Start with your credit profile
Lenders price risk. A CIBIL score above 780 typically unlocks the best published rate, while a score in the low 700s can cost you 25–60 basis points on the same loan.
Pull your report at least three months before applying, close dormant cards with high limits you never use, and clear any settled or written-off entries — those hurt far more than a slightly high utilisation.
Compare on APR, not on the headline rate
Processing fees, legal and technical charges, insurance bundling and MODT costs all sit outside the advertised interest rate. Two lenders quoting 8.45% can be 20 basis points apart once you fold in fees.
Ask every lender for a full amortisation schedule and a written fee sheet before you sign anything.
Use the levers most borrowers forget
Adding a woman co-applicant usually earns a concession. So does a salary account relationship with the lender, a lower loan-to-value ratio, and choosing an external-benchmark linked rate over an MCLR-linked one.
If you already have a loan above 8.9%, a balance transfer today is often worth several lakhs over the remaining tenure.
How Suvaha helps
We run your profile past 40+ lender programs and negotiate on your behalf, then handle the documentation end to end. You see every offer side by side before you commit.
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