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Ujjivan Small Finance Bank Ltd., a mass-market bank focused on financial inclusion since its transition from an NBFC in 2016, offers home loans for purchase, construction, composite (plot + construction), and improvement up to Rs.75 lakh with up to 90% LTV for eligible properties. As of November 2026, Ujjivan Small Finance Bank home loan interest rate starts at 8.75% p.a. for salaried applicants with CIBIL 750+, up to 17.75% p.a. for self-employed or higher-risk profiles, with tenures up to 20 years. It supports PMAY-CLSS subsidies up to 6.50% for EWS/LIG/MIG (income <Rs.18 lakh/year), requires minimal documentation for informal earners, and provides digital approvals in 2-5 days for salaried applicants across its 575+ branches in 24 states.
Ujjivan Small Finance Bank home loan interest rates **start at 8.75% p.a.** for salaried applicants with a CIBIL score of 750 or higher. Rates can go up to 17.75% p.a. for self-employed individuals or those with higher-risk profiles. Your specific interest rate will depend on your employment type, CIBIL score, and overall risk assessment.
Ujjivan Small Finance Bank caters to a mass-market segment, including **salaried, self-employed, and informal earners**. Eligibility considers your income stability, repayment capacity, and credit history. The bank also supports PMAY-CLSS subsidies for EWS/LIG/MIG categories with incomes up to Rs.18 lakh/year.
You can avail a home loan for **up to Rs.75 lakh** with Ujjivan Small Finance Bank, subject to up to 90% Loan-to-Value (LTV) for eligible properties. The maximum repayment tenure offered for these loans is **up to 20 years**.
Generally, you will need identity proof, address proof, income documents (salary slips, bank statements, IT returns), and property documents. Ujjivan Small Finance Bank is known for requiring **minimal documentation for informal earners** to facilitate financial inclusion.
Your EMI is the fixed amount you pay towards your loan each month, comprising both principal and interest. It is determined by the loan amount, interest rate, and tenure. You can use the **EMI calculator available on the bank's website** to estimate your monthly payments based on these factors.
Yes, Ujjivan Small Finance Bank offers a **balance transfer facility**, allowing you to transfer your existing home loan from another bank or financial institution. This can potentially help you benefit from more competitive interest rates or better terms.
For salaried applicants, Ujjivan Small Finance Bank offers **digital approvals typically within 2-5 days**. The overall processing time can vary based on the completeness of your documentation and the complexity of your application.
Discover the comprehensive features and detailed eligibility criteria for Ujjivan Small Finance Bank's home loan solutions in 2026. We are committed to making your dream of homeownership a reality with transparent processes, competitive interest rates, and customer-centric services.
| Feature | Detailed Information for Ujjivan Small Finance Bank Home Loans |
|---|---|
| Interest Rate |
Ujjivan Small Finance Bank offers highly competitive home loan interest rates starting at 8.75% p.a. The final interest rate, which can go up to 17.75% p.a., is determined by several factors including your CIBIL score, income stability, loan-to-value (LTV) ratio, and the specific home loan product. These rates are typically floating, linked to the bank's internal benchmark, ensuring transparency. |
| Processing Fee |
A standard, non-refundable processing fee of Rs. 3,350 + GST is applicable. This fee covers the essential administrative costs associated with your home loan application, including initial assessment, documentation, credit appraisal, and legal/technical verification of the property. |
| Loan Amount |
You can secure a home loan from Ujjivan Small Finance Bank ranging from Rs. 2 Lakh up to Rs. 75 Lakh. For applicants eligible under the Pradhan Mantri Awas Yojana (PMAY) scheme, we offer a higher Loan-to-Value (LTV) ratio of up to 90%, making home ownership more accessible. For other applicants, LTV typically ranges between 75-80% of the property's market value. |
| Repayment Tenure |
Ujjivan Small Finance Bank provides flexible repayment options with a maximum tenure of up to 20 years. A longer repayment tenure can significantly reduce your monthly EMI (Equated Monthly Installment), making your home loan more affordable and manageable within your budget. |
| Applicant Age |
Applicants must be Indian residents between 21 and 65 years of age. For salaried individuals, the loan tenure can extend up to their retirement age (generally 60 years), while for self-employed individuals, it can be up to 65 years, contingent on demonstrating consistent income and business stability. |
| Approval & Disbursal Time |
Ujjivan Small Finance Bank is committed to quick and efficient processing. Loan approval typically takes 2-5 days for salaried applicants and 5-10 days for self-employed applicants, subject to complete documentation and successful verification. Post-approval, the disbursal of the loan amount usually occurs within 2 days, once all legal and technical formalities are finalized. |
| Prepayment Charges |
In adherence to Reserve Bank of India (RBI) guidelines, Ujjivan Small Finance Bank levies Nil prepayment charges for individual borrowers on floating rate home loans. This allows you the flexibility to prepay your Ujjivan home loan partially or fully at any time without incurring additional costs, helping you save on total interest payable. |
| Eligibility (Salaried) |
Salaried applicants for Ujjivan Small Finance Bank Home Loans should have a minimum monthly income of Rs. 15,000+, at least 1 year of stable job experience (preferably with the current employer), and a healthy CIBIL score of 650+. A strong credit history and consistent employment are crucial for loan approval. |
| Eligibility (Self-Employed) |
Self-employed individuals need to demonstrate a minimum of 2 years of business continuity, an annual Income Tax Return (ITR) of Rs. 2 Lakh+, and a robust CIBIL score of 650+. Consistent business performance, tax compliance, and a good credit profile are key factors for securing a home loan. |
| General Eligibility & Documents |
Beyond specific income and CIBIL requirements, all applicants must be Indian residents, and the property being financed must have a clear and marketable title. Essential documents typically include identity proof (PAN card, Aadhaar card), address proof, income proof (salary slips, bank statements, latest ITRs), and property-related documents. A comprehensive document checklist will be provided during the application process for your Ujjivan Small Finance Bank home loan. |
Ujjivan Small Finance Bank home loan interest rate is floating, linked to the bank's internal benchmark (RBI repo at 6.50% as of November 2026), with spreads based on CIBIL, income, and PMAY status—starting at 8.75% p.a. for salaried with CIBIL 750+ on loans ≤Rs.30 lakh, up to 17.75% p.a. for self-employed or informal income applicants. PMAY-CLSS subsidy (6.50% on Rs.6 lakh for EWS/LIG) reduces effective rate to ~2.25%; daily reducing balance applies, with no fixed rate option.
|
Borrower Category |
Interest Rate |
Max Rate |
Key Influencing Factors |
|
Salaried (CIBIL ≥750) |
8.75% |
10.75% |
Stable job, ≤Rs.30 lakh loan, PMAY eligibility |
|
Self-Employed Professionals |
10.75% |
17.75% |
ITR trends, 2+ years business, surrogate proofs |
|
Balance Transfer/Top-Up |
9.00% |
12.00% |
Existing repayment history, add-on ≤20% |
|
PMAY EWS/LIG/MIG |
8.75% (effective ~2.25%) |
10.00% |
Income <Rs.18 lakh, property ≤Rs.45 lakh |
|
Bank |
Starting Rate (p.a.) |
Processing Fee |
Max Tenure |
|
Ujjivan Small Finance Bank |
8.75% |
Rs.3,350 + GST |
20 years |
|
State Bank of India (SBI) |
7.50% |
Up to 0.35% |
30 years |
|
8.15% |
0.5%–1% |
30 years |
|
|
8.75% |
0.5%–1% |
30 years |
For a Rs.30 lakh loan over 20 years at 8.75%, EMI is Rs.23,800—Rs.2,200 higher monthly than SBI's 7.50%, but PMAY subsidy saves Rs.2.67 lakh for LIG, and minimal docs (no guarantor) aid informal applicants.
Ujjivan Small Finance Bank home loan calculator at ujjivansfb.in/emi-calculator computes EMI, eligibility, and PMAY subsidies—input amount, rate (8.75%-17.75%), tenure for amortization and tax benefits (Rs.1.5 lakh u/s 80C + Rs.2 lakh u/s 24b).
Loan Amount: Rs.30 lakh
Interest Rate: 8.75% p.a.
Tenure: 20 years
|
Monthly EMI |
Total Interest Payable |
Total Amount Payable |
|
Rs.23,800 |
Rs.27.12 lakh |
Rs.57.12 lakh |
Reduce to 15 years: EMI Rs.26,200, saves Rs.8 lakh interest; PMAY adds Rs.2.67 lakh subsidy for MIG.
|
Charge Type |
Amount |
|
Processing Fee |
Rs.3,350 + GST (non-refundable) |
|
Legal & Valuation Fee |
Rs.3,000–Rs.5,000 (actuals) |
|
CERSAI Registration |
Rs.500 |
|
Stamp Duty (MODT) |
0.1%–0.3% (state-specific) |
|
Prepayment (Floating Rate) |
Nil |
GST at 18%. Total <1%; CLADUM (credit-linked insurance) 1-2% + GST optional for coverage.
● Age: 21–65 years (up to retirement)
● Rs.15,000+ monthly net income
● 1 year in current job
● CIBIL: 650+ (750+ for lowest rates)
● Age: 23–65 years
● 2 years business
● Rs.2 lakh+ annual ITR
● CIBIL: 650+; surrogate proofs OK for informal
90% LTV for PMAY; co-applicants (spouse/family) boost limits; no guarantor.
|
Service |
Contact Details |
|
Helpline (9AM-6PM) |
022-6189 0000 / 022-6189 1000 |
|
Email for Queries |
customercare@ujjivansfb.in |
|
Grievance Redressal |
nodal.officer@ujjivansfb.in |
|
Branch Hours |
9:30 AM–5 PM (Mon-Sat) |
Login to ujjivansfb.in/track-application with ref no./mobile OTP—track stages: Submitted, Verified, Sanctioned, Disbursed. Email customercare@ujjivansfb.in for updates (48-hour response); visit branch with ID.
Salaried applicants need a minimum Rs.15,000 monthly net income, while self-employed require Rs.2 lakh+ annual ITR with 2 years business stability. The bank assesses based on 50% debt-to-income ratio for EMI affordability up to Rs.75 lakh; PMAY-eligible EWS/LIG (<Rs.18 lakh/year) get priority, with co-applicants (spouse/family) increasing limits by 20-30%.
Yes, NRIs qualify with 2+ years overseas employment, valid visa, and NRE proofs, at rates starting 9.25% p.a. with 80% LTV via power of attorney. Submit attested salary slips and overseas address; contact customer care for NRI desks, with disbursal in 10-15 days.
Yes, PMAY-CLSS offers 6.50% interest subsidy up to Rs.2.67 lakh on loans ≤Rs.12 lakh for EWS/LIG/MIG (income <Rs.18 lakh/year, property ≤Rs.45 lakh). Eligibility requires Aadhaar-seeding; the bank handles processing, reducing effective rate to ~2.25% and saving Rs.1-2 lakh annually on EMIs.
Balance transfer at 9.00%-10.00% (0.25%-1% lower than originators) requires 12-month statements and NOC, with Rs.3,350 processing fee. It includes top-up up to 20% original for renovations; processing takes 5-7 days, saving Rs.2,500+ monthly on Rs.30 lakh loans.
With financial inclusion driving 15% growth in affordable housing 2026 (NHB data), Ujjivan Small Finance Bank home loan interest rate calculator processing fee requirements application process customer care status empowers underserved with 8.75% rates, PMAY subsidies, and minimal docs—financing 59 lakh+ customers. Ideal for Rs.2-75 lakh journeys. Apply at ujjivansfb.in or email customercare@ujjivansfb.in.
