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Home Loan in Mumbai

Home Loan in Mumbai from 8.40% p.a.

Compare home loan offers from SBI, HDFC, ICICI, Axis Bank and 100+ lenders for properties in Andheri, Bandra, Thane, Navi Mumbai & all Mumbai localities. Zero fees. Doorstep service.

8.40%
Starting Rate
30 Yrs
Max Tenure
β‚Ή10 Cr
Max Amount
90%
Financing
Check Eligibility β€” Free β†’ Calculate EMI
βœ… No hidden charges βœ… Doorstep service in Mumbai βœ… 48-hour approval

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June 2026 Rates

Home Loan Interest Rates in Mumbai β€” June 2026

Updated rates from top banks offering home loans in Mumbai

Bank / NBFCInterest Rate (p.a.)Max AmountMax TenureProcessing FeeApply
SBI Home LoanLOWEST 8.40% – 9.10% β‚Ή10 Cr30 Yrs0.40% Apply
HDFC Bank 8.50% – 9.25% β‚Ή10 Cr30 Yrs0.50% Apply
ICICI Bank 8.60% – 9.40% β‚Ή5 Cr30 Yrs0.50% Apply
Axis Bank 8.75% – 9.65% β‚Ή5 Cr30 Yrs1.00% Apply
Kotak Mahindra 8.70% – 9.50% β‚Ή5 Cr20 Yrs0.50% Apply
Bank of Baroda 8.40% – 9.15% β‚Ή3 Cr30 Yrs0.50% Apply
PNB Housing 8.45% – 9.20% β‚Ή5 Cr30 Yrs0.35% Apply
Bajaj Housing Finance 8.50% – 9.75% β‚Ή5 Cr30 YrsNil Apply

*Rates are indicative and subject to change. Actual rates depend on profile and lender discretion. T&C Apply.

Mumbai Localities

Home Loans Across All Mumbai Areas

We serve borrowers across every Mumbai locality with doorstep service

Andheri

β‚Ή1.2Cr – β‚Ή4Cr
High demand, fast approvals

Bandra

β‚Ή2Cr – β‚Ή8Cr
Premium locality, NRI friendly

Thane

β‚Ή60L – β‚Ή2Cr
Affordable, fast growing

Navi Mumbai

β‚Ή50L – β‚Ή1.5Cr
Best value, wide choice

Borivali

β‚Ή80L – β‚Ή2.5Cr
Good connectivity, popular

Kandivali

β‚Ή70L – β‚Ή2Cr
Residential hub, easy docs

Powai

β‚Ή1.5Cr – β‚Ή5Cr
IT corridor, premium segment

Worli / Lower Parel

β‚Ή3Cr – β‚Ή10Cr
Ultra-premium, high LTV
Eligibility

Home Loan Eligibility in Mumbai

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Age: 21 to 65 years at loan maturity
βœ“
Salaried: Min. β‚Ή30,000/month net salary (Mumbai standard), 2+ years employment
βœ“
Self-Employed: Min. β‚Ή4L annual income, 3+ years in business with ITR proof
βœ“
Credit Score: 700+ CIBIL score recommended for best rates
βœ“
Property: RERA-registered, clear title, approved by lender's panel
βœ“
NRIs: Eligible for Mumbai properties with NRE/NRO account
Check My Eligibility β†’ Calculate EMI
Documents Required

Documents for Mumbai Home Loan

πŸ“„ PAN Card & Aadhaar Card
πŸ’° Last 3 months salary slips / 2 years ITR
🏦 Last 6 months bank statements
πŸ“‹ Form 16 (last 2 years)
🏠 Sale deed / Agreement to Sale
πŸ“ Approved building plan & IOD/CC
🏒 Society NOC (for resale flats)
πŸ“‹ Encumbrance certificate

Why Mumbai Borrowers Choose MoneyRise

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Mumbai Property Experts

We understand Mumbai's complex property market β€” from MHADA to SRA to redevelopment projects. Our advisors specialize in Mumbai localities.

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Doorstep Service

We come to your home or office anywhere in Mumbai β€” Andheri, Bandra, Thane, Navi Mumbai. No need to visit any bank branch.

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Fastest Approvals

Pre-approved offers from our partner banks for Mumbai properties. Get in-principle approval in 48 hours, disbursement in 7 working days.

Home Loan in Mumbai β€” Frequently Asked Questions

Home loan rates in Mumbai start from 8.40% p.a. (SBI), 8.50% (HDFC Bank), 8.60% (ICICI Bank), 8.75% (Axis Bank) as of June 2026. Rates vary based on your CIBIL score, income and loan amount. Use MoneyRise to compare all lenders and get your personalized rate.
Banks finance 75-90% of the property value in Mumbai. For a β‚Ή1 Crore property you can get β‚Ή75-90 Lakhs. Maximum loan goes up to β‚Ή10 Crore. Your eligibility depends on income β€” most lenders allow total EMIs up to 50% of net monthly income.
SBI and Bank of Baroda offer the lowest rates from 8.40% p.a. HDFC Bank is popular for faster processing, ICICI Bank for NRI loans, and Bajaj Housing Finance for flexible terms. The best bank depends on your profile β€” MoneyRise compares all 100+ lenders for you.
Most banks require minimum β‚Ή25,000-30,000 net monthly salary for Mumbai home loans. For loans above β‚Ή50 Lakhs, many lenders prefer β‚Ή40,000+/month. Self-employed need minimum β‚Ή3-4 Lakhs annual net income with ITR proof.
Yes, NRIs can get home loans for Mumbai properties from SBI, HDFC, ICICI, Axis Bank and others. Rates are 8.50-9.50% p.a. Documents needed: passport, visa, overseas employment proof, NRE/NRO statements and property documents. MoneyRise has NRI loan specialists.
With MoneyRise, you get in-principle approval in 48 hours. Physical property verification takes 2-3 days. Full disbursement for ready possession properties happens within 7-10 working days. Under-construction properties depend on construction stage and builder approvals.

Get Your Mumbai Home Loan Approved in 48 Hours

Compare 100+ banks, get the lowest rate, and enjoy doorstep service across all Mumbai localities.

Mumbai Home Loan