Mahindra Finance Home Loan: Rates, Eligibility & Fees 2026
Mahindra Home Finance provides affordable loans for purchase, construction, renovation, and extensions, with strong reach across emerging and semi urban markets. Butter Money helps you explore suitable options and apply with clear, trusted support. Apply confidently.
Interest Rate
8.00%
p.a. onwards
Processing Fee
0.50%
+ GST
Max Tenure
30 Years
Max LTV
Up to 80%
Rates updated 11 Aug 2026 from Butter's lender rate data · Mahindra Finance's official rates
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What stands out with Mahindra Finance
- Tenure up to 30 years
- Home purchase financing
- Construction finance
- Balance transfer option
- Top-up funding available
- Flexible repayment options
- Salaried & self-employed options
Mahindra Finance home loan at a glance
| Lender type | Housing finance company |
| Starting rate | 8.00% p.a. onwards |
| Products | Home loan, Balance transfer, Plot |
| Funding (LTV) | Up to 80% of the property's value, within RBI's caps |
| Prepayment | Nil on floating-rate loans |
Mahindra Finance Interest Rates, August 2026
By product, CIBIL score & applicant type
| CIBIL Score | Salaried | Self Employed |
|---|---|---|
| 800 and above | 8.95% onwards | 9.05% onwards |
| 700–749 | 8.00% onwards | 8.10% onwards |
| 750–799 | 8.35% onwards | 8.45% onwards |
| CIBIL Score | Salaried | Self Employed |
|---|---|---|
| 800 and above | 9.95% onwards | 10.55% onwards |
| 700–749 | 9.00% onwards | 9.60% onwards |
| 750–799 | 9.35% onwards | 9.95% onwards |
Starting rates for each CIBIL band. Your final rate also depends on the loan amount, property and profile. Updated 11 Aug 2026.
Fees & Charges
Popular Mahindra Finance Schemes
Find the right Mahindra Finance product for your needs
| Scheme Name | Best Suited For | Interest Rate |
|---|---|---|
| Home Loan | Home purchase or construction | Profile based |
| Home Improvement | Renovation or extension | Profile based |
| Balance Transfer | Existing home loan transfer | 8.00% onwards |
| Top-Up Loan | Additional funding | Profile based |
Mahindra Finance vs Similar Lenders
Lenders with the closest rates
| Lender | Best Suited For | Interest Rate |
|---|---|---|
| Mahindra Finance (this page) | Housing finance company | 8.00% onwards |
| Godrej Finance | Housing finance company | 8.34% onwards |
| TATA Capital | NBFC | 7.60% onwards |
| Bajaj Housing Finance | Housing finance company | 7.20% onwards |
Mahindra Finance Home Loan EMI Calculator
Move the sliders to see how the loan amount, interest rate and tenure change your monthly EMI and total interest outgo at Mahindra Finance's rates.
Illustrative calculation based on the selected rate. The rate defaults to 8% p.a., the best applicable starting rate. Your actual EMI depends on the rate offered to you.
A ₹50 lakh Mahindra Finance home loan over 20 years at 8.00% costs ₹41,822 a month, or ₹50,37,281 in total interest. Every 0.25% higher adds about ₹781 a month.
Mahindra Finance Home Loan FAQs
What is the Mahindra Finance home loan interest rate?
Mahindra Finance home loan rates start at 8.00% p.a. for the strongest credit profiles and rise for lower CIBIL scores. Your final rate also depends on the loan amount, property and income.
Can I prepay my Mahindra Finance home loan without charges?
Yes, on a floating-rate home loan. RBI rules do not allow Mahindra Finance to charge individual borrowers for part-prepayment or foreclosure of floating-rate home loans.
How much of the property value will Mahindra Finance fund?
Mahindra Finance funds up to 80% of the property's value, within RBI's caps (up to 90% for loans up to ₹30 lakh, 80% for ₹30–75 lakh and 75% above ₹75 lakh). You pay the rest as your own contribution.
What is the maximum home loan tenure?
The maximum tenure is 30 years.
What CIBIL score is preferred?
Higher CIBIL scores support more competitive pricing.
What documents are required?
KYC, income and property documents are required as listed in the Documents tab.
Can I transfer my existing home loan to Mahindra Finance?
Yes. Balance transfer is available for eligible borrowers.
Rates updated 11 Aug 2026 from Butter's lender rate data. Final terms are set by Mahindra Finance at sanction. Source: Mahindra Finance.