer lower monthly obligations. Hinduja Housing Finance provides loan periods up to Max 25 years., balancing repayment duration and financial flexibility. Repco Home Finance allows loan tenures up to Max 30 years, suitable for borrowers aiming to repay their loan more quickly.
Maximum Loan Amount
Regarding the maximum loan amount, Aavas Housing Finance grants loans up to Upto 3cr, making it suitable for purchasing premium properties. Hinduja Housing Finance offers a ceiling of Upto 1 cr, ideal for standard home investments. Repco Home Finance supports loans up to Upto 10 cr, catering to more modest property acquisitions.
Processing Fees
Processing fees are an important consideration. Aavas Housing Finance charges Up to 2% + GST, Hinduja Housing Finance levies Rs. 4,600, and Repco Home Finance imposes 1.00% of the loan amount. These fees should be included in your initial cost calculations when selecting the most cost-effective loan option.
Conclusion
For a choice that best suits your financial objectives, evaluate key aspects such as interest rates, eligibility requirements, loan terms, maximum loan limits, and processing fees offered by Aavas Housing Finance, Hinduja Housing Finance, and Repco Home Finance in their home loan products.
Get detailed answers to the most frequently asked questions, tailored for your peace of mind.