Disclaimer: Supreme Housing Finance is not a Paisabazaar partner and all content herein is strictly informative in nature. Paisabazaar is not affiliated with, sponsored by or in any way connected to Supreme Housing Finance for home loans. No offers/services from Supreme Housing Finance are being provided by Paisabazaar for home loans. For further information about Supreme Housing Finance for home loans, users are required to reach out directly to Supreme Housing Finance.
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Supreme Housing Finance Home Loan Highlights |
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| Interest Rate | 19.00%-23.00% p.a. |
| Loan Amount | 1 lakh and above |
| Loan Tenure | 3 years to 10 years |
| Processing Fees | Up to 3.75% of the loan amount |
Note: Rates as of 6 November 2024
Supreme Housing Finance – Home Loan Interest Rates
Supreme Housing Finance Home Loan interest rates start from 19.00% p.a. onwards. Stated below are the home loan interest rates based on the type of home loan schemes, loan amount and occupation profile of the applicants.
For Loan Amount Rs 1 lakh to Rs 2 lakh
| Occupation Profile | Interest Rates (p.a.) |
| Daily Wager | 20.00% |
| Cash Salaried | 20.00% |
| Self-employed | 20.00% |
For Loan Amount above Rs 2 lakh to Rs 4 lakh
| Occupation Profile | Interest Rates (p.a.) |
| Daily Wager | 20.00% |
| Cash Salaried | 19.50% |
| Self-employed | 19.00% |
Also Check: Home Loan EMI Calculator
For Loan Amount above Rs 4 lakh
| Occupation Profile | Interest Rates (p.a.) |
| Daily Wager | – |
| Cash Salaried | 19.50% |
| Self-employed | 19.00% |
Interest Rates for Home Improvement Loan
| Occupation Profile | Interest Rates (p.a.) |
| Daily Wager | 23.00% |
| Cash Salaried | 23.00% |
| Self-employed | 23.00% |
Home loan applicants should note that the Supreme Housing Finance charges an additional interest rate of 2% on home loan and home improvement loans offered against all GP unregistered Patta properties (applicable in Madhya Pradesh only). The housing finance company also charges a 1% additional interest rate for home loans availed for LAL DORA properties.
Compare Supreme Housing Finance Interest Rates vs Other Lenders
| Name of Lender | Up to Rs. 30 Lakh | Above Rs. 30 Lakh to Rs. 75 Lakh | Above Rs. 75 Lakh | |
| SBI | 8.50%-9.85% p.a. | 8.50%-9.85% p.a. | 8.50%-9.85% p.a. | Check Eligibility |
| HDFC Bank Limited | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Check Eligibility |
| LIC Housing Finance | 8.50% - 11.25% p.a. | 8.50% - 10.55% p.a. | 8.50% - 10.75% p.a. | Check Eligibility |
| ICICI Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Check Eligibility |
| Kotak Mahindra Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Check Eligibility |
| PNB Housing Finance | 8.50% - 14.50% p.a. | 8.50% - 14.50% p.a. | 8.50%-11.45% p.a. | Check Eligibility |
| Punjab National Bank | 8.45% - 10.25% p.a. | 8.40% - 10.15% p.a. | 8.40% - 10.15% p.a. | Check Eligibility |
| Bank of Baroda | 8.40% - 10.65% p.a. | 8.40% - 10.65% p.a. | 8.40% - 10.90% p.a. | Check Eligibility |
| IDFC First Bank | 8.85% p.a. onwards | 8.85% p.a. onwards | 8.85% p.a. onwards | Check Eligibility |
| L&T Finance Limited | 8.65% p.a. onwards | 8.65% p.a. onwards | 8.65% p.a. onwards | Check Eligibility |
| Tata Capital Housing Finance | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Check Eligibility |
| Federal Bank | 8.80% p.a. onwards | 8.80% p.a. onwards | 8.80% p.a. onwards | Check Eligibility |
| Axis Bank | 8.75%-13.30% p.a. | 8.75%-13.30% p.a. | 8.75%-9.65% p.a. | Check Eligibility |
| Godrej Housing Finance | 8.55% p.a. onwards | 8.55% p.a. onwards | 8.55% p.a. onwards | Check Eligibility |
Compare Home Loan Schemes Offered by Top Lenders Compare Now
Supreme Housing Finance Fees and Charges
Prepayment/Foreclosure Charges
| Particulars | Fixed Rate | Floating Rate |
| If prepayment made from own sources via own savings account | NIL (valid document proof required for own sources) | NIL |
| If prepayment through Balance Transfer from other Banks/NBFC/HFC etc. | 10% of the outstanding principle on the date of prepayment | NIL |
Processing Fees & Other Charges
| Particulars | Charges |
| Processing Fees |
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| Login Fee | Up to Rs 10,000 |
| CERSAI Fees | Rs 75 (for loans up to Rs 5 lakhs) |
| Rs 100 (for loans above Rs 5 lakhs) | |
| PDC/ACH/ECS Swapping Charges | Rs 500 |
| Late Payment Charges | 36.00% p.a. of outstanding EMI |
| PDD Charges | Up to Rs 2,000 |
| Tranch Visit Fees | Rs. 500/tranch |
| Document Retrieval Charges | Rs 2,100 |
| PDC/ACH/ECS Bounce Charges | Rs. 600 for each PDC/ACH/ECS bounce |
| List of document (LOD) Charges | Rs 2,100 |
| Loan Cancellation Charges | Rs 10,000 per contact |
| Foreclosure Statement Charges | Rs 2,100 |
| Photocopy of Property Documents | Rs. 2,100 |
| Duplicate Annual Statement/Provisional Certificate | Up to Rs 1,100 |
| Account Statement | Rs 1,100 |
| Recovery Charges (Legal/Repossession Charges & Incidental) | As per actuals |
| Property Swap Charges | 3% of outstanding principal or minimum Rs. 10,000, whichever is higher |
Check Your Home Loan Eligibility with Top Lenders
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Types of Supreme Housing Finance
Home Purchase Loans
Prospective borrowers can avail Home Purchase Loan for the purchase of dwelling units or purchase any under-construction house or flat.
Home Construction Loans
Supreme Home Finance offers a Home Construction Loan facility for the construction of a house on an owned plot or land.
Home Extension Loans
Home Extension Loans are offered to applicants planning to extend their existing home by enclosing an open balcony, adding a bedroom, or building an extra room on the terrace, etc.
Home Improvement Loans
Applicants can avail Home Improvement Loans for upgrading, repairing or refurbishing their house property.
Eligibility Criteria for Supreme Home Loan
Supreme Housing Finance offers home loans to daily wagers, salaried and self-employed applicants with a minimum family income of Rs 20,000 per month. Most lenders also consider the applicant’s income, repayment capacity, age, loan amount, business continuity (for self-employed applicants), work experience (for salaried applicants) and credit score for determining the applicant’s eligibility for home loans.
Documents Required for Supreme Home Loan
Supreme Housing Finance has not disclosed documents for availing home loan. Stated below are home loan documents usually required by most lenders:
Income proof Documents
- For salaried applicants, salary slips, Form No.16 and bank statements for the last 6 to 12 months showing salary credit
- For self-employed or professionals, IT returns of the last 3 years, along with Profit & Loss account and Balance sheet for last 3 years
KYC Documents
- PAN Card
- Aadhaar Card
- Proof of residence
- Voter ID
- Driving License
Property Documents
- Proof of ownership of property
- In the case of flats, allotment letter from builder/society
- Up-to-date tax paid receipt
- Payment receipt made to the developer