• +91 7989123105

  • support@99loans.co

  • Hyderabad

  • Abids

  • 08:00 - 17:30

  • Monday to Saturday

* How much do you need?

* How much do you earn per year?

*Your occupation?


*Tell us about your purchase

*Property Type
*Property Location
*Property Value

*Where do you live?

* Finally tell us about yourself!


99Loans.co provides the lowest rate of the market. You can compare all the loan providers offer under a single roof. A home loan can be used to buy a new property like flats, bungalow, and row houses also. Banks generally provide 80% to 90% of the property value as a home loan. The remain balance has to be arranged as the initial down payment. You can also avail a personal loan for further down payment amount. Nowadays some builders provide fully furnished flats to enable higher loan amount. This also reduces the cost of furnishing the house on possession. Home loans are available from 5 lac to 25 Cr. 99Loans.co suggests you the lowest rate of interest.

After applying for a Home Loan there are lots of parts included in availing Home Loan starting with identifying your property to filling up the loan application form. Following are the important stages in Home Loan approvals:

Tax Benefits in Home Loan

The home loan borrower enjoys Tax Benefits on both Interest paid & the Principal re-paid. Under Section 24(d) of Income Tax, the deduction of interest payable on the home loan is up to a maximum of Rs. 1,50,000.

Under Section 80(c) of Income Tax, Principal amount for the repayment of loan along with other savings & investments is eligible for tax deduction up to a maximum limit of Rs. 1, 00,000.

Home Loan Interest Rates 2019

Bank/ NBFC Name Interest Rates EMI start From
IDFC Bank Ltd 9.15% – 9.60% Rs. 868 for 20 Years
Rs. 769 for 30 Years
ICICI Bank 8.35% – 9.00% Rs. 858 for 20 Years
Rs. 758 for 30 Years
HDFC  Ltd 8.35% – 9.00% Rs. 858 for 20 Years
Rs. 758 for 30 Years
Reliance Home 8.60% – 9.00% Rs. 874 for 20 Years
Rs. 776 for 30 Years
India Bulls 8.35% – 9.00% Rs. 858 for 20 Years
Rs. 758 for 30 Years
DHFL 8.35% – 9.00% Rs. 858 for 20 Years
Rs. 758 for 30 Years
Yes Bank Ltd 9.35% – 10.50% Rs. 922 for 20 Years
L&T Housing 8.50% – 9.00% Rs. 868 for 20 Years
Rs. 769 for 30 Years
DCB Bank Ltd 8.50% – 10.50% Rs. 884 for 20 Years
Deutsche Bank 8.50% – 9.00% Rs. 868 for 20 Years
Magma Housing 10.50% – 12.00% Rs. 1066 for 20 Years
Aadhar Housing 10.00% – 13.00% Rs. 1032 for 20 Years
Shriram Housing 11.50% – 13.00% Rs. 1066 for 20 Years
PNB Housing 8.50% – 9.00% Rs. 868 for 20 Years

EMI Calculator

Your EMI will be:


  • What is the key point while comparing home loans in Hyderabad from different financial institutions?
    • A home loan applicant needs to check on the following important point when comparing home loans in Hyderabad.

      • Actual purpose of home loan i.e. purchases a new ready home or any re sale property.
      • Eligible for maximum home loan amount
      • EMI and interest rate flexibility
      • Lower processing fees on home loan in Hyderabad
      • Special discount on Pre-payment and pre-closure fees
      • Comparison & multiple option of the customer experience by previous customers

  • Can I avail a home loan for Home renovation or home extension in Hyderabad?
    • Yes, You can avail. Apart from Home purchase you can avail home loan in Hyderabad for Home Improvement Loan, Home Extension Loan, Home Conversion Loan, Home Construction Loan in Hyderabad.
  • Will there be any other costs involve when I purchase a new home in Hyderabad?
    • Yes, Government registration charges, transfer charges and stamp duty costs are some of the costs in addition to the cost of the home cost.
  • What are the processes costs involve usually while taking a home loan in Hyderabad?
    • Following are the extra costs:

      • Normally Bank/Lender processing charge/Loan booking fee: Bank or Finance Company charge some fee for processing there loan application is called processing fee, when the customer apply for a home loan. Generally It could between 0.5 % to 1 % of the loan amount.
      • Pre-payment or Foreclosure Charges: For home loan product If any of loan amount is paid back to Bank or Finance Company before the end of the agreed loan tenure, a Pre payment penalty is charged by banks/lenders, which could be up to 2% to 4 % of the amount pre-paid . However, most lenders currently do not charge a pre-payment fee for floating rate loans.
      • Additional Charges /fee or Costs: In Indian financial markets some Loan lenders may charge a documentation charge. This is also known as “Application fee”, in some Banks.
      • Property Loan Registration charges – Home registration charges are to be paid at the local Sub-Registrar’s Office it can goes up to 0.5 % to 1.5 % , as Charges for transferring the rights of the property from the builder/seller, and registering it in the name of the buyer (the loan applicant).

  • Can I have a co-borrower for a home loan in Hyderabad?
    • Yes, it is very good to have a co-borrower. This can easily enhance your loan amount, you are eligible for as the income of the co-applicant is also taken into consideration. There is no need to provide additional security like bonds, fixed deposits and LIC policies will also help in enhancing eligibility.
  • What is EMI? How it is decided?
    • EMI meaning; In the financial market EMI is simply the way of monthly repayments of loan. (EMI) is the fixed amount that is paid back to the Finance Company on a monthly installment. It made in with two parts; one is the principal amount portion and second is the interest portion on the principal amount equally divided across each month goes up to end of the last tenure month. The installments of loan are always paid up to the bank or lender on a fixed date each month until the total amount due is paid up during the tenure.
  • What is an amortization chart?
    • As a loan provider platform we have a dynamic EMI calculator with amortization schedule. Amortization is a calculative table giving the reduction of your loan amount by monthly installments. The amortization chart gives the breakup of every EMI towards repayment of interest and outstanding principal of your loan.
  • Can I eligible for income tax rebate on my home loan in Hyderabad?
    • Yes, As per Income tax rule of India under Section 80C and Section 24 of tax deductions are capped at 1 lakh for the principal repaid and 1.5 lakh for the interest repaid on whole loan .
  • Minimum & Maximum tenure options in home loan in Hyderabad?
    • Customer can select a loan tenure on the basis of comfortable with, ranging between 1 yr to 25 years, provided the term does not extend beyond your reaching 65 years of age or retirement age, whichever is earlier.
  • What is the maximum repayment tenure for NRI’s Home Loan?
    • We are helping NRI’s to availing Home Loans in India .The Bankers are offered to NRIs normally do not exceed 7 years of Loan tenure. The repayment for the loan is by way of monthly fixed installments. The EMIs begin only after the entire loan is disbursed. In case of a part disbursement, you will pay only the interest amount on the disbursed loan amount every month instead of the EMI. This is called as pre-EMI.
  • Is there any tax benefits applicable to Non-Resident Indians?
    • Till now no benefit allowed to NRI’s as per Indian Income tax low, there are no tax benefits are available for NRI customers unless you file returns and hence become eligible to avail the tax rebates available for home loans.
  • Does 99Loans.co charge me for its services?
    • No, 99Loans.co services come to you totally free of cost.
  • How will the security and privacy of my information/data be ensured?
    • 99Loans will never share your information data with any third party other than the financial institution that you decide to apply to. Our fare technology practices ensure a highly secure environment
  • How 99Loans.co works? Once I submit my application.
    • Once your application is electronically submitted on 99Loans.co; we will verify and send it securely to the financial institution as per your choice. This Bank/financial institution will then get in contact with you directly to take the process forward. 99Loans.co will also keep you updated on the status of your application via email and SMS alerts.

Documents Required

  • Aadhaar Copy

  • PAN Card Copy

  • Last 6 months bank A/C statement

  • Passport size photograph of the applicant & co-applicant

  • Age proof of co-applicant

  • Residence Address Proof

  • Form 16 for 1 year for Salaried / IT returns for Self Employed
  • Company ID Proof for Salaried
  • Sale Deed
  • Agreement of Sale / Construction
  • Link Documents for 15 years
  • Approved Plan & Permission Copies
  • Latest Encumbrance Certificate