Can I Get a 90% Home Loan? Eligibility, Benefits, and What to Consider

Last updated: October 2026

A 90 percent home loan is possible only when the loan is Rs. 30 lakh or less. The Reserve Bank of India (RBI) sets the loan-to-value (LTV) cap by loan size, not by lender.

• Loan up to Rs. 30 lakh: LTV up to 90%, so the down payment is at least 10%
• Loan above Rs. 30 lakh, up to Rs. 75 lakh: LTV up to 80%
• Loan above Rs. 75 lakh: LTV up to 75%
• Largest property funded at 90%: Rs. 33.33 lakh, since 90% of it is Rs. 30 lakh
• Bajaj Finance range: 75% to 90% of property value, depending on the price

Check which slab your loan falls in before you shortlist a flat. A Rs. 50 lakh flat gets at most Rs. 40 lakh, not Rs. 45 lakh.

Yes, if your loan is Rs. 30 lakh or less. Above that size, the limit falls to 80% and then to 75%. The RBI set these caps in its circular of 8 October 2015.

Bajaj Finance finances 75% to 90% of the property value, depending on the price, and does not give a 100% loan. Your eligibility still depends on income, age, existing EMIs and credit score. The cap is a ceiling, not a promise.

The cap depends on the size of the loan. The table shows each slab and the smallest down payment it allows.

Last reviewed: October 2026

Stamp duty and registration charges fall outside the property value used for the ratio, so you pay them from your own funds. A guide by Grihashakti notes an exception for homes up to Rs. 10 lakh, where these costs can be included.

Use the table to find the largest loan. It follows the slabs above.

In this section: between Rs. 33.33 lakh and Rs. 37.5 lakh, the largest loan stays at Rs. 30 lakh. A loan of Rs. 31 lakh would fall into the 80% slab and need a larger down payment.

A larger loan raises the instalment, so check your income, not only the slab.

Formula used: EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), at 8.50% per annum for 20 years. The rate is illustrative, not a quote.

The extra Rs. 2 lakh of loan adds Rs. 1,736 a month and Rs. 2.2 lakh of interest. Use the home loan EMI calculator for your own figures.

You cannot raise the cap, but 4 steps reduce the cash you need.

1. Choose a flat priced at or below Rs. 33.33 lakh, so a loan of Rs. 30 lakh funds 90%.
2. Add a co-applicant. This raises your eligibility, but not the LTV cap.
3. Check a government subsidy, as the guide to a home loan on 55,000 salary explains.
4. Save for the difference, instead of a personal loan, which adds an EMI and lowers your eligibility.

Do not split one purchase into two loans to get around the slabs.

If you're wondering "Can I get a 90 percent home loan?", these tips can genuinely improve your chances:

• Improve your credit score: Pay off outstanding debts and make timely payments to improve your score
• Save for a larger down payment: Even if a 90% loan is available, saving for a larger down payment can reduce your loan amount and EMI, potentially also improving your interest rate offer
• Choose a co-applicant: Adding a co-applicant with a stable income and good credit score can enhance your eligibility for a 90% home loan

Consider Isha, a 29-year-old accountant in Nagpur with a net income of Rs. 62,000 a month and a CIBIL score of 741, buying a Rs. 35 lakh flat.

Isha does not get a 90 percent home loan, because 90% of Rs. 35 lakh is Rs. 31.5 lakh. She gets Rs. 30 lakh, which stays inside the first slab.

Bajaj Finance offers home loans with the terms below, subject to credit assessment. The share it funds follows the RBI slabs and its own policy.

Last reviewed: October 2026

Approval timelines can extend where the valuation differs from the agreement price, and minimum income thresholds can differ by city. Check your Home Loan Eligibility and read home loan fees and charges.