Top Housing Finance Companies in India 2026
LIC HFL, PNB Housing, Sammaan, Truhome, Piramal, Aadhar and Tata Capital compared on rate, fees, tenure and benchmark.
Updated 30 September 2026 · 17 lenders trackedWhat you need to know
Housing finance companies (HFCs) are NBFCs whose main business is home loans. RBI has regulated them since August 2019 (the National Housing Bank still supervises them). To qualify, at least 60% of an HFC’s assets must be housing finance, with at least 50% of assets lent to individuals for housing. HFCs price off their own benchmark rates rather than the repo rate.
HFCs and NBFCs compared
| Lender | Rate | Processing fee | Tenure | Benchmark |
|---|---|---|---|---|
| LIC Housing Finance Home Loan | 7.15% – 9.50% | 0.25% of loan (min ₹5,000, max ₹50,000 per Paisabazaar; BankBazaar shows max ₹15,000) + GST; nil for women borrowers under offer | Up to 30 years | LHPLR (value not published on sources checked) |
| PNB Housing Finance Home Loan | 7.90% – 12.00% | Up to 1% + GST | Up to 30 years (NRI up to 15 years) | — |
| Tata Capital Home Loan | 8.00% – 13.00% | Up to 3% + GST (aggregator offer: ₹999 + GST) | Up to 30 years | PLR 10.70% (retail, new customers, as of 1 Mar 2026) |
| Sammaan Capital (formerly Indiabulls Housing Finance) Home Loan | 8.75% onwards | 0.50% onwards + charges | Up to 15 years (per source; confirm with lender) | RMLR 12.60% / RCLR 14.60% |
| Truhome Finance (formerly Shriram Housing Finance) Home Loan | 9.50% onwards | As per MITC (aggregator: up to 1.5% + GST) | Up to 25 years | — |
| Piramal Finance Home Loan | 9.99% onwards | Up to 3% + taxes | Up to 30 years | — |
| Aadhar Housing Finance Home Loan | 11.75% – 17.00% | Typically 0.5% – 1% (aggregator: up to ₹3,500 + GST) | Up to 30 years | AHFL PLR 17.50% (w.e.f. 10 Feb 2026) |
How HFCs differ from banks
| Point | Banks | Housing finance companies / NBFCs |
|---|---|---|
| Regulator | RBI | RBI (regulation) and National Housing Bank (supervision) |
| Starting rates we track | 7.10% – 9.00% | 7.15% – 11.75% |
| Benchmark | External benchmark (mostly repo rate) for new floating-rate retail loans since Oct 2019; reset at least every 3 months | Own benchmark — e.g. LIC HFL LHPLR, Tata Capital PLR 10.70%, Sammaan RMLR 12.60%, Aadhar PLR 17.50%; reset at lender’s discretion |
| Who they suit | Salaried and documented self-employed borrowers with good credit scores | Also informal-income, self-employed and small-town borrowers; some HFCs match bank rates for top scores |
| Prepayment | No charge on floating-rate loans to individuals | Same rule |
| LTV caps | 90% / 80% / 75% by loan size | Same RBI caps |
Choosing an HFC
- For a high credit score, LIC HFL (7.15%) and PNB Housing (from 7.90%) compete with banks.
- For self-employed or informal income, affordable-housing HFCs (Aadhar, Truhome, Piramal) lend where banks may not — at 9.5% – 17%.
- Ask how often the lender’s benchmark is reset and how past cuts were passed on.
- Check that the HFC is a PMAY-U 2.0 Primary Lending Institution if you qualify for the subsidy.
Frequently asked questions
Are HFC home loans safe?
HFCs are regulated by RBI and supervised by NHB, and follow the same fair-practice, KFS and prepayment rules as banks. Your loan terms are fixed by your agreement.
Which HFCs have changed names?
Indiabulls Housing Finance is now Sammaan Capital; Shriram Housing Finance is now Truhome Finance; Tata Capital Housing Finance was merged into Tata Capital Ltd; Piramal Capital & Housing Finance is now Piramal Finance.
For information and comparison only. Loan terms, rates and rules change — confirm with the lender and read the Key Facts Statement before borrowing.