Tailored financing solutions for non-salaried borrowers. Whether you are a doctor, CA, shop owner, or freelancer, top Indian banks now offer home loans starting from 8.50% p.a.* with differentiated pricing and flexible documentation models.
| Lender | Rate (p.a.) | Fee Range |
|---|---|---|
| SBI | 8.50% onwards | 0.35% |
| HDFC | 8.50% onwards | 0.5%–1.5% |
| LIC HFL | 8.50% onwards | ₹15k–₹50k |
| BOB | 8.40% onwards | 0.25%–0.5% |
| Bank / HFC | Interest Rate | Processing Fee Logic |
|---|---|---|
| Kotak Mahindra Bank | 8.75% p.a. onwards | 1% of loan amount + taxes. |
| Bajaj HFL | 9.10% p.a. onwards | Up to 4% of loan amount. |
| Tata Capital HFL | 8.75% p.a. onwards | Starts from 0.20% + GST. |
| Canara Bank | 8.40% p.a. onwards | 0.50% (₹1,500 – ₹10,000 max). |
| Bank of India | 8.40% p.a. onwards | SEP: 0.25%; SENP: 0.50%. |
| Karur Vysya Bank | 9.00% p.a. onwards | Fixed slabs: ₹2,500 – ₹7,500. |
Independently qualified service providers with formal certifications.
Business owners and traders operating without professional degrees.
| Property Value | Max Loan (LTV) |
|---|---|
| Up to ₹30 lakh | Up to 90% |
| ₹30 lakh to ₹75 lakh | Up to 80% |
| Above ₹75 lakh | Up to 75% |
| Type | Required Documents |
|---|---|
| KYC | PAN, Aadhaar, Passport, Voter ID or Driving License. |
| Income (Financials) | ITR (last 2-3 yrs), Form 26AS, Audited Balance Sheets, P&L Statements. |
| Business Proof | GST Reg, Trade License, Registration Cert, Service Tax Reg. |
| Bank Statements | Last 12 months of personal and/or business account statements. |
| Property | Sale Agreement, Title Deed, NOC, Approved Plan, Valuation Reports. |
No Salary Slip? No problem. Banks accept alternative proofs like deposit evidence, audited financials, or employer affidavits for self-employed applicants.
EMIs start only after full disbursement—ideal for under-construction properties.
Scale up EMIs as your business grows to close the loan faster and save interest.
Longer tenures (up to 30 yrs) to maintain affordable EMIs and higher eligibility.
| Criteria | Salaried | Self-Employed |
|---|---|---|
| Age Range | 21–70 Years | 23–70 Years |
| Experience req | 2 yrs current job | 3 yrs same business |
| Income Proof | Salary slips, Form 16 | ITRs, Audited Accounts |
| Complexity | Faster Processing | Detailed verification needed |
Self-employed loans sometimes carry a small premium due to:
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