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Why Choose THL
Turn your dream of owning a home into reality with a home loan designed to suit your financial needs. Whether you’re buying a new home, purchasing a resale property, constructing a house, or renovating your existing home, we help you compare loan options from leading banks and financial institutions. With competitive interest rates, flexible repayment tenures, and a simple application process, getting a home loan has never been easier.
✅ Lowest Interest Rate
✅ 15+ Bank Partners
✅ Quick Approval
✅ Expert Guidance
✅ End-to-End Documentation
✅ Doorstep Assistance





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Calculator Information
The Equipment Finance Calculator calculates the type of repayment required, at the frequency requested, in respect of the loan parameters entered, namely amount, term and interest rate. The Product selected determines the default interest rate for personal loan product. The Equipment Finance Calculator also calculates the time saved to pay off the loan and the amount of interest saved based on an additional input from the customer. This is if repayments are increased by the entered amount of extra contribution per repayment period. This feature is only enabled for the products that support an extra repayment. The calculations are done at the repayment frequency entered, in respect of the original loan parameters entered, namely amount, annual interest rate and term in years.
Calculator Assumptions
Length of Month
All months are assumed to be of equal length. In reality, many loans accrue on a daily basis leading to a varying number of days interest dependent on the number of days in the particular month.
Number of Weeks or Fortnights in a Year
One year is assumed to contain exactly 52 weeks or 26 fortnights. This implicitly assumes that a year has 364 days rather than the actual 365 or 366.
Rounding of Amount of Each Repayment
In practice, repayments are rounded to at least the nearer cent. However the calculator uses the unrounded repayment to derive the amount of interest payable at points along the graph and in total over the full term of the loan. This assumption allows for a smooth graph and equal repayment amounts. Note that the final repayment after the increase in repayment amount.
Rounding of Time Saved
The time saved is presented as a number of years and months, fortnights or weeks, based on the repayment frequency selected. It assumes the potential partial last repayment when calculating the savings.
Amount of Interest Saved
This amount can only be approximated from the amount of time saved and based on the original loan details.
Calculator Disclaimer
The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for the product. Individual institutions apply different formulas. Information such as interest rates quoted and default figures used in the assumptions are subject to change.
Feel free to use our EMI Calculator
**Note: For exceeding 120 no. of payments, a group of 12 payments will be combined into a single payment number for better chart visibility.
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FAQ
What is the minimum CIBIL Score?
Most banks and financial institutions prefer a CIBIL score of 750 or above for faster loan approval and better interest rates. However, some lenders may consider applications with a score of 650–700, depending on factors such as your income, employment stability, repayment history, and loan amount. A higher CIBIL score generally increases your chances of approval and helps you secure more favorable loan terms.
Which bank gives the lowest rate?
There is no single bank that always offers the lowest interest rate. Loan interest rates vary based on factors such as your CIBIL score, income, employment type, loan amount, tenure, and the bank’s current lending policy. We recommend comparing offers from multiple banks and financial institutions to find the most competitive interest rate and loan terms for your needs.
How much loan can I get?
The loan amount you are eligible for depends on several factors, including your monthly income, existing EMIs, CIBIL score, age, employment type, loan tenure, and the lender’s eligibility criteria. Use our Loan Eligibility Calculator to get an instant estimate of the loan amount you may qualify for. Final approval and the sanctioned amount are determined by the respective bank or financial institution.
Can self-employed people get a loan?
Yes. Self-employed individuals, including business owners, professionals, freelancers, and consultants, can apply for loans. Eligibility depends on factors such as business stability, income, CIBIL score, bank statements, income tax returns (ITRs), and repayment capacity. Meeting the lender’s eligibility criteria can improve your chances of approval and help you secure better loan terms.