Housing Finance Companies in India to Attract For Home Loans


The Housing finance companies in India has developed at an exponential rate over last five years. The huge demand of houses for residential and commercial purposes has significantly helped the real estate sector to flourish.

Along with the speedy growth of the housing finance sector a cut throat competition among the companies have also developed. Housing finance companies, financial institutions, banks are the top players in this business. They have started giving loans to individuals as well as business houses. To attract the customers the companies brought down the interest rates. The rates offered by these housing finance companies in India are at all time low. Product innovation is another technique followed by these companies.

Housing Finance Companies in India

Both resident Indians and NRI customers can apply for loans from these companies. The NRI customers are not allowed for tax benefit unless and until he/she files return. An applicant for loan can opt either for fixed or floating rates. The loan rates of these companies are between 7.50 – 12 % depending on the repayment years.

Many housing finance companies do not even charge processing fees for home loans.

Some housing finance companies in India are offering free accidental coverage to people who are searching for home loans. The customer can also avail himself of life insurance cover,property insurance and other privileges offered by these institutions. These innovative measures are taken to lure customers. Some of the top housing finance companies in India are mention below:-

Top Housing Finance Companies in India

  • Bob Housing Finance Ltd.
  • Canfin Home
  • Ind Bank Housing Finance ltd.
  • PNB Housing Finance
  • SBI Housing Finance
  • GE Money Home Loan
  • HDFC Housing Finance
  • ICICI Home Loan
  • LIC Housing Finance