Why go with Utkarsh Small Finance Bank for your Home Loan ?
Local but Strong: We are a local bank, but we have the backing of
big institutions. This means you get personal service and a solid foundation when buying a house
nearby.
Inclusive: Utkarsh Small Finance Bank helps people who are
salaried, self-employed, and even those in the informal sector get legit home loans. They reach
many customers that big banks usually miss.
Lots of options: They have different plans for different income
levels. Think small loans for lower-income individuals to bigger loans for those with higher
incomes.
Fast processing: Applying online, with clear steps and not much
paperwork, means you can get your loan approved and your house keys quicker.
Customer focus: The staff is friendly as they explain things
simple and in an easy form. They are there to help you every step of the way. They make home
loans easier to get, no matter where you come from.
Govt. subsidy benefits: They have special plans that can help you
get government interest subsidies, cutting down what you have to pay in total.
Utkarsh Small Finance Bank Home Loan Products (2025)
Here's the deal with our Home Loans:
Grih Saral: Loans from ₹5 lakh to ₹10 lakh, with interest around
12.50–15% per year.
Grih Suvidha: Need between ₹10 lakh and ₹25 lakh? Rates are
10–14% per year.
Grih Unnati: For ₹25 lakh to ₹60 lakh, expect interest in the
10–12% range each year.
Grih: Borrow ₹60 lakh to ₹1 crore at 10–12% yearly interest.
Grih Prime: Big loans, ₹1 crore to ₹5 crore, come with rates of
9.50–12% interest each year.
Grih Aadhar: Just for our current customers! Get ₹2 lakh–₹5 lakh
at 12.5–15% interest annually.
Grih Sudhar: Fix up, improve, or expand your place with up to ₹50
lakh. Interest? About 10–14% per year.
PMAY/Utkarsh Awas Loan: Got a family that's EWS/LIG/MIG? Check
out these subsidized loans!
Home Loan Balance Transfer: Move your current home loan to
Utkarsh for good rates.
Home Loan Plus: Get a bit extra on top of your current loan, from
₹2 lakh–₹25 lakh. Rates run from 9.5–14.5% per year.
Utkarsh SFB Home Loan Interest Rates 2025
| Product/Scheme |
Loan Amount |
Interest Rate (p.a.) |
Tenure |
| Grih Saral |
₹5L–₹10L |
12.50–15.00% |
Up to 30 yrs |
| Grih Suvidha |
₹10L–₹25L |
10.00–14.00% |
Up to 30 yrs |
| Grih Unnati |
₹25L–₹60L |
10.00–12.00% |
Up to 30 yrs |
| Grih Pride |
₹60L–₹1Cr |
10.00–12.00% |
Up to 30 yrs |
| Grih Prime |
₹1Cr–₹5Cr |
9.50–12.00% |
Up to 30 yrs |
| Grih Sudhar |
₹2L–₹50L |
10.00–14.00% |
Up to 20 yrs |
| Grih Aadhar |
₹2L–₹5L |
12.50–15.00% |
Up to 30 yrs |
Processing Fees - 1% of the loan, plus taxes (could be 0.50–2% for some
loans).
Early Payment Fee - 2% if your rate is fixed. None if it floats (like with
some home loans).
Other charges - You pay what we pay for lawyers, inspections, statements, etc.
Who Can Get a Home Loan (in 2025)
Age: The age between 21–60 if you are employed, or up to 65 if
you work for yourself by the time the loan ends.
Income: You need a stable monthly income of at least
₹12,000–₹15,000 a month for smaller loans.
Employed: Minimum working of 3 years, and at least a year at your
current job.
Self-Employed: 3 years in business or profession.
Credit Score: Ideally 650 or higher (we can be flexible if you're
not in the formal sector).
Co-Applicants: Adding family can help you get approved.
Property: Must be in an approved area and have a clean title.
Required Documents for Utkarsh Small Finance Bank Home Loans
Here’s the document list for salaried and self-employed individuals :
For Salaried Individuals:
- Application with photos
- PAN, Aadhaar, or Passport (for ID and address)
- Pay stubs (last 3–6 months), Form 16 (for the past 2 years)
- Bank statements (6 months)
- Property docs: agreement, title, approved layout/map
- Letter from your employer
For Self-Employed Individuals:
- All the stuff listed above PLUS
- Business proof: GST/registration/license
- ITR with calculations (2–3 years)
- Balance sheet, P&L (CA audited)
- Bank statements (12 months)
- Property documents
Note: If you have a co-applicant, they will need to submit similar documents.
Why Choose TyTil ?
Quick Comparison: Check out Utkarsh next to other lenders fast.
Full Digital Process: Fill your application, upload documents,
and track everything on the web.
Expert Guidance: The TyTil team can assist you in seeing if you
are eligible, any issues, and get a good deal.
Faster Approvals: Direct bank links make approvals and payouts
happen quicker.
Safe & Secure: Your personal info is encrypted and kept private.
Utkarsh Home Loan Schemes (2025)
Looking to buy, construct a house, or do both? We have got home loans for that.
New Home Loans: This scheme is for purchase, construction, or
composite (plot + construction).
Home Improvement/Extension: For renovation, repair, or
expansion, you can go with a home improvement loan.
Home Loan Balance Transfer: Lower your EMI or interest by
switching loans with a home loan balance transfer.
Top-up Loans: Extra credit over an existing home loan.
Grih Sudhar/Prime/Pride/Suvidha: It includes various slabs for
every budget and property size.
PMAY/CLSS Aligned Schemes: Subsidized rates for eligible
first-time buyers.
Utkarsh Small Finance Bank Home Loan Tax Benefits
Section 80C: Get up to ₹1.5 lakh off per year on the principal
you repay.
Section 24(b): You can deduct up to ₹2 lakh each year for
interest if you live in the house yourself.
Section 80EE/80EEA: There are extra savings for first-time
buyers or if you're buying an affordable home (if you qualify).
Joint Loans: If you are borrowing with someone else, you can
both claim the full deduction, assuming you are both paying back the loan.