Home loan rates for Lucknow 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 Gomti Nagar.
| Office | Address | Hours |
|---|---|---|
| Ambak Home Loan - Lucknow | Basement 1, Bhavya Corporate Towers, Vibhuti Khand, Gomti Nagar, Lucknow, Uttar Pradesh 226010 | 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 Lucknow 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, man | 7% |
| Stamp duty, woman | 7% less a 1% rebate up to a property-value cap |
| Registration fee | 1% of property value |
Charged on the higher of the sale price and the circle rate. Published sources disagree on the current cap for the women's rebate; confirm it on igrsup.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 Lucknow | Home Loan Centre, 1, near Ram Ram Bank Crossing, Sector B, Aliganj, Lucknow, Uttar Pradesh 226021 |
| HDFC Bank | HDFC Bank Home Loan Branch - Lucknow (Ashok Marg) | 2nd Floor, Hindustan Times House, Ashok Marg, Gokhale Vihar, Butler Colony, Lucknow, Uttar Pradesh 226001 |
| ICICI Home Finance | ICICI Home Finance Company - Home Loan - Arjunganj, Lucknow | 1st Floor, Axis Bank, KH No. 700, near Bhatia Bakery &, Pargana, Arjunganj, Sarsawan, Lucknow, Uttar Pradesh 226002 |
| Axis Bank | Axis Bank Loan Centre | 1st Floor, 5/B, Plot No G/4, Amar Shaheed Path, Ext, Sector 4, Gomti Nagar, Lucknow, Uttar Pradesh 226010 |
| Bank of Baroda | Bank of Baroda Lucknow Main Branch | 1st Floor, 5, Shahnajaf Rd, La Place, Hazratganj, Lucknow, Uttar Pradesh 226001 |
| Punjab National Bank | Punjab National Bank | 10, Navchetna Kendra Bhawan, 10, Ashok Marg, Sadullah Nagar, Narhi, Hazratganj, Lucknow, Uttar Pradesh 226001 |
| Kotak Mahindra Bank | Kotak Mahindra Bank | Speed Building, 3, Shahnajaf Rd, La Place, Hazratganj, Lucknow, Uttar Pradesh 226001 |
| PNB Housing Finance | PNB Housing Finance Limited | 1st Floor, No. 1, Shahnajaf Rd, above SBI Bank, Hazratganj, Lucknow, Uttar Pradesh 226001 |
| Bajaj Housing Finance | Bajaj Housing Finance Limited - Home Loan, Loan Against Property | 2nd floor, B3/45, near SBI Bank, Vibhuti Khand, Gomti Nagar, Lucknow, Uttar Pradesh 226010 |
Addresses from the lenders' Google Business listings, checked 26 Oct 2026.
Competitive interest rates linked to REPO rate
Flexible EMI options
Home loan interest eligible for tax deduction under Section 80C and 24(b)
Online application via website and YONO app
Processing fee capped with GST applicability
Wide branch network with specialized Home Loan Centres
Typically 7 to 15 working days from application to sanction depending on document verification and eligibility
Balance Transfer
Home Construction Loan
Home Extension Loan
Loan Against Property
NRI Home Loan
Regular Home Loan
SBI Realty for Plot Purchase
Top-up Loan
SBI Hazratganj Branch
SBI Aliganj Branch
SBI Gomti Nagar Branch
SBI Indira Nagar Branch
Assistance at every step
Attractive interest rates starting from 7.90% p.a
Customized solutions for salaried and self-employed individuals
Minimal documentation
Simple online application process
Trufixed loans with fixed interest for a specific period
Typically quick approval with minimal documentation; exact time not specified but emphasis on timely disbursement and quick processing
Balance Transfer
Home Construction Loan
Home Extension Loan
NRI Home Loan
Regular Home Loan
Top-up Loan
Gomti Nagar Service Centre
Hazratganj Branch
Aliganj Branch
Indira Nagar Branch
