Home Loans in Chennai

Home Loans in Chennai

Looking to buy or construct a home in Chennai? The right home loan can help you turn your plans into action without stretching your finances. With a market known for stability and long-term value, making a well-timed decision matters. Our range of home loan options are designed to offer flexibility, clear terms, and a hassle-free application experience, so you can move closer to owning a home in Chennai with confidence.

Home Loan EMI Calculator

Calculate your home loan EMI with our easy-to-use Home Loan EMI Calculator and plan your finances better.

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Disclaimer: The data generated herein is completely and solely based on the information/details provided by you and such information and the resultant data is provided only for user's convenience and information purposes. Ujjivan SFB does not guarantee accuracy, completeness or correct sequence of any the details provided therein and therefore no reliance should be placed by the user for any purpose whatsoever on the information contained / data generated herein or on its completeness / accuracy.

The use of any information set out is entirely at the User's own risk. User should exercise due care and caution (including if necessary, obtaining of advice of tax/ legal/ accounting/ financial/ other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained / data generated herein. Ujjivan SFB does not undertake any liability or responsibility to update any data. No claim (whether in contract, tort (including negligence) or otherwise) shall arise out of or in connection with the services against the bank. Neither Ujjivan SFB nor any of its agents or licensors or group companies shall be liable to user/ any third party, for any direct, indirect, incidental, special or consequential loss or damages (including, without limitation for loss of profit, business opportunity or loss of goodwill) whatsoever, whether in contract, tort, misrepresentation or otherwise arising from the use of these tools/ information contained / data generated herein.

Why Choose Ujjivan SFB to Apply for Home Loan in Chennai?

  • Loans up to ₹75 lakh*

    Get higher loan amount depending on your eligibility

  • Affordable Interest Rates

    We offer one of the most competitive rates in the market

  • Longer Tenures up to 20 years

    Repay through easy EMIs aligned to your income and goals

  • Faster Approvals

    Enjoy smooth and fast application process

  • Range of Financing Options

    Select from home purchase & construction loan, composite loan, home improvement loan & more depending on your requirement

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Home Loan Interest Rates in Chennai

To know the latest interest rates

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Home Loan Fees & Charges

To know our home loan fees and charges, please click here.

 

Eligibility Criteria & Documents Required to Avail a Home Loan in Chennai

Ensuring you have all the necessary documents in place and meet the eligibility criteria for a home loan would facilitate a seamless loan journey. For more details, call our toll-free number 1800 208 2121 or write to customercare[at]ujjivan[dot]com

How to Apply for a Home Loan in Chennai with Ujjivan SFB

Alternatively, you can walk in to your nearest Ujjivan SFB branch to apply for a housing loan. Find your nearest branch.

01
Visit our Home loan page
02
Click on Apply Now
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Fill out the necessary details and click 'Submit'
01
Visit our Home loan page
02
Click on Apply Now
03
Fill out the necessary details and click 'Submit'

Do’s and Don’ts of Applying for a Home Loan

Do’sDon’ts
Maintain a healthy credit score to reflect disciplined repayment behaviour and financial reliabilityDo not miss or delay loan EMIs, as even a single default can impact credit assessment
Keep all necessary documents accurate, updated, and verifiable for smoother evaluationDo not provide any inaccurate details while applying as it may lead to rejection of your application
Choose a realistic loan amount and tenure aligned with your repayment capacityDo not apply for a loan amount that exceeds your comfortable repayment ability
Disclose all existing loans and financial commitments transparentlyDo not hide liabilities, as undisclosed obligations can affect approval during internal checks
Ensure personal and financial details are consistent across all documentsDo not provide incomplete, inconsistent, or inaccurate information during verification

Different Budget Options for Home Loans in Chennai

₹10 Lakh Home Loan

₹20 Lakh Home Loan

₹30 Lakh Home Loan

₹40 Lakh Home Loan

₹50 Lakh Home Loan

₹75 Lakh Home Loan

FAQs

What is the minimum and maximum loan amount for Ujjivan Home Loans?

Ujjivan Home Loans offer a minimum loan amount of ₹2,00,000, with the maximum amount extending up to ₹75,00,000.

What is the tenure range for Ujjivan Home Loans?

The tenure ranges from a minimum of 39 months to a maximum of 240 months, offering flexibility to suit different financial needs.

What are CLADUM charges and how are they calculated?

CLADUM charges include Credit, Legal, Administrative, Documentation, Upkeep of documents, and Maintenance fees. These charges typically range from 1.0% to 2.0% of the loan amount plus applicable GST.

Is there a pre-processing fee for Ujjivan Home Loans?

Yes, there is a non-refundable loan processing fee of ₹3,350 plus GST applicable for all loan types.

Are there any additional charges besides the processing fee?

Yes, additional charges include CERSAI charges and stamp duty as per the applicable state/UT regulations (shall be paid directly to the respective authorities), along with optional life and property insurance premiums (deducted from the disbursement amount)

What is the eligibility criteria for a Pre-qualified Top Up Loan?

Pre-qualified Top Up Loans are exclusively available for existing eligible customers (subject to Bank’s internal Policy) with a minimum loan amount of 1,00,000 and a maximum of 10,00,000

How is the rate of interest calculated for Pre-qualified Top Up Loans?

The rate of interest for Pre-qualified Top Up Loans is just 1% higher than the core loan's ROI, providing a competitive advantage for eligible customers.

Can Pre-qualified Top Up Loans be availed for any purpose?

Yes, these loans can be utilised for fulfilling various dreams or financial requirements of the customer, given they meet the eligibility criteria.

What is the tenure range for Commercial Purchase Loans?

The tenure for Commercial Purchase Loans ranges from a minimum of 39 months to a maximum of 84 months, catering to the specific needs of commercial property acquisition.