Disclaimer: TruHome Finance, formerly known as Shriram 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 TruHome Finance for home loans. No offers/services from TruHome Finance are being provided by Paisabazaar for home loans. For further information about TruHome Finance for home loans, users are required to reach out directly to TruHome Finance.
| Truhome Finance Home Loan Highlights – 2025 | |
| Interest Rate | 8.50% p.a. onwards |
| Loan Amount | Rs 1 lakh to Rs 10 crore |
| LTV Ratio | Up to 90% of the property value |
| Tenure | Up to 25 years |
| Processing Fee | Up to 1.5% of loan amount + GST |
Rates as of 4 April 2025
Truhome Finance Home Loan Interest Rates
| Loan Types | Interest Rates (p.a.) |
| Home Loan | 8.50% onwards |
| Home Extension / Improvement | 8.50% onwards |
| Loan for Plot Purchase and Construction | 9.50% onwards |
| Top Up Home Loan | 8.50% onwards |
| Home Loan Balance Transfer | 8.50% onwards |
The lender usually considers the applicant’s age, credit score, net monthly income, repayment capacity, job profile, debts, etc. before setting the home loan interest rates.
Compare Interest Rates of Home Loans for Top Banks & HFCs
| Name of Lender | Loans Up to Rs. 30 Lakh | Loans Above Rs. 30 Lakh to Rs. 75 Lakh | Loans Above Rs. 75 Lakh | |
| SBI | 8.00%-9.15% p.a. | 8.00%-9.15% p.a. | 8.00%-9.15% p.a. | Check Eligibility |
| HDFC Bank Limited | 8.70% p.a. onwards | 8.70% p.a. onwards | 8.70% p.a. onwards | Check Eligibility |
| Bajaj Housing Finance | 7.99%-17.00% | 7.99%-17.00% | 7.99%-17.00% | Check Eligibility |
| ICICI Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Check Eligibility |
| Axis Bank | 8.75%-12.80% p.a. | 8.75%-12.80% p.a. | 8.75%-9.65% p.a. | Check Eligibility |
| Federal Bank | 8.80% p.a. onwards | 8.80% p.a. onwards | 8.80% p.a. onwards | Check Eligibility |
| Punjab National Bank | 8.05% - 9.85% p.a. | 8.00% - 9.75% p.a. | 8.00% - 9.75% p.a. | Check Eligibility |
| Kotak Mahindra Bank | 8.65% p.a. onwards | 8.65% p.a. onwards | 8.65% p.a. onwards | Check Eligibility |
| Bank of Baroda | 8.40% - 10.40% p.a. | 8.40% - 10.40% p.a. | 8.40% - 10.65% p.a. | Check Eligibility |
| Canara Bank | 8.00% – 10.75% p.a. | 7.95% – 10.75% p.a. | 7.90% – 10.65% p.a. | Check Eligibility |
| IDFC FIRST Bank | 8.85% p.a. onwards | 8.85% p.a. onwards | 8.85% p.a. onwards | Check Eligibility |
| IDBI Bank | 8.40% p.a. onwards | 8.40% p.a. onwards | 8.40% p.a. onwards | Check Eligibility |
| Punjab & Sind Bank | 8.30% – 11.50% p.a. | 8.30% – 11.50% p.a. | 8.30% – 11.50% p.a. | Check Eligibility |
| RBL Bank | 9.00% p.a. onwards | 9.00% p.a. onwards | 9.00% p.a. onwards | Check Eligibility |
| LIC Housing Finance | 8.25% p.a. onwards | 8.25% p.a. onwards | 8.25% 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 |
| PNB Housing Finance | 8.50% - 14.50% p.a. | 8.50% - 14.50% p.a. | 8.50%-11.45% p.a. | Check Eligibility |
| Sammaan Capital (Formerly known as Indiabulls Housing Finance) | 8.75% onwards | 8.75% onwards | 8.75% onwards | Check Eligibility |
| Aditya Birla Capital | 8.60% onwards | 8.60% onwards | 8.60% onwards | Check Eligibility |
| India Shelter Home Loan | 11.59% onwards | 11.59% onwards | 11.59% onwards | Check Eligibility |
| L&T Finance Limited | 8.65% p.a. onwards | 8.65% p.a. onwards | 8.65% p.a. onwards | Check Eligibility |
| Godrej Housing Finance | 8.55% onwards | 8.55% onwards | 8.55% onwards | Check Eligibility |
| Home First Finance | 11.90% onwards | 11.90% onwards | 11.90% onwards | Check Eligibility |
| Easy Home Finance | 8.95% onwards | 8.95% onwards | 8.95% onwards | Check Eligibility |
| Piramal Capital Housing Finance | 9.50% onwards | 9.50% onwards | 9.50% onwards | Check Eligibility |
| Cholamandalam Investment and Finance | 10.50% onwards | 10.50% onwards | 10.50% onwards | Check Eligibility |
Types of Truhome Finance Home Loan
Find below various types of home loan products offered by Truhome Finance for its customers to meet all of their housing needs:
Home Loan
Purpose: Truhome Finance offers home loans for the purchase of new homes.
Interest Rate: 8.50% p.a. onwards
Loan Amount: Rs. 7.5 lakh- Rs 1 crore
Maximum loan: Up to 90% of the Property Value
Repayment tenure: From 12 months to 25 years
Processing Fees: Up to 1.5% of the Loan Amount + GST
Prepayment Charges: Nil for individual borrowers
Home Extension / Improvement
Truhome Finance offers home loans for home extension, renovation and improvement purposes, such as expanding or upgrading existing homes. The loan details of home loans offered for home extension or improvement remains the same, as for basic home loan as stated above.
The Home Extension Loan’s eligibility as required by Truhome Finance is usually based on factors, such as the applicant’s age, his/her retirement age, credit score, income, employment status, tenure, etc. The home extension loan can be availed by salaried individuals with age up to 60 year and 65 years for self-employed.
Loan for Plot Purchase and Construction
Purpose: It helps borrowers in acquiring a plot of loan on which they can build their homes.
Loan Details:
Interest Rate: 9.50% p.a. onwards
Maximum Loan: Up to 75% of the estimated plot purchase and construction cost
Loan Amount: Rs. 1 lakh – Rs. 10 crore
Repayment Tenure: Up to 25 years
Processing Fees: Up to 2% of the loan amount + GST
Pre-payment / Foreclosure Charges: Nil, in case of Floating Interest Rates
Top-up Home Loan
Purpose: To meet the urgent home related requirements for existing homes.
Loan Details:
Interest Rate: 8.50% p.a. onwards
Loan Amount: Rs. 7.5 lakh – Rs. 1 crore
Repayment Tenure: Maturity as per the parent loan
Processing Fees: Individual Borrowers (on floating rate of interest) – Nil
Fixed Rate: 6% + applicable taxes of the principal amount paid through a Balance Transfer
Eligibility Criteria for Top-up loan
- Applicant should have an existing home loan or loan against property with Truhome Finance
- No existing or previous default regarding home loan or loan against property
- Ability to repay the additional EMI incurred by the Top Up Loan
Home Loan Balance Transfer
Loan Details:
Interest Rate: 8.50% p.a. onwards
Loan Amount: Up to 90% of the property cost
Repayment Tenure: Up to 25 years
Processing Fees: Up to 2% of the loan amount + GST
Pre-payment / Foreclosure Charges: Nil, in case of floating interest rates
Truhome Finance Home Loan Fees & Charges
| Particulars | Charges |
| Processing Fees | Up to 1.5% of loan amount + GST |
| Pre-payment Fees / Foreclosure Charges | NIL |
Truhome Finance EMI Calculator
Monthly EMI ₹ 15,622
Total Amount Payble ₹ 5,62,395(Principal + interest)
Principal Amount ₹ 5,00,000
Total Interest Payble ₹ 62,395
Eligibility Criteria for Truhome Finance Home Loan
Truhome Finance home loan eligibility depends on various factors, including applicant’s age, tenure, income, employment status, retirement age, credit score, etc. The home loan eligibility criteria set by the Truhome Finance for its home loan applicants is mentioned below:
Eligible Entities: Salaried individuals, Self-employed Professionals/Non Professionals and Non-Individual entities
Age: For salaried: Up to 60 years and up to 70 years for Self-Employed Individuals at the time of loan maturity
Occupation: Salaried and Self-employed Individuals
Citizenship: Indian citizen residing in India
Documents required for Truhome Finance home loan
Below-mentioned are the home loan documents required by Truhome Finance from its home loan applicants:
For Salaried Individuals:
- KYC Documents of the applicants
- Mandatory Documents: PAN Card or Form 60
- ID Proof: Voter’s ID, Aadhaar card, Driving License, Passport, Job Card Issued by NREGA (Any one)
- Address Proof: Valid driving license, Latest electricity bill or Latest Telephone Bill, Aadhaar Card (Any one)
- Income Documents: Last 3 months’ salary slips or latest salary certificate, Last 6 months’ bank statement and Form 16
For Self-employed Individuals:
The KYC documents, mandatory document, and ID and address proof documents remain the same, as required for the salaried individuals. However, the income proof shall differ that are mentioned below for self-employed individuals:
- Last 2 years’ Income Tax Returns (ITR)
- Computation of income
- Profit and Loss Account (P&L) statement
- Last 12 months’ bank statement
Truhome Finance Customer Care
Toll-free number: 1800-102-4345
Email: contact@truhomefinance.in