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Loan Interest Rate
Processing Fees
Loan Amount of Property value
Prepayment / Foreclosure Charges
Motilal Oswal Home Finance Limited offers competitive home loans starting from 11.75% per annum, designed to help you achieve your dream of owning a home in India. Whether you're looking to purchase a new property, construct your ideal house, or improve your existing residence, our flexible housing finance solutions are tailored to meet diverse needs. As a trusted NBFC, we provide financing up to ₹50 lakhs with convenient repayment tenures extending up to 25 years for salaried individuals and 20 years for self-employed individuals. Experience a streamlined application process with minimal documentation and quick processing, making homeownership accessible and affordable in 2026.
Motilal Oswal Home Finance provides a comprehensive range of home loan products tailored for various needs, ensuring you find the perfect fit for your housing finance requirements:
To apply for a Motilal Oswal Home Loan, applicants typically need to meet certain criteria. While specific requirements may vary based on the loan product and applicant profile, general eligibility often includes:
Motilal Oswal Home Finance is dedicated to simplifying your home loan journey with transparency and efficiency. Here's why we are a preferred choice for thousands of homebuyers in 2026:
Motilal Oswal Home Finance offers competitive home loans starting from 11.75% per annum. The final applicable interest rate will depend on your individual credit profile, loan amount, and chosen tenure.
Generally, applicants must be a minimum of 21 years old at the time of application and a maximum of 65-70 years at loan maturity. Both salaried and self-employed individuals are eligible to apply, subject to specific product requirements.
You can finance your property with a loan amount up to ₹50 lakhs. Repayment tenures extend up to 25 years for salaried individuals and up to 20 years for self-employed applicants.
Motilal Oswal Home Finance aims for a streamlined application process with minimal documentation. This typically includes identity proof, address proof, income documents, and property-related papers.
Your EMI is calculated based on the loan amount, interest rate, and chosen repayment tenure. It represents the fixed amount you pay each month towards your loan repayment.
Yes, Motilal Oswal Home Finance offers a Home Loan Balance Transfer facility. You can transfer your existing home loan from another bank or NBFC to potentially benefit from lower interest rates or more favorable terms.
Motilal Oswal Home Finance is committed to an efficient and quick processing of your home loan application. This ensures a swift disbursal, making homeownership accessible in 2026.
Discover the essential features of a home loan from Motilal Oswal Home Finance Limited. We offer competitive interest rates, flexible tenures, and transparent processes to help you achieve your dream of homeownership in 2026. Our home loans are designed to cater to both salaried and self-employed individuals across India, ensuring a smooth and efficient borrowing experience with clear terms and conditions.
| Feature | Details |
| Interest Rate | 11.75% - 17% p.a. (per annum). Motilal Oswal Home Finance Limited offers floating interest rates. Your final rate is determined by factors such as your CIBIL score, loan amount, LTV ratio, and overall borrower profile. |
| Loan Amount | From ₹5 lakhs to ₹50 lakhs. The maximum home loan amount you can avail is subject to your repayment capacity, eligibility criteria, and the valuation of the property being financed. |
| Processing Fee | Up to ₹5,000. This is a one-time, non-refundable charge levied at the time of loan application to cover administrative costs, verification, and processing of your home loan. |
| Loan Tenure (Salaried) | 5 to 25 years. Salaried individuals can benefit from a longer repayment period, which helps in reducing the monthly EMI and making home ownership more affordable. |
| Loan Tenure (Self-Employed) | 5 to 20 years. Self-employed individuals are offered a tenure up to 20 years, considering the nature of business income and financial stability. |
| LTV Ratio (Loan-to-Value) | Up to 85%. This means Motilal Oswal Home Finance Limited can finance up to 85% of the property's market value, with the remaining portion being your down payment. This is in compliance with Reserve Bank of India (RBI) guidelines. |
| Prepayment Charges | Nil. As per RBI regulations for individual borrowers, there are absolutely no prepayment or foreclosure charges on floating rate home loans, providing you with complete flexibility to repay your loan early without penalty. |
| Age Limit | 21 to 70 years. The applicant must be a minimum of 21 years old at the time of loan application, and the loan must be fully repaid by the time the applicant reaches 70 years of age. |
Motilal Oswal Home Finance Limited welcomes a diverse range of applicants. To be eligible for a home loan in 2026, you generally need to meet the following criteria:
To ensure a swift and hassle-free home loan application process with Motilal Oswal Home Finance Limited, please prepare the following essential documents:
Your Equated Monthly Installment (EMI) for a Motilal Oswal Home Loan is a crucial part of your financial planning. It is calculated based on the principal loan amount, the applicable interest rate, and the chosen loan tenure. A longer tenure typically results in a lower EMI, making monthly payments more manageable, but it also means a higher total interest payout over the loan's lifetime. You can utilize our online EMI calculator to get an accurate estimate of your monthly payments.
If you have an existing home loan with another bank or financial institution, consider transferring it to Motilal Oswal Home Finance Limited. Our home loan balance transfer facility allows you to switch your outstanding loan to us, potentially benefiting from our competitive interest rates and flexible terms in 2026. This can lead to significant savings on interest costs or a reduction in your monthly EMI, improving your overall financial health.
Motilal Oswal Home Finance home loan interest rates range from 11.75% to 17% per annum based on borrower category and employment type.
|
Borrower Category |
Interest Rate |
|
Salaried Individuals |
11.75% - 16% p.a. |
|
Self-Employed Individuals |
12.75% - 17% p.a. |
|
Balance Transfer (Salaried) |
11.75% - 16% p.a. |
|
Balance Transfer (Self-Employed) |
12.75% - 17% p.a. |
|
Top-Up Loan |
Starting from 11.75% p.a. |
|
Overdraft Facility |
Starting from 11.75% p.a. |
|
Feature |
Details |
|
Purpose |
Purchase ready, under-construction, or new property |
|
Interest Rate |
11.75% - 16% p.a. (Salaried) |
|
Loan Amount |
₹5 lakhs to ₹40 lakhs |
|
Tenure (Salaried) |
5 to 25 years |
|
Tenure (Self-Employed) |
5 to 20 years |
|
Property Types |
Residential flats, independent houses |
|
Feature |
Details |
|
Purpose |
Construction on non-agricultural freehold plot |
|
Interest Rate |
11.75% - 17% p.a. |
|
Maximum Loan Amount |
Up to ₹40 lakhs |
|
LTV Ratio |
Up to 85% of construction cost |
|
Disbursement |
Stage-wise as per construction progress |
|
Feature |
Details |
|
Purpose |
Renovation, painting, flooring, roofing |
|
Interest Rate |
Starting from 11.75% p.a. |
|
Loan Amount |
₹5 lakhs or 85% of improvement cost (whichever is lower) |
|
Tenure |
5 to 10 years |
|
Use |
Tiling, painting, electrical, plumbing work |
|
Feature |
Details |
|
Purpose |
Adding rooms or floors to existing home |
|
Interest Rate |
Starting from 11.75% p.a. |
|
Loan Amount |
₹5 lakhs to ₹40 lakhs |
|
LTV Ratio |
Up to 85% |
|
Eligibility |
Subject to FSI availability |
|
Feature |
Details |
|
Purpose |
Purchase of residential plot |
|
Interest Rate |
Competitive rates |
|
LTV Ratio |
Up to 75% of plot value |
|
Inclusion |
Stamp duty and registration charges |
|
Feature |
Details |
|
Purpose |
Plot purchase plus construction |
|
Interest Rate |
Starting from 11.75% p.a. |
|
Plot LTV |
Up to 75% of plot value |
|
Construction LTV |
Up to 85% of construction cost |
|
Condition |
Construction within specified period |
|
Feature |
Details |
|
Purpose |
Purchase, construction, improvement |
|
Subsidy |
Up to ₹2.67 lakhs |
|
Eligible Groups |
EWS, LIG, MIG-I, MIG-II |
|
Benefits |
Credit-linked subsidy on interest |
|
Parameter |
Requirement |
|
Nationality |
Indian Resident |
|
Age |
21 to 70 years |
|
Employment |
Salaried or Self-Employed |
|
Income |
Stable and verifiable |
|
Credit Score |
Good credit history |
|
Criteria |
Details |
|
Employment Type |
Permanent/Contractual |
|
Work Experience |
Continuous employment |
|
Income Proof |
Salary slips, Form 16 |
|
Employer |
Government or private sector |
|
Criteria |
Details |
|
Business Type |
Professionals, Non-professionals |
|
Business Vintage |
Established business |
|
Income Proof |
ITR, Audited financials |
|
Stability |
Continuous business operations |
|
Document Type |
Acceptable Documents |
|
Identity Proof |
PAN Card, Aadhaar Card, Passport, Driving License, Voter ID |
|
Address Proof |
Aadhaar Card, Utility Bills, Rent Agreement, Passport |
|
Age Proof |
Birth Certificate, PAN Card, Passport, School Certificate |
|
Document |
Details |
|
Salary Slips |
Last 3 months |
|
Form 16 |
Latest financial year |
|
Bank Statements |
Last 6 months |
|
Employment Proof |
Appointment letter or ID card |
|
Document |
Details |
|
ITR |
Last 3 years |
|
Business Proof |
Registration certificate, license |
|
Financial Statements |
Audited P&L and Balance Sheet |
|
Bank Statements |
Last 6-12 months |
● Sale deed or allotment letter
● Approved building plan
● Property tax receipts
● Encumbrance certificate
● NOC from builder/society
● Title verification documents
● Construction estimate (for construction loans)
EMI estimates for different loan amounts:
|
Loan Amount |
Tenure |
Interest Rate |
Monthly EMI |
|
₹10,00,000 |
10 years |
11.75% p.a. |
₹13,796 |
|
₹10,00,000 |
15 years |
11.75% p.a. |
₹11,655 |
|
₹10,00,000 |
20 years |
11.75% p.a. |
₹10,681 |
|
₹25,00,000 |
15 years |
11.75% p.a. |
₹29,138 |
|
₹25,00,000 |
20 years |
11.75% p.a. |
₹26,703 |
|
₹25,00,000 |
25 years |
11.75% p.a. |
₹25,537 |
|
₹40,00,000 |
20 years |
11.75% p.a. |
₹42,725 |
|
₹40,00,000 |
25 years |
11.75% p.a. |
₹40,860 |
|
₹50,00,000 |
20 years |
11.75% p.a. |
₹53,406 |
|
₹50,00,000 |
25 years |
11.75% p.a. |
₹51,075 |
|
Charge Type |
Amount |
|
Processing Fee |
Up to ₹5,000 |
|
Login Fee |
₹3,000 + GST |
|
Processing Fee (Alternative) |
1.50% + GST |
|
Insurance Charges |
1% - 4% |
|
Prepayment Charges |
Nil |
|
Foreclosure Charges |
Nil |
|
Legal Charges |
As per actuals |
|
Technical Valuation |
As applicable |
Zero Hidden Charges
Hassle Free and Fast Approval Process
Personalized Loan Assistance
Exciting Cashbacks
