Sundaram Home Finance Ltd. (Sundaram Finance) provides customers with affordable home loans based on their eligibility. The NBFC offers home loan interest as low as 6.95% p.a., which is one of the best rates in the home loan industry in India. Sundaram Finance provides home loans up to 85% of the property cost with a maximum repayment tenure of 20 years. Such attractive terms make Sundaram Finance a popular home loan option in the country. 

Let’s check out further details of Sundaram Housing Loans:

Sundaram Finance Home Loan Interest Rate

Home Loan Amount

Home Loan Interest Rate

Up till Rs. 30 lakhs

6.95% p.a.

Rs. 30 lakhs – Rs. 75 lakhs

7 % p.a.

Rs. 75 lakhs – Rs. 2 crores

7 % p.a.

Above Rs. 2 crores

7 % p.a.

Features of Sundaram Finance Home Loan



Interest Rate 

6.95% p.a. onwards

Loan Tenure

Up to 20 years

Interest Rate Linked to 



As low as Rs. 772 per lakh

Who can avail Sundaram Home Finance Home Loans?

  • Salaried individuals can avail of a home loan for a maximum period of twenty years or till the salaried borrower reaches retirement age, whichever is earlier
  • Self Employed individuals can avail home up to a maximum period of 15 years or till the borrower has reached 65 years, whichever is earlier
  • NRI’s can avail the home loan for a maximum tenure of  15 years or till they attain the  retirement age, whichever is earlier

Home Loans Schemes at Sundaram Home Finance Limited

Sundaram Finance offers various home loans as below: 

Housing Loans

  • Loan for purchase of a residential plot 
  • Loan for constructing a house
  • Loan for purchase of a house or flat, which can be either new or on resale 
  • Home extension loan available for constructing an additional room or floor to your current home 
  • Home improvement loans for renovating purposes 
  • Takeover loans for paying off an existing loan from another financial institution. Such loans are ultimately transferred to Sundaram Home Finance Limited.

Non-Housing Loans 

  • Applicable to only Resident Indians
  • Non-Residential Property Loan (NRPRO loans) available for the purchase of an office or business area
  • Loan available against Mortgage of Property (LAMP) 
  • Loans will be available only if the said property gets approval from the competent authority