Home Loan Comparison
Kotak Mahindra Home Loan vs TATA Capital Home Loan vs Ujjivan Small Finance Bank Home Loan vs Jana Small Finance Bank Home Loan
Introduction
When choosing a home loan, it's essential to understand your options. Compare Kotak Mahindra, TATA Capital, Ujjivan Small Finance Bank, and Jana Small Finance Bank to see how they differ in terms of interest rates, loan flexibility, and customer service. This guide will assist you in selecting the loan that best meets your needs.
Bank Highlights
Kotak Mahindra Home Loan
- Attractive Interest Rates
- Minimal Documentation
- 50% off on processing fees for all digital applications
- Customizable Tenure
TATA Capital Home Loan
- Digital Application Process
- Instant Provisional Sanction
- Online Prepayments are Easy and simple
- Minimal Documentation
- Approval in 48 Hours
Ujjivan Small Finance Bank Home Loan
- Easy documentation
- Lower EMIs
- Fast approval and disbursement
- Smooth, hassle-free process
- Flexible policies
Jana Small Finance Bank Home Loan
- Lower EMI Options
- Transparent Terms and Conditions
- Dedicated Customer Support
- Fast Approval and Disbursement
- Flexible Policies
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
Kotak Mahindra vs TATA Capital vs Ujjivan Small Finance Bank vs Jana Small Finance Bank 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 comparing home loans from Kotak Mahindra, TATA Capital, Ujjivan Small Finance Bank, and Jana Small Finance Bank, interest rates are a key factor. Kotak Mahindra provides rates of 8.65% - 9.85%, appealing to those wanting lower monthly payments. TATA Capital offers rates of 8.75% - 10%, which may result in greater long-term savings. Ujjivan Small Finance Bank features rates of 8.75% - 16.75%, offering flexibility for different financial plans. Jana Small Finance Bank presents rates of 9.75% - 11.00%, suitable for borrowers seeking competitive terms.
Loan Tenure
Kotak Mahindra allows loan tenures up to Max 30 Years, helping minimise the monthly financial burden. TATA Capital offers loan periods up to Max 30 Years, catering to borrowers seeking a balanced repayment schedule. Ujjivan Small Finance Bank provides loan tenures up to Max 20 years, ideal for those who wish to settle their loan faster. Jana Small Finance Bank extends tenures up to Max 30 years, providing additional options for repayment.
Maximum Loan Amount
For the maximum loan amount, Kotak Mahindra extends up to Upto 5cr, suitable for high-end property purchases. TATA Capital caps at Upto 5cr, fitting for standard housing investments. Ujjivan Small Finance Bank offers up to Upto 75 Lakhs, perfect for more affordable real estate endeavours. Jana Small Finance Bank provides loans up to Upto 3 Cr, accommodating a broad range of property prices.
Processing Fees
Processing fees differ among the banks. Kotak Mahindra imposes 0.5% - 1.00% of the loan amount, TATA Capital charges upto 2% of loan amount+ GST, Ujjivan Small Finance Bank requires ₹ 3,350 + GST applicable (Non – refundable), and Jana Small Finance Bank sets its fee at 0.5%-2% of the loan amount + GST applicable. It's essential to account for these fees when calculating your overall loan expenses.
Conclusion
To ensure your home loan selection meets your financial needs, thoroughly review the critical elements—interest rates, eligibility conditions, loan tenures, maximum loan amounts, and processing fees—across the offerings from Kotak Mahindra, TATA Capital, Ujjivan Small Finance Bank, and Jana Small Finance Bank.
Get detailed answers to the most frequently asked questions, tailored for your peace of mind.