Quick Answer: Indian banks typically offer home loans up to 60× your monthly net salary. Maximum LTV (Loan to Value): 75–90% of property value. Current home loan rates: 8.5–9.5% p.a. (2026). Use this calculator to find your exact eligibility and EMI.
Home loan eligibility depends on: monthly income, age, existing EMIs, credit score, and employment type. Banks typically allow total EMI burden (all loans) to be maximum 50% of net monthly income. A CIBIL score above 750 gets you the best interest rates. Self-employed applicants need 2 years of ITR.
Home Loan Application Steps:
Check CIBIL score (free at cibil.com) — aim for 750+
Compare rates across banks (SBI, HDFC, ICICI, Axis, Kotak)
Submit application with: ITR 2 years, 6-month salary slips, bank statements