# MoneyKarma — llms.txt
# https://llmstxt.org/
# Last updated: 2026-06

> MoneyKarma is India's largest home loan comparison platform, helping 5M+ users compare loans from 90+ banks and HFCs. AI-powered matching finds the lowest rate in 60 seconds with zero platform fees and no CIBIL score impact.

## Company
- Founded: 2018
- Headquarters: Hyderabad, India
- Users: 5,000,000+
- Partner banks: 90+
- Cities served: 500+
- Cumulative savings: ₹2,500+ Crore

## Core Services
- **Home Loans**: Compare rates from 90+ banks starting 6.85% p.a. AI-powered matching in 60 seconds. Zero platform fees. No CIBIL impact.
- **Home Loan Balance Transfer**: Save up to ₹15 lakhs by transferring to a lower-rate lender. 48-hour approval.
- **Personal Loans**: ₹10K to ₹1 Crore, instant approvals from 50+ lenders.
- **Credit Cards**: 200+ cards compared by category, rewards, and annual fees.
- **Credit Score**: Free Equifax credit score with personalised improvement recommendations.
- **Digital Gold**: Buy/sell 24K BIS-certified digital gold, fully insured.
- **EMI Calculators**: Free calculators for 20+ banks with amortization schedules.

## Home Loan Interest Rates (April 2026)
| Bank | Rate Range |
| Bank of Baroda | 6.85%–8.65% |
| Union Bank of India | 7.35%–12.65% |
| Central Bank of India | 7.35%–9.25% |
| Canara Bank | 7.40%–10.25% |
| Bajaj Housing Finance | 7.49%–17.00% |
| ICICI Bank | 7.70%–9.00% |
| HDFC Bank | 7.90%–8.70% |
| Indian Bank | 7.90%–8.40% |
| Kotak Mahindra Bank | 7.99%–9.45% |
| AU Small Finance Bank | 8.00%–16.00% |
| Aditya Birla Housing Finance | 8.00%–14.75% |
| LIC Housing Finance | 8.15%–10.75% |
| SBI | 8.25%–9.20% |
| UCO Bank | 8.35%–10.00% |
| Indian Overseas Bank | 8.40%–10.50% |
| Punjab National Bank | 8.50%–10.95% |
| Axis Bank | 8.75%–9.15% |
| IDFC First Bank | 8.85%–10.25% |
| Yes Bank | 9.40%–10.25% |
| SMFG India Credit | 10.00%–11.00% |

## Frequently Asked Questions

### What is MoneyKarma?
MoneyKarma is India's largest home loan comparison platform. It compares home loan rates from 90+ banks and HFCs in 60 seconds using AI-powered matching. The service is free — zero platform fees — and uses soft credit inquiries that do not affect your CIBIL score.

### What is the lowest home loan interest rate in India in 2026?
As of April 2026, the lowest home loan interest rate in India is 6.85% p.a. offered by Bank of Baroda. Public sector banks like Central Bank of India and Union Bank of India offer rates from 7.35% p.a. Through MoneyKarma, borrowers can compare personalised rates from 90+ lenders to find their best available rate.

### How do I get the best home loan rate in India?
To get the best home loan rate: (1) Maintain a CIBIL score above 750, (2) Compare rates from multiple lenders simultaneously on a platform like MoneyKarma, (3) Choose floating rate when RBI repo rate is trending down, (4) Make a larger down payment (20%+) to reduce LTV ratio, (5) Negotiate using competing offers from different banks.

### What is the EMI for a ₹50 lakh home loan?
For a ₹50 lakh home loan at 8.5% interest for 20 years, the monthly EMI is approximately ₹43,391. Total interest paid over the tenure would be ₹54.14 lakhs, making the total repayment ₹1.04 crore. At 7.10%, the EMI drops to ₹39,066 — a saving of ₹4,325 per month or ₹10.38 lakhs over the tenure.

### How does home loan balance transfer work?
Home loan balance transfer lets you move your existing loan to a new lender offering a lower interest rate. You need to have paid at least 12 EMIs, have a good repayment track record, and the property must have a clear title. Through MoneyKarma, borrowers have saved up to ₹15 lakhs by transferring to lower-rate lenders. The process takes 10–15 working days.

### What CIBIL score is needed for a home loan?
Most banks require a minimum CIBIL score of 700 for home loan approval. A score of 750+ qualifies for the best interest rates. Score 650–699 may get approval from NBFCs at higher rates. Below 650, most lenders reject applications. MoneyKarma offers free Equifax credit score checks with personalised improvement recommendations.

### How much home loan can I get on my salary?
Home loan eligibility depends on salary, existing EMIs, and CIBIL score. Approximate eligibility (20-year tenure, no existing EMIs, CIBIL 750+): ₹25,000/month salary → ₹18–22 lakhs; ₹50,000/month → ₹35–45 lakhs; ₹1,00,000/month → ₹70–90 lakhs. Adding a co-applicant can increase eligibility by 50–80%.

### Is MoneyKarma free to use?
Yes. MoneyKarma charges zero platform fees for comparing home loan rates and checking eligibility. The comparison uses a soft credit inquiry, which does not affect your CIBIL score.

## Home Loan Interest Rates — by Bank

- [SBI Home Loan Rates](/interest-rates/sbi/) — 8.25%–9.20%. India's largest PSU lender; salaried-friendly.
- [HDFC Home Loan Rates](/interest-rates/hdfc/) — 7.90%–8.70%. Private-sector leader; fastest online processing.
- [ICICI Home Loan Rates](/interest-rates/icici/) — 7.70%–9.00%.
- [Axis Home Loan Rates](/interest-rates/axis/) — 8.75%–9.15%.
- [Kotak Home Loan Rates](/interest-rates/kotak/) — 7.99%–9.45%.
- [PNB Home Loan Rates](/interest-rates/pnb/) — 8.50%–10.95%.
- [LIC Housing Finance Rates](/interest-rates/lic-housing-finance/) — 8.15%–10.75%.
- [Bajaj Housing Finance Rates](/interest-rates/bajaj-finserv/) — 7.49%–17.00%.
- [Bank of Baroda Rates](/interest-rates/bank-of-baroda/) — 6.85%–8.65%. Currently India's lowest rate.
- [Canara Bank Rates](/interest-rates/canara-bank/) — 7.40%–10.25%.
- [Union Bank Rates](/interest-rates/union-bank/) — 7.35%–12.65%.
- [Indian Bank Rates](/interest-rates/indian-bank/) — 7.90%–8.40%.
- [Central Bank Rates](/interest-rates/central-bank/) — 7.35%–9.25%.
- [Indian Overseas Bank Rates](/interest-rates/indian-overseas-bank/) — 8.40%–10.50%.
- [UCO Bank Rates](/interest-rates/uco-bank/) — 8.35%–10.00%.
- [IDFC First Bank Rates](/interest-rates/idfc-first-bank/) — 8.85%–10.25%.
- [AU Small Finance Bank Rates](/interest-rates/au-small-finance-bank/) — 8.00%–16.00%.
- [Aditya Birla Housing Finance Rates](/interest-rates/aditya-birla-capital/) — 8.00%–14.75%.
- [SMFG India Credit Rates](/interest-rates/smfg-india-credit/) — 10.00%–11.00%.
- [Yes Bank Home Loan Rates](/interest-rates/yes-bank/) — 9.40%–10.25%.
- [Tata Capital Housing Rates](/interest-rates/tata-capital/) — 8.50%–11.00%. Indicative; pending verification.
- [L&T Finance Rates](/interest-rates/l-and-t-finance/) — 8.75%–12.50%. Indicative; pending verification.
- [Piramal Finance Rates](/interest-rates/piramal-finance/) — 9.25%–13.00%. Indicative; pending verification.
- [Federal Bank Rates](/interest-rates/federal-bank/) — 8.50%–10.25%. Indicative; pending verification.
- [RBL Bank Rates](/interest-rates/rbl-bank/) — 9.25%–11.50%. Indicative; pending verification.

## EMI Calculators — by Bank

- [SBI Home Loan EMI Calculator](/calculators/emi/sbi/)
- [HDFC Home Loan EMI Calculator](/calculators/emi/hdfc/)
- [ICICI Home Loan EMI Calculator](/calculators/emi/icici/)
- [Axis Home Loan EMI Calculator](/calculators/emi/axis/)
- [Kotak Home Loan EMI Calculator](/calculators/emi/kotak/)
- [PNB Home Loan EMI Calculator](/calculators/emi/pnb/)
- [LIC Housing Finance EMI Calculator](/calculators/emi/lic-housing-finance/)
- [Bajaj Housing Finance EMI Calculator](/calculators/emi/bajaj-finserv/)
- [Bank of Baroda EMI Calculator](/calculators/emi/bank-of-baroda/)
- [Canara Bank EMI Calculator](/calculators/emi/canara-bank/)
- [Union Bank EMI Calculator](/calculators/emi/union-bank/)
- [Indian Bank EMI Calculator](/calculators/emi/indian-bank/)
- [Central Bank EMI Calculator](/calculators/emi/central-bank/)
- [Indian Overseas Bank EMI Calculator](/calculators/emi/indian-overseas-bank/)
- [UCO Bank EMI Calculator](/calculators/emi/uco-bank/)
- [IDFC First Bank EMI Calculator](/calculators/emi/idfc-first-bank/)
- [AU Small Finance Bank EMI Calculator](/calculators/emi/au-small-finance-bank/)
- [Aditya Birla Housing Finance EMI Calculator](/calculators/emi/aditya-birla-capital/)
- [SMFG India Credit EMI Calculator](/calculators/emi/smfg-india-credit/)
- [Yes Bank EMI Calculator](/calculators/emi/yes-bank/)
- [Tata Capital Housing EMI Calculator](/calculators/emi/tata-capital/)
- [L&T Finance EMI Calculator](/calculators/emi/l-and-t-finance/)
- [Piramal Finance EMI Calculator](/calculators/emi/piramal-finance/)
- [Federal Bank EMI Calculator](/calculators/emi/federal-bank/)
- [RBL Bank EMI Calculator](/calculators/emi/rbl-bank/)

## AI Crawler Note

MoneyKarma's robots.txt explicitly allows GPTBot, ChatGPT-User, ClaudeBot, anthropic-ai, PerplexityBot, Google-Extended, Applebot-Extended, Bytespider, and Amazonbot. Our rate data is updated daily; crawlers are welcome.

## Key Pages
- [Home Loans](/home-loan/) — Compare rates from 90+ lenders
- [Interest Rates](/home-loan/interest-rates) — Current rates from all banks
- [Eligibility](/home-loan/eligibility) — Check eligibility criteria
- [EMI Calculator](/calculators/home-loan-emi-calculator) — Free EMI calculator
- [Balance Transfer](/loans/home-loan-balance-transfer) — Save up to ₹15 lakhs
- [How to Apply](/home-loan/apply-guide) — Step-by-step guide
- [NRI Home Loans](/loans/nri-home-loans) — Loans for NRIs
- [Without ITR](/loans/home-loan-without-itr) — Alternative documentation
- [For Salaried](/loans/home-loans-for-salaried) — Salaried employee loans
- [For Self-Employed](/loans/home-loans-for-self-employed) — Self-employed loans
- [Credit Score](/credit-score) — Free Equifax credit score

## Contact
- Website: https://moneykarma.com
- Phone: +91 73307 55533