Home loan rates for Ahmedabad buyers start at 7.40% p.a. (Bank of Baroda, Canara Bank, Union Bank of India), per the banks' official rate cards in October 2026. SBI starts at 7.50%, HDFC Bank and Axis Bank at 8.00%. The RBI repo rate is 5.50% after the 25 bps hike on 7 October 2026, and banks have passed it through to new floating-rate loans. Ambak has an office in Ellisbridge.
| Office | Address | Hours |
|---|---|---|
| Ambak Home Loan - Ahmedabad | Third Floor, 303, 6th Avenue, above SBI Bank, next to Max Show Room, Mithakhali Six Road, Ellisbridge, Ahmedabad, Gujarat 380009 | Mon–Sat, 10:00 am – 7:00 pm |
Phone: +91 80580 58009 · Email: support@ambak.com
Banks price home loans nationally, so these rates apply in Ahmedabad as elsewhere. The rate you are offered depends on CIBIL score, income type (salaried or self-employed) and loan amount.
| Lender | Interest rate (p.a.) | EMI per ₹1 lakh, 20 years, at starting rate | Effective |
|---|---|---|---|
| Bank of Baroda | 7.40% – 9.15% | ₹799 | 8 Oct 2026 |
| Canara Bank | 7.40% – 10.25% | ₹799 | 9 Oct 2026 |
| Union Bank of India | 7.40% – 9.60% | ₹799 | 8 Oct 2026 |
| Central Bank of India | 7.45% – 9.00% | ₹803 | 8 Oct 2026 |
| Punjab National Bank | 7.45% – 9.35% | ₹803 | 8 Oct 2026 (festive rate till 31 Dec 2026) |
| State Bank of India | from 7.50% | ₹806 | 15 Oct 2026 |
| Kotak Mahindra Bank | from 7.60% | ₹812 | — |
| Axis Bank | 8.00% – 9.10% | ₹836 | — |
| HDFC Bank | 8.00% – 13.45% | ₹836 | — |
| ICICI Bank | 8.75% – 9.90% | ₹884 | 8 Oct 2026, valid till 31 Oct 2026 |
Source: each bank's official rate page, checked 26 Oct 2026. Most banks revised rates after the 7 October repo hike.
| Loan amount | 20 years at 7.40% | 30 years at 7.40% | 20 years at 8.50% |
|---|---|---|---|
| ₹30 lakh | ₹23,985 | ₹20,771 | ₹26,035 |
| ₹50 lakh | ₹39,974 | ₹34,619 | ₹43,391 |
| ₹75 lakh | ₹59,962 | ₹51,928 | ₹65,087 |
| ₹1 crore | ₹79,949 | ₹69,238 | ₹86,782 |
| ₹1.5 crore | ₹1,19,923 | ₹1,03,857 | ₹1,30,173 |
7.40% is the lowest official starting rate among large banks; 8.50% shows a typical rate for a lower CIBIL score or self-employed income.
| Item | Rate |
|---|---|
| Stamp duty, all buyers (3.5% + 1.4% surcharge) | 4.9% |
| Registration fee | 1%; waived for a woman who is the sole owner |
Charged on the higher of the sale price and the jantri rate. Gujarat has no stamp duty concession for women; confirm on garvi.gujarat.gov.in. Lenders do not fund stamp duty or registration; pay these from your own funds.
| Condition | Limit |
|---|---|
| Household income | Up to ₹9 lakh a year (EWS up to ₹3 lakh, LIG ₹3–6 lakh, MIG ₹6–9 lakh) |
| Property value | Up to ₹35 lakh |
| Loan amount | Up to ₹25 lakh |
| Subsidy | 4% on the first ₹8 lakh of the loan, for up to 12 years |
| Maximum subsidy | ₹1.80 lakh, paid in 5 yearly instalments to the loan account |
Source: PMAY-U 2.0 Interest Subsidy Scheme, Government of India. First-time buyers only; the household must not own a pucca house anywhere in India.
| Lender | Branch | Address |
|---|---|---|
| State Bank of India | SBI RACPC Ahmedabad | Ground Floor, Zo Bldg, near C N Vidyala, Patel Colony, Ambawadi, Ahmedabad, Gujarat 380015 |
| HDFC Bank | HDFC Bank Home Loan Branch - Ahmedabad (Navrangpura) | 2nd Floor, Astral Tower, near Mithakhali Circle, Mithakhali, Navrangpura, Ahmedabad, Gujarat 380009 |
| ICICI Home Finance | ICICI Home Finance Company - Home Loan - Navrangpura, Ahmedabad | 4th Floor, 323, Corporate Park, 402 to 404, Swastik Cross Rd, near Girish Cold Drinks, Vasant Vihar, Navrangpura, Ahmedabad, Gujarat 380009 |
| Axis Bank | Axis Bank Loan Centre | 3rd Eye One, Chimanlal Girdharlal Rd, near Panchavati Crossing, Ellisbridge, Ahmedabad, Gujarat 380006 |
| Bank of Baroda | Bank of Baroda Dariapur Branch | Char Rasta, DARIAPUR BRANCH, OMKAR BHUVAN, Dariyapur, Ahmedabad, Gujarat 380006 |
| Punjab National Bank | Punjab National Bank | Gr Floor, Meera Manan Arcade Kalgi, SN 1 & 2, Parimal Cross Rd, near Krupa Petrol Pump, Ambawadi, Ahmedabad, Gujarat 380006 |
| Kotak Mahindra Bank | Kotak Mahindra Bank | Jyoti Sangh, Relief Rd, opp. Bachat Bhavan, Patthar Kuva, Bhadra, Ahmedabad, Gujarat 380001 |
| LIC Housing Finance | LIC Housing Finance Ltd | 207 TO 210, 2ND FLOOR, OPPOSITE KOACHRAB ASHRAM, NEAR SBI, Paldi, Ahmedabad, Gujarat 380006 |
| PNB Housing Finance | PNB Housing Finance Limited | First Floor, Megha House, Netaji Rd, near Bandhan Bank Regional Office, Ellisbridge, Ahmedabad, Gujarat 380006 |
| Bajaj Housing Finance | Bajaj Housing Finance Limited - Home Loan, Loan Against Property | 4th Floor, The Link, Unit No.408 to 411, Vijay Cross Rd, opp. PASSPORT OFFICE, Navarangpura, University Area, Ahmedabad, Gujarat 380009 |
Addresses from the lenders' Google Business listings, checked 26 Oct 2026.
Competitive interest rates linked to repo rate with periodic revisions.
Extensive branch network with 16
000+ branches and specialized Home Loan Centres across India
including Ahmedabad.
Flexible loan eligibility based on EMI/NMI ratio and co-applicant inclusion.
Home Top-up Loan option for existing customers to meet additional financial needs.
Pre-approved Home Loan facility enabling sanction before property finalization.
Tax benefits under Section 80C and interest deduction up to ₹2 lakh for self-occupied property.
Typically 7 to 15 working days for loan processing and approval depending on document verification and eligibility
Balance Transfer
Home Construction Loan
Home Extension Loan
NRI Home Loan
Pre-approved Home Loan
Regular Home Loan
Top-up Loan
SBI Ahmedabad Main Branch
SBI Navrangpura Branch
SBI Paldi Branch
SBI Satellite Branch
assistance at every step
Attractive interest rates starting from 7.90% p.a.
customized home loan solutions for salaried and self-employed individuals
Minimal
Simple online application process
Trufixed loans with fixed rate for initial period
Typically quick loan processing with approval in a few days subject to documentation and verification
Balance Transfer Loan
Home Construction Loan
Home Extension Loan
NRI Home Loan
Regular Home Loan
Top-up Loan
HDFC Bank Ahmedabad Main Branch
HDFC Bank Navrangpura Branch
HDFC Bank Satellite Branch
HDFC Bank Vastrapur Branch
