Buy a ready home
Flats, villas and independent houses that are ready to move in.
- Up to 75–90% of the property value
- Tenure up to 30 years
- Resale or new
Home Loans · Hyderabad
Your home loan, without the running around
We compare offers from major banks and housing finance companies, prepare your paperwork and follow up until the money reaches the seller. Our service is free for you.
Free for youOffers from major lendersOne advisor, start to finishHyderabad
Loans we help with
The right loan for how you're buying
Under-construction
Builder projects paid in stages as construction progresses.
- Pay interest only on what's released
- TS RERA-registered projects
- Pre-approved projects move faster
Plot + construction
Buy a plot and build on it with one loan.
- Plot loan, then a construction loan
- HMDA / DTCP approved layouts
- Released in stages
Build or renovate
Build on land you own, extend or renovate your home.
- Self-construction
- Extension and renovation
- Based on approved plan and estimate
Balance transfer
Move your existing loan to a lender with a lower rate.
- Lower EMI or shorter tenure
- Top-up at the same time
- We work out if it's worth it
Top-up loan
Extra funds on your existing home loan.
- Usually cheaper than a personal loan
- Any personal need
- Added to your current EMI
NRI home loans
Buy in Hyderabad while living abroad.
- Salaried and self-employed NRIs
- Paid through NRE / NRO accounts
- Documents handled remotely
Joint home loans
Add a co-applicant to borrow more.
- Spouse, parent or sibling
- Combined income = higher eligibility
- Tax benefit for each co-owner
How it works
From first call to keys in hand
- Step 1
Free call
Tell us about the property, your income and your budget. 15 minutes, no paperwork.
- Step 2
Eligibility & offers
We work out how much you can borrow and compare lenders for the best fit, not just the lowest headline rate.
- Step 3
Documents & application
A checklist made for you. We check everything before applying to the lender you choose.
- Step 4
Property checks
The lender verifies title and approvals. We coordinate the visits and answer their queries.
- Step 5
Sanction & disbursement
Sanction letter, loan agreement and payment to the seller or builder, all followed through.
Plan your budget
EMI & eligibility calculator
Indicative figures to help you plan. Your lender's offer decides the final numbers.
₹50 lakh
An example rate. Enter the rate your lender offers you.
Monthly EMI–
Principal–
Total interest–
Total you pay–
Year-by-year breakdown
| Year | Principal | Interest | Balance |
|---|
How much can I borrow?
Enter your income to see an estimate at the rate and tenure above.
Lenders typically allow total EMIs of 40–60% of take-home income depending on income level, credit score and employer. This estimate uses 50%. Adding a co-applicant's income can raise it.
Good to know
What lenders look at
- Credit score. Most lenders give their best rates to scores of 750 and above. Paying cards and EMIs on time matters most.
- Down payment. RBI caps loans at 90% of the property value up to ₹30 lakh, 80% up to ₹75 lakh and 75% above that. You pay the rest.
- Stamp duty & registration. These are paid by you on top of the down payment and usually aren't funded by the loan, so budget for them.
- Stable income. Salaried applicants need steady employment; self-employed applicants usually need 2–3 years of ITRs.
- The property. Clear title and approvals. A lender's "approved project" status can speed things up.
Save tax
Tax benefits on a home loan
- Interest, section 24(b). Up to ₹2 lakh a year for a home you live in, under the old tax regime.
- Principal, section 80C. Up to ₹1.5 lakh a year within the 80C limit, under the old tax regime.
- New tax regime. These deductions aren't available for a home you live in. Interest on a let-out property can still be deducted.
- Joint loans. Each co-owner who is also a co-borrower can claim their own share.
Not sure which regime suits you with a home loan? Compare old vs new or file your ITR with a CA.
Be ready
Documents checklist
The usual list. Your lender may ask for a little more; we'll tell you exactly what.
- PAN and Aadhaar
- Last 3 months' salary slips
- Last 6 months' bank statements (salary account)
- Form 16 or ITRs for the last 2 years
- Employment letter or ID card
- Passport-size photographs
- PAN and Aadhaar
- ITRs with computation for the last 2–3 years
- Audited or CA-certified P&L and balance sheet
- Last 12 months' bank statements (business and personal)
- Business proof: GST registration, Udyam or trade licence
- Office address proof
- Passport and visa / residence permit
- Overseas address proof
- Employment contract and last 3–6 months' salary slips
- Last 6 months' overseas and NRE / NRO bank statements
- Power of attorney for someone in India (if you can't be present)
- Some lenders: a credit report from your country of residence
- Agreement of sale / allotment letter
- Title deed and previous link documents
- Approved building plan and layout (GHMC / HMDA / DTCP)
- TS RERA registration (under-construction projects)
- Encumbrance certificate (EC)
- Latest property tax receipt
Questions
Home loan FAQs
Is your help really free?
Yes. You don't pay Hanvitt anything for home-loan assistance. Lenders may charge their own processing fee, which we'll show you before you apply.
Which banks can you get me a loan from?
We work with NoBroker, whose home-loan platform covers offers from banks and housing finance companies across the market. We compare them for your profile and property, then apply only where you choose.
Will comparing offers affect my credit score?
Talking to us and comparing doesn't. A lender checks your credit report when you formally apply, so we help you apply where you're most likely to be approved rather than everywhere.
How long does it take?
Once your documents are complete, sanction often takes one to two weeks. Disbursement depends on property checks and the agreement, and on construction stages for under-construction homes.
I already have a home loan. Can you lower my EMI?
Possibly, through a balance transfer to a lender with a lower rate. We'll check whether the saving is worth the switching costs before you decide.
Can NRIs get a home loan for a property in Hyderabad?
Yes. Salaried and self-employed NRIs can apply, with EMIs paid from an NRE or NRO account. Much of the process can be done remotely or through a power of attorney.
Buying a home in Hyderabad?
Get a free call from a home-loan advisor. No obligation, no spam calls.
Hanvitt provides home-loan assistance in partnership with NoBroker. Hanvitt is not a lender. Loans are offered and sanctioned by banks and housing finance companies at their sole discretion, and interest rates, fees and eligibility are set by the lender. Calculator results are indicative only. Tax benefits depend on the tax law in force and your situation.