South Indian Bank Home Loan: Rates, Eligibility & Fees 2026
South Indian Bank provides home loans for purchase, construction, affordable housing, balance transfers, and top ups with flexible repayment options. Butter Money helps you compare relevant schemes and apply with clear, trusted assistance. Apply with confidence.
Interest Rate
7.25%
p.a. onwards
Processing Fee
₹15,000
+ GST
Max Tenure
30 Years
Max LTV
Up to 80%
Zero Hidden Charges
Transparent pricing you can trust
Fast Approval
Quick approvals with less paperwork
Loan Assistance
Expert guidance at every step
Exciting Cashbacks
Save more with exclusive offers
What stands out with South Indian Bank
- Tenure up to 30 years
- Home purchase financing
- Construction finance
- Affordable housing option
- Balance transfer facility
- Top-up loan option
- Flexible repayment options
South Indian Bank home loan at a glance
| Lender type | Private bank |
| Starting rate | 7.25% p.a. onwards |
| Products | Home loan |
| Funding (LTV) | Up to 80% of the property's value, within RBI's caps |
| Prepayment | Nil on floating-rate loans |
South Indian Bank Interest Rates
By product, CIBIL score & applicant type
Home loan
| CIBIL Score | Salaried | Self Employed |
|---|---|---|
| 800 and above | 7.25% onwards | 7.25% onwards |
| 750–799 | 7.50% onwards | 7.50% onwards |
| 700–749 | 7.75% onwards | 7.75% onwards |
| 650–699 | 8.50% onwards | 8.50% onwards |
Starting rates for each CIBIL band. Your final rate also depends on the loan amount, property and profile.
Fees & Charges
Popular South Indian Bank Schemes
Find the right South Indian Bank product for your needs
| Scheme Name | Best Suited For | Interest Rate |
|---|---|---|
| Home Loan | Home purchase or construction | 7.25% onwards |
| Affordable Home Loan | Affordable housing | 7.25% onwards |
| Balance Transfer | Existing home loan transfer | 7.25% onwards |
| Top-Up Loan | Additional funding | 8.25% onwards |
South Indian Bank vs Similar Lenders
Lenders with the closest rates
| Lender | Best Suited For | Interest Rate |
|---|---|---|
| South Indian Bank (this page) | Private bank | 7.25% onwards |
| Federal Bank | Private bank | 7.25% onwards |
| IDBI Bank | Private bank | 7.35% onwards |
| HSBC Bank | Foreign bank | 7.45% onwards |
South Indian Bank 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 South Indian Bank's rates.
Illustrative calculation based on the selected rate. The rate defaults to 7.25% p.a., the best applicable starting rate. Your actual EMI depends on the rate offered to you.
A ₹50 lakh South Indian Bank home loan over 20 years at 7.25% costs ₹39,519 a month, or ₹44,84,512 in total interest. Every 0.25% higher adds about ₹761 a month.
South Indian Bank Home Loan FAQs
Can I prepay my South Indian Bank home loan without charges?
Yes, on a floating-rate home loan. RBI rules do not allow South Indian Bank to charge individual borrowers for part-prepayment or foreclosure of floating-rate home loans.
How much of the property value will South Indian Bank fund?
South Indian Bank 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 starting interest rate for South Indian Bank Home Loan?
South Indian Bank Home Loan starts from 7.25% p.a.
What is the processing fee?
The processing fee shown on this page is ₹15,000 + GST.
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 South Indian Bank?
Yes. Balance transfer is available for eligible borrowers.
Final terms are set by South Indian Bank at sanction. Source: South Indian Bank.