Home Loan on 15 LPA Salary in Bangalore: 2026 Limits

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Key takeaways

On a ₹15 lakh a year salary with no other loans, most lenders will let your EMI take up to about half of your take-home pay.

That supports a home loan of roughly ₹65 lakh over 20 years, or about ₹75 lakh over 30 years, at an 8% rate.
With the 20% down payment the RBI requires at that loan size, the flat you can buy is about ₹80 lakh.
On top of that you pay roughly 7.6% for stamp duty and registration in Karnataka.

By the numbers

₹65 LLoan over 20 yearsAt 8%

₹75 LLoan over 30 yearsAt 8%

₹80 LFlat you can buyWith 20% down

Source · Lender norms and RBI loan-to-value rules; our worked example

Below is the same maths for ₹10, 20, 30 and 50 LPA, the rules banks actually apply, the cash you need on day one, and what each budget buys in different parts of Bangalore. Every number uses rates and rules we checked on 17 October 2026.

How do banks decide how much home loan I can get?

Two limits decide your loan, and the lower one wins.

Income limit (FOIR). FOIR is the share of your monthly income that goes to fixed obligations, including the new home loan EMI. L&T Finance says lenders generally accept a FOIR of 40% to 60% depending on income and loan size, and that above 60% loans get delayed or rejected. Each bank sets its own cap, and some measure it on gross income, others on net pay.
Property limit (LTV). The RBI caps how much of the property value a bank can lend: 90% for loans up to ₹20 lakh, 80% for loans above ₹20 lakh and up to ₹75 lakh, and 75% for loans above ₹75 lakh. Stamp duty and registration cannot be counted in the property cost, so you pay them yourself.
Profile. Bajaj Housing Finance lists a credit score of 750 or above as preferred, salaried applicants aged roughly 23 to 67 at loan maturity, and notes that lenders often exclude allowances such as HRA, LTA and medical allowance when assessing salary.

Age matters more than people expect. A 30-year tenure is only possible if the loan ends before the lender's maximum age, so a 40-year-old will usually be offered 20 to 25 years, which shrinks the loan. Existing EMIs (car, personal loan, credit card) come straight off your EMI capacity. Our wider explainer on these ratios is at LTV Ratio and FOIR: How Much Home Loan You Will Really Get in 2026.

What home loan rate should I assume in October 2026?

The RBI raised the repo rate by 0.25% to 5.50% on 7 October 2026. Banks have started passing it on. On 17 October 2026, SBI's home loan page showed rates from 7.50% a year, effective 15 October 2026. HDFC Bank showed repo plus 2.50% to 7.95%, which it states as 8.00% to 13.45% with the repo at 5.50%.

We use 8.00% for the tables below. That is HDFC Bank's floor and a little above SBI's, which is realistic for a salaried borrower with a good credit score. If your rate is 0.5% higher, the loan you qualify for falls by roughly 3% to 4%. What the hike does to existing EMIs is covered in Home Loan EMI After the RBI Hike (2026): ₹50 Lakh, ₹1 Crore, ₹2 Crore.

How much home loan on 10, 15, 20, 30 and 50 LPA?

Method. We estimate take-home pay from CTC using the new tax regime for tax year 2026-27 (₹75,000 standard deduction, rebate up to ₹12 lakh of taxable income, 4% cess), assume basic pay is half of CTC, deduct 12% employee PF on basic, and ignore variable pay and professional tax. Then we let the EMI use 50% of take-home pay, with no other loans, at 8.00%. Your payslip figure always beats our estimate.

Worked example for ₹15 LPA: taxable income ₹15,00,000 − ₹75,000 = ₹14,25,000. Tax = 5% of ₹4 lakh (₹20,000) + 10% of ₹4 lakh (₹40,000) + 15% of ₹2.25 lakh (₹33,750) = ₹93,750, plus 4% cess = ₹97,500. PF = 12% of ₹7.5 lakh = ₹90,000. Take-home = (₹15,00,000 − ₹97,500 − ₹90,000) ÷ 12 = ₹1,09,375 a month. Half of that is ₹54,690 of EMI. At 8% for 20 years, each ₹1 lakh of loan costs about ₹836 a month, so ₹54,690 supports about ₹65.4 lakh.

₹10 LPA: take-home about ₹78,330 a month; EMI room ₹39,170; loan about ₹46.8 lakh (20 years) or ₹53.4 lakh (30 years).
₹15 LPA: take-home about ₹1,09,380; EMI room ₹54,690; loan about ₹65.4 lakh (20 years) or ₹74.5 lakh (30 years).
₹20 LPA: take-home about ₹1,40,630; EMI room ₹70,320; loan about ₹84.1 lakh (20 years) or ₹95.8 lakh (30 years).
₹30 LPA: take-home about ₹1,95,350; EMI room ₹97,680; loan about ₹1.17 crore (20 years) or ₹1.33 crore (30 years).
₹50 LPA: take-home about ₹3,00,020; EMI room ₹1,50,010; loan about ₹1.79 crore (20 years) or ₹2.04 crore (30 years).

These are ceilings, not targets. If you keep the EMI to 35% of take-home pay, which leaves room for rent overlap, school fees and a rate rise, the 20-year loan drops to about ₹32.8 lakh on ₹10 LPA, ₹45.8 lakh on ₹15 LPA, ₹58.8 lakh on ₹20 LPA, ₹81.7 lakh on ₹30 LPA and ₹1.26 crore on ₹50 LPA. A co-applicant spouse with their own income lifts both limits.

What flat price does that loan buy, and how much cash do I need?

Divide the loan by the LTV to get the highest property price the bank will fund. Then add your own costs. Karnataka charges 5% stamp duty above ₹45 lakh, plus a cess of about 10% of the duty and a small surcharge, and a 2% registration fee since 31 August 2025. Together that is roughly 7.6% of the property value. Under-construction flats also carry 5% GST (1% for homes up to ₹45 lakh with carpet area up to 60 sq m in metros); ready flats with an occupancy certificate carry none.

₹10 LPA: loan ₹46.8 lakh ÷ 0.80 = flat up to about ₹58.5 lakh. Cash: ₹11.7 lakh down payment + ₹4.4 lakh stamp duty and registration = ₹16.1 lakh, plus about ₹2.9 lakh GST if under construction.
₹15 LPA: ₹65.4 lakh ÷ 0.80 = about ₹81.8 lakh. Cash: ₹16.3 lakh + ₹6.2 lakh = ₹22.6 lakh, plus about ₹4.1 lakh GST if under construction.
₹20 LPA: ₹84.1 lakh ÷ 0.75 = about ₹1.12 crore. Cash: ₹28.0 lakh + ₹8.5 lakh = ₹36.6 lakh, plus about ₹5.6 lakh GST if under construction.
₹30 LPA: ₹1.17 crore ÷ 0.75 = about ₹1.56 crore. Cash: ₹38.9 lakh + ₹11.8 lakh = ₹50.8 lakh, plus about ₹7.8 lakh GST if under construction.
₹50 LPA: ₹1.79 crore ÷ 0.75 = about ₹2.39 crore. Cash: ₹59.8 lakh + ₹18.2 lakh = ₹77.9 lakh, plus about ₹12.0 lakh GST if under construction.

Notice the jump at ₹20 LPA. Once the loan crosses ₹75 lakh, the bank funds only 75%, so your down payment rises from 20% to 25% of the price. In practice, the cash for the down payment and registration is what limits most Bangalore buyers, not the EMI. Our full breakdown of Karnataka duty is at Karnataka Stamp Duty and Registration Fee in 2026: What a Bengaluru Flat Really Costs.

What does each budget buy in Bangalore?

ANAROCK's Q2 2026 report puts Bengaluru's average quoted base price at ₹9,450 per sq ft. For key micro-markets it lists ₹7,450 in Electronic City, ₹8,040 on Mysore Road, ₹10,300 on Thanisandra Main Road, ₹10,850 in Whitefield and ₹11,560 on Sarjapur Road, all on super built-up area. Base price excludes parking, club, floor-rise and GST, so the real all-in area you get is smaller than this arithmetic.

About ₹58 lakh (₹10 LPA): about 785 sq ft in Electronic City or 730 sq ft on Mysore Road. That is a compact 1 BHK or small 2 BHK on the city edge. Start with Under 75 Lakh, Bangalore.
About ₹82 lakh (₹15 LPA): about 1,100 sq ft in Electronic City, 1,000 sq ft on Mysore Road, or 790 sq ft near Thanisandra. A full 2 BHK on the periphery or a compact one closer in. See 2 BHK Under 1 Crore, Bangalore.
About ₹1.12 crore (₹20 LPA): about 1,090 sq ft near Thanisandra, 1,030 sq ft in Whitefield or 970 sq ft on Sarjapur Road. A 2 BHK in the established IT corridors.
About ₹1.56 crore (₹30 LPA): about 1,435 sq ft in Whitefield or 1,350 sq ft on Sarjapur Road, which is 3 BHK territory. See 3 BHK Under 2 Crore, Bangalore.
About ₹2.39 crore (₹50 LPA): above 2,000 sq ft in Whitefield or on Sarjapur Road, or a smaller home in a central area.

For real starting points, the project pages on our site currently list Provident Capella in Whitefield from ₹52 lakh (Provident Capella Soukya Road Whitefield) and Godrej Regent Park on Sarjapur Road from ₹1.26 crore (Godrej Regent Park Sarjapur Road). These are developers' asking prices for the smallest unit; check the current price list and the all-in cost before you compare.

How can I get a bigger home loan, or a safer one?

Clear small loans first. A ₹15,000 car EMI cuts your loan capacity by about ₹18 lakh at 8% over 20 years.
Add a co-applicant with income. Most banks combine incomes for eligibility; joint ownership also doubles some tax benefits under the old regime.
Fix your credit score before you apply. Our step-by-step guide is How to Improve Your CIBIL Score Before a Home Loan.
Compare three sanction letters. HDFC Bank's published range alone runs from 8.00% to 13.45%, so your profile moves your rate more than the headline.
Keep six months of EMIs as a buffer. Floating rates just rose, and they can rise again.
Do not stretch tenure to 30 years just to qualify. It raises the loan by about 14% but adds ten years of interest.

Sources & method

Compiled 17 October 2026. Take-home pay is our estimate from CTC using the new-regime slabs for tax year 2026-27 (nil to ₹4 lakh, then 5%, 10%, 15%, 20%, 25% and 30% in ₹4 lakh steps above that), the ₹75,000 standard deduction, the rebate for income up to ₹12 lakh and 4% cess, with basic pay assumed at 50% of CTC and employee PF at 12% of basic. Loans use the reducing-balance formula at 8.00% with monthly rests and EMI at 50% (or 35%) of take-home pay, rounded. Stamp duty, registration and cess are taken as 7.6% of value; check your exact figure on the Kaveri duty calculator. ANAROCK prices are quoted base prices on super built-up area. Project prices are developer asking prices shown on Property Point pages on 17 October 2026. This is general information, not financial advice.

1RBI, Monetary Policy Statement, 5 to 7 October 2026 (repo raised to 5.50%) rbi.org.in ↗
2SBI, Home loan interest rates (7.50% onwards, w.e.f. 15 October 2026) sbi.bank.in ↗
3HDFC Bank, Home loan interest rates (repo + 2.50% to 7.95%) homeloans.hdfc.bank.in ↗
4RBI, Master Circular on Housing Finance (LTV limits, stamp duty excluded) rbi.org.in ↗
5L&T Finance, What is FOIR (40% to 60% range) ltfinance.com ↗
6Bajaj Housing Finance, How much home loan can I get based on salary bajajhousingfinance.in ↗
7Bhatt & Joshi Associates, Union Budget 2026-27 income tax changes (slabs, rebate, standard deduction) bhattandjoshiassociates.com ↗
8TaxHeal, Income tax slabs (new and old regime, 4% cess) taxheal.com ↗
9ANAROCK, Bengaluru Residential Market Viewpoints Q2 2026 websitemedia.anarock.com ↗
10HomeFirst, Stamp duty and registration charges in Karnataka (June 2026) homefirstindia.com ↗
11KS&K, Karnataka doubles property registration fee (effective 31 August 2025) ksandk.com ↗
12HomeFirst, GST on under-construction property (June 2026) homefirstindia.com ↗

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Questions, answered

How much home loan can I get on a 15 LPA salary in Bangalore?

With no other EMIs, about ₹65 lakh over 20 years or ₹75 lakh over 30 years at 8%, if the lender allows the EMI to use half your take-home pay (about ₹1.09 lakh a month on our estimate). That funds a flat of roughly ₹80 lakh with a 20% down payment.

What FOIR do banks allow for a home loan?

There is no RBI-fixed FOIR. Lenders generally accept 40% to 60% of income for all fixed obligations, including the new EMI, depending on income level and loan size. Higher earners usually get the upper end.

How much down payment do I need for a flat in Bangalore?

At least 20% of the price for loans between ₹20 lakh and ₹75 lakh, and 25% for loans above ₹75 lakh, under RBI LTV rules. Add about 7.6% for Karnataka stamp duty, cess and registration, and 5% GST if the flat is under construction.

What is the home loan interest rate in October 2026?

After the RBI's hike to 5.50% on 7 October 2026, SBI showed rates from 7.50% (effective 15 October) and HDFC Bank 8.00% to 13.45% when we checked on 17 October 2026. Your rate depends on your credit score and profile.

Is a 30-year home loan a good idea to buy a bigger flat?

It raises the loan you qualify for by about 14% at 8%, but you pay interest for ten more years and lenders cap tenure by your age at maturity. Use it for headroom, then prepay when your income rises.

Can my spouse's income increase my home loan eligibility?

Yes. Most lenders combine the incomes of co-applicants for eligibility. If the spouse is also a co-owner, each can claim tax deductions on their share of the loan under the old regime.

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