బ్యాంకు వారీగా హోమ్ లోన్ ముందస్తు చెల్లింపు కాల్క్యులేటర్లు

HDFC Home Loan Prepayment Planning

HDFC Bank

HDFC Bank is one of India's largest private sector home loan lenders, formed after HDFC Ltd merged with HDFC Bank in 2023. The combined entity serves millions of home loan borrowers across India, with floating-rate loans linked to an internal benchmark rate. HDFC Bank offers home loans to salaried and self-employed individuals, as well as NRI borrowers, with tenures of up to 30 years. For prepayment, HDFC Bank provides a digital servicing portal (MyLoan) where borrowers can initiate part-prepayments online without a branch visit. The bank applies prepayments toward reducing the outstanding principal, and borrowers can choose whether the prepayment reduces EMI or tenure, tenure reduction saves significantly more interest in most cases. HDFC home loan rates have historically been competitive among private sector lenders. Borrowers in the first half of their loan tenure stand to save the most from prepayment, since interest constitutes the majority of early EMIs.

Illustrative floating rate reference, May 2026. Verify your latest sanction letter or HDFC rate card before acting.

SBI Home Loan Prepayment Planning

State Bank of India

State Bank of India is India's largest bank by assets and one of the most widely used home loan lenders in the country. SBI home loans are typically linked to the bank's External Benchmark Lending Rate (EBLR), which is tied to the RBI repo rate, meaning the rate adjusts when the RBI changes policy rates. SBI also offers a distinctive product called SBI MaxGain, a home loan with an overdraft facility that allows borrowers to park surplus cash in the loan account to reduce effective interest while retaining liquidity. For borrowers with this product, the prepayment strategy is different, idle funds already reduce the interest burden without a formal prepayment. For standard home loan prepayments, SBI borrowers can use the YONO app or Internet Banking to initiate transactions. SBI also has a large branch network for in-person servicing. The bank applies prepayments toward reducing the outstanding principal.

Illustrative floating rate reference, May 2026. Verify your current SBI home loan rate and sanction terms before acting.

ICICI Home Loan Prepayment Planning

ICICI Bank

ICICI Bank is one of India's two largest private sector banks and a major home loan lender. ICICI Bank home loans are linked to the bank's External Benchmark Lending Rate (EBLR), which moves in line with the RBI repo rate and resets periodically as specified in the loan agreement. ICICI Bank offers a digital-first home loan servicing experience through the iMobile Pay app and the ICICI Bank Internet Banking portal, where borrowers can initiate part-prepayments, view amortisation schedules, and track their outstanding balance without visiting a branch. ICICI Bank also extends home loans to NRI borrowers under specific NRI home loan products, with prepayment permitted from NRE and NRO accounts per RBI and FEMA guidelines. Borrowers in the first half of their loan tenure, where interest constitutes a large share of the EMI, benefit most from prepayments.

Illustrative floating rate reference, May 2026. Verify your latest ICICI Bank home loan rate before making a prepayment decision.

LIC Housing Finance Limited (LIC HFL) is a wholly-owned subsidiary of Life Insurance Corporation of India and one of India's largest housing finance companies. Established in 1989, LIC HFL serves salaried employees, self-employed professionals, and non-professionals across urban and semi-urban India, as well as NRI borrowers. LIC HFL offers multiple home loan products including its flagship Griha Prakash loan and special schemes for defence personnel, pensioners, and other segments. Floating-rate loans are typically linked to a Prime Lending Rate (PLR) or benchmark that LIC HFL revises periodically. For prepayment, LIC HFL borrowers typically use branch servicing or the LIC HFL customer portal. Unlike some private sector banks, LIC HFL's digital self-service for prepayments may be limited; many borrowers use demand drafts or NEFT transfers to the loan account with branch confirmation. Prepayment is most effective in the early years of the loan when interest dominates the EMI.

Illustrative floating rate reference, May 2026. Verify the latest LIC Housing Finance terms before relying on this estimate.

Yes Bank is a private sector bank that underwent a reconstruction process in 2020 under RBI oversight and has since resumed normal banking operations. Yes Bank offers home loans linked to its Repo Linked Lending Rate (RLLR), which adjusts when the RBI changes the repo rate. Yes Bank home loan borrowers can manage their accounts and initiate service requests through the YES MOBILE app and Yes Bank's net banking portal. Branch servicing is also available for prepayment requests. Given Yes Bank's slightly higher rates compared to larger private or public sector lenders, prepayment can be especially impactful for Yes Bank borrowers, a higher interest rate means more interest accruing per month, so each rupee of principal reduction saves proportionally more. Borrowers in the first half of their tenure will see the greatest benefit from consistent prepayments.

Illustrative floating rate reference, May 2026. Verify your latest Yes Bank rate card and sanction terms before acting.

Axis Bank Home Loan Prepayment Planning

Axis Bank

Axis Bank is one of India's three largest private sector banks and a significant home loan lender. Axis Bank home loans are linked to the bank's External Benchmark Lending Rate (EBLR), which tracks the RBI repo rate and resets at intervals specified in the sanction letter. Axis Bank offers home loans under several variants including its Shubh Aarambh product, which provides a step-up EMI structure for borrowers expecting income growth. Axis Mobile, the bank's app, and the Axis Bank net banking portal support various home loan servicing requests including payment scheduling. For prepayments, Axis Bank borrowers should confirm whether the bank applies the payment toward outstanding principal and whether it reduces tenure or EMI. Axis Bank also offers balance transfer facilities, which may be relevant if you are considering switching lenders. Prepayment is most valuable in the early years of the loan.

Illustrative floating rate reference, May 2026. Verify current Axis Bank terms and your sanction letter before making changes.

Kotak Home Loan Prepayment Planning

Kotak Mahindra Bank

Kotak Mahindra Bank is among India's largest private sector banks by market capitalisation and offers home loans to salaried and self-employed borrowers. Kotak home loans are linked to the bank's EBLR benchmark, which resets with RBI repo rate changes at intervals defined in the sanction letter. Kotak Mahindra Bank has a strong focus on wealth management and financial planning, and many of its home loan borrowers also hold investments with the bank. This makes the prepayment-vs-investment decision particularly relevant, Kotak borrowers often weigh whether surplus cash should go toward prepayment or remain in market-linked instruments. For prepayment, Kotak Mahindra Bank borrowers can use the Kotak Mobile Banking app or net banking for payments and servicing. Branch servicing is also available. Prepayment is applied toward the outstanding principal, and borrowers should confirm whether it reduces EMI or tenure.

Illustrative floating rate reference, May 2026. Verify the current Kotak Mahindra Bank terms before relying on this example.

Bank of Baroda Home Loan Prepayment Planning

Bank of Baroda

Bank of Baroda is one of India's largest public sector banks, formed through the merger of Bank of Baroda, Vijaya Bank, and Dena Bank in 2019. It is a major home loan lender with products spanning salaried, self-employed, NRI, and rural borrowers across India. Bank of Baroda home loans are linked to the Baroda Repo Linked Lending Rate (BRLLR), which resets with RBI repo rate changes at intervals stated in the sanction letter. BoB also offers the Baroda Home Advantage product, which includes an overdraft-style feature similar to SBI MaxGain, allowing borrowers to park surplus cash in the loan account to reduce effective interest. For prepayment, Bank of Baroda offers digital servicing through the BOB World app and net banking. Borrowers can also visit any BoB branch for prepayment requests. The bank applies the payment toward outstanding principal, and borrowers should confirm whether it reduces EMI or remaining tenure.

Illustrative floating rate reference, May 2026. Verify the latest Bank of Baroda home loan terms before acting.

PNB Home Loan Prepayment Planning

Punjab National Bank

Punjab National Bank is India's second-largest public sector bank by assets, formed after the merger of PNB, Oriental Bank of Commerce, and United Bank of India in 2020. PNB is a major home loan lender with products targeting salaried employees, self-employed borrowers, and government employees. PNB home loans are linked to the bank's Repo Linked Lending Rate (RLLR), which resets with RBI policy changes at intervals specified in the sanction letter. PNB also has a separate entity, PNB Housing Finance Limited, which is a listed NBFC with its own home loan products and a different rate and prepayment structure. Borrowers should confirm whether their loan is from PNB (the bank) or PNB Housing Finance before looking up prepayment terms. For prepayment, PNB borrowers can use the PNB ONE mobile app or PNB net banking. In-branch prepayment is also available. The bank applies payments to reduce outstanding principal, and borrowers should confirm whether this reduces EMI or tenure.

Illustrative floating rate reference, May 2026. Verify the latest Punjab National Bank home loan terms before acting.

Canara Bank Home Loan Prepayment Planning

Canara Bank

Canara Bank is one of India's oldest and largest public sector banks, founded in 1906 and headquartered in Bengaluru. It merged with Syndicate Bank in 2020 and is now among the top four public sector lenders by assets. Canara Bank serves a broad base of home loan borrowers across urban and rural India. Canara Bank home loans are linked to the bank's Repo Linked Lending Rate (RLLR), adjusted when the RBI changes the repo rate. Borrowers can manage accounts and some service requests through the Canara AI1 mobile app and Canara Bank net banking. For prepayment, Canara Bank typically processes requests through branch servicing or via NEFT transfer with branch notification. The Canara AI1 app may support payment scheduling, but branch confirmation is often required for part-prepayments. As with all PSU lenders, floating-rate borrowers are protected from prepayment charges by RBI rules.

Illustrative floating rate reference, May 2026. Verify the latest Canara Bank home loan rate and terms before acting.

Union Bank Home Loan Prepayment Planning

Union Bank of India

Union Bank of India is a large public sector bank formed through the three-way merger of Union Bank of India, Andhra Bank, and Corporation Bank in April 2020. The merged entity serves millions of home loan borrowers across India and offers products for salaried, self-employed, and NRI customers. Union Bank home loans are linked to the bank's Repo Linked Lending Rate (RLLR), which adjusts when the RBI changes the repo rate. Borrowers from the merged Andhra Bank and Corporation Bank have had their accounts migrated to Union Bank, and terms are governed by their original sanction amended by the merger communication. For prepayment, Union Bank borrowers can use Union Bank's mobile banking app, internet banking, or branch servicing. Prepayments are applied toward outstanding principal, and borrowers should confirm whether it reduces EMI or tenure.

Illustrative floating rate reference, May 2026. Verify the latest Union Bank of India rate card and sanction terms before acting.

Tata Capital Housing Finance Limited is the home loan arm of Tata Capital, a subsidiary of Tata Sons. Unlike banks, Tata Capital is an NBFC (Non-Banking Financial Company) regulated by the RBI, which means its home loan products and prepayment terms follow RBI NBFC guidelines rather than bank regulations. Tata Capital offers home loans to salaried and self-employed borrowers, with floating rates typically linked to a benchmark rate that the company revises periodically. Tata Capital also serves NRI borrowers and offers balance transfer, top-up, and home improvement loan variants. For prepayment, Tata Capital borrowers can use the Tata Capital mobile app or customer portal, or contact Tata Capital's customer care. Given Tata Capital's slightly higher rates compared to large PSU banks, prepayment can have a proportionally larger impact on total interest savings. Borrowers should confirm whether a formal part-prepayment reduces EMI or tenure.

Illustrative floating rate reference, May 2026. Verify the latest Tata Capital home loan terms before relying on this estimate.