Housing finance company · Home Loan
Truhome Finance (formerly Shriram Housing Finance) Home Loan 2026
Shriram Housing Finance was renamed Truhome Finance Ltd after Warburg Pincus acquired it from the Shriram group in 2023; it focuses on affordable home loans. Interest rate 9.50% onwards, tenure Up to 25 years.
Rates as of 2026 · Checked 27 September 2026Interest rate
9.50%
onwardsEMI on ₹50,00,000 (20 yrs)
₹46,607
Truhome Finance (formerly Shriram Housing Finance) Home Loan at a glance
Interest rate9.50% onwards
Processing feeAs per MITC (aggregator: up to 1.5% + GST)
Loan amount—
TenureUp to 25 years
Applicant age25 – 65 years
LTVUp to 90% (within RBI slabs)
Lender typeHousing finance company
Rank on this site#15 of 17 by starting rate
Strengths
- Serves affordable-housing and self-employed borrowers
- Balance transfer with top-up
Watch out for
- High starting rate (9.50%)
- Upper end can be much higher per aggregator (up to 21%)
Shriram Housing Finance is now Truhome Finance. Old Shriram Housing loans are serviced by Truhome.
Truhome home loan interest rate & charges
| Feature | Truhome |
|---|---|
| Interest rate | 9.50% onwards |
| Rate details | Official: starts at 9.5%. Paisabazaar shows 8.50% onwards and up to 21% — sources conflict; we use the official starting rate. |
| Processing fee | As per MITC (aggregator: up to 1.5% + GST) |
| Loan amount | — |
| Tenure | Up to 25 years |
| Prepayment / foreclosure | Nil (per lender) |
| Applicant age | 25 – 65 years |
| LTV | Up to 90% (within RBI slabs) |
Special schemes & features
Balance transfer & top-up
Switch your loan and borrow extra
Source: www.truhomefinance.in, 2026. Rates are indicative; your rate depends on your profile. Always check the Key Facts Statement (KFS) for the APR before signing.
EMI at Truhome’s rates
| Loan amount | EMI @ 9.50% |
|---|---|
| ₹25,00,000 | ₹23,303 |
| ₹50,00,000 | ₹46,607 |
| ₹75,00,000 | ₹69,910 |
Tenure 20 years, reducing-balance method. Total interest on ₹50,00,000 at 9.50%: ₹61,85,574.
Truhome home loan EMI calculator
Eligibility
- Resident Indians and NRIs; minimum age usually 18 – 21
- Maximum age at loan maturity typically 60 – 75 depending on lender and employment (e.g. Canara/PNB 70, Bandhan 75, some LIC HFL schemes 80)
- Regular income: salaried, self-employed professional or self-employed business owner; informal-income borrowers at affordable-housing lenders
- Credit score: 750+ usually gets the best rates (LIC HFL’s lowest rate needs 825+)
- Total EMIs (including the new loan) generally within 50% – 60% of net monthly income
- Property with clear, marketable title and approved plan; loan limited by RBI LTV caps (90% / 80% / 75%)
Documents required
- KYC: PAN (mandatory), Aadhaar / passport / voter ID, address proof, photographs
- Salaried: last 3 salary slips, Form 16 (2 years), 6 months’ salary bank statement
- Self-employed: ITR with computation (2 – 3 years), CA-certified P&L and balance sheet, business proof (GST / Udyam / licence), 12 months’ bank statements
- Property: sale agreement / allotment letter, title chain, approved plan, RERA registration, OC/CC or builder NOC, encumbrance certificate, tax receipts
- Own-contribution receipts and existing loan statements (if any)
- For balance transfer: sanction letter, 12 months’ repayment track, list of documents held by current lender
How to apply for Truhome Finance (formerly Shriram Housing Finance) Home Loan
- Check eligibility & compareUse the eligibility calculator and compare APR, not just the headline rate.
- Apply with documentsOnline or at a branch; pay the processing / login fee.
- Appraisal & sanctionLender checks credit score, income and FOIR, then issues a sanction letter and Key Facts Statement with APR.
- Legal & technical checkTitle search, encumbrance, approvals and valuation of the property.
- Agreement & mortgageSign the loan agreement; deposit original title deeds (equitable mortgage) or register a mortgage deed as the state requires.
- DisbursalPaid to the seller/builder — in one go for ready homes or in stages for under-construction projects.
Truhome vs other lenders
| Lender | Rate | Processing fee | Tenure | EMI on ₹50,00,000 |
|---|---|---|---|---|
| Indian Overseas Bank Home Loan | 7.10% – 8.20% | 0.50% of loan (max ₹25,000) + GST | Up to 30 years | ₹39,066 |
| Canara Bank Home Loan | 7.15% – 10.00% | 0.50% of loan (max ₹10,000) + GST | Up to 30 years | ₹39,216 |
| 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 | ₹39,216 |
| PNB Home Loan | 7.25% – 9.65% | 0.35% of loan (min ₹2,500, max ₹15,000) + GST; waived in some festive campaigns | Up to 30 years | ₹39,519 |
| SBI Home Loan | 7.25% – 8.55% | 0.35% of loan + GST (min ₹5,000, max ₹15,000 per Paisabazaar; BankBazaar shows ₹3,000 – ₹12,000); nil for Privilege and Shaurya | Up to 30 years | ₹39,519 |
| IDBI Bank Home Loan | 7.40% – 11.90% | 0.50% + taxes (aggregator); product page shows ₹2,500 – ₹5,000 + taxes; waived for balance transfer / PMAY | Up to 30 years | ₹39,974 |
| Kotak Mahindra Bank Home Loan | 7.60% onwards | Up to 2% + GST (nil on some online applications) | Up to 20 years (as listed by source) | ₹40,586 |
| HDFC Bank Home Loan | 7.75% – 13.20% | Up to 0.50% of loan, minimum ₹4,000 (aggregator) + GST | Up to 30 years | ₹41,047 |
| PNB Housing Finance Home Loan | 7.90% – 12.00% | Up to 1% + GST | Up to 30 years (NRI up to 15 years) | ₹41,511 |
| Tata Capital Home Loan | 8.00% – 13.00% | Up to 3% + GST (aggregator offer: ₹999 + GST) | Up to 30 years | ₹41,822 |
| Axis Bank Home Loan | 8.20% – 9.10% | Up to 1% of loan or ₹10,000, whichever is higher, + GST (Asha: 1% – 2% + GST) | Up to 30 years | ₹42,446 |
| Bandhan Bank Home Loan | 8.55% – 13.52% | Up to 1% + GST | Up to 30 years | ₹43,550 |
| Sammaan Capital (formerly Indiabulls Housing Finance) Home Loan | 8.75% onwards | 0.50% onwards + charges | Up to 15 years (per source; confirm with lender) | ₹44,186 |
| YES Bank Home Loan | 9.00% – 11.50% | 1.5% + GST or ₹10,000, whichever is higher (BankBazaar); CreditMantri shows 0.5% or ₹10,000 | Up to 35 years | ₹44,986 |
| Truhome Finance (formerly Shriram Housing Finance) Home Loan | 9.50% onwards | As per MITC (aggregator: up to 1.5% + GST) | Up to 25 years | ₹46,607 |
| Piramal Finance Home Loan | 9.99% onwards | Up to 3% + taxes | Up to 30 years | ₹48,218 |
| Aadhar Housing Finance Home Loan | 11.75% – 17.00% | Typically 0.5% – 1% (aggregator: up to ₹3,500 + GST) | Up to 30 years | ₹54,185 |
Frequently asked questions
What is the Truhome Finance (formerly Shriram Housing Finance) Home Loan home loan interest rate?
Truhome home loan rates start at 9.50% p.a. (as of 2026). The rate you get depends on your credit score, income and loan details.
What is the EMI for ₹50,00,000 from Truhome?
At 9.50% for 20 years the EMI is about ₹46,607, with total interest of ₹61,85,574.
What is the processing fee?
Truhome: As per MITC (aggregator: up to 1.5% + GST). GST at 18% applies on fees.
What is the maximum tenure?
Truhome: Up to 25 years.
Can I prepay or foreclose the loan?
Truhome: Nil (per lender).
Is Shriram Housing Finance now Truhome Finance?
Yes. Shriram Housing Finance was renamed Truhome Finance Ltd after its sale to Warburg Pincus. Existing Shriram Housing loans continue under Truhome; your agreement and EMI do not change because of the name change.
Information compiled from the lender’s published rates and reputable aggregators for comparison only. FinancePortal is not affiliated with Truhome Finance (formerly Shriram Housing Finance) Home Loan. Terms change — confirm with the lender.