HR&CE officials inspect Thekkampatti ahead of proposed elephant camp in Coimbatore
Ebola virus screening under way at Coimbatore International Airport
Programmes for passengers, airport staff mark Yatri Suvidha Diwas in Coimbatore
Coimbatore Corporation plans dedicated parking facilities for waste collection fleet
Eight minor boys arrested for pelting Coimbatore-Chennai Vande Bharat Express train with stones
The stone-pelting happened in the Veerapandi area near Salem on May 28.
Coimbatore Range DIG inspects field operation of Singappen force
Boy from Coimbatore rescued at Madurai Railway Junction
Coimbatore Corporation to float tender for operation of Valankulam STP
Coimbatore policeman arrested for aiding prisoners escape; three suspended for negligence
Uneven roads after utility works raise safety concerns in Coimbatore
Commuters point to noticeable bumps on Dr. Krishnasamy Mudaliar Road, Old Post Office Road, Kuniyamuthur Road and Mettupalayam Road, which make travel difficult and dangerous
Police thwart escape bid by undertrial in Coimbatore
iVP Semi planning to set up semiconductor facility in Coimbatore
Enhanced Border Security in Nilgiri Amid Nipah Virus Threat from Kerala
Coimbatore, June 13: The Nilgiri district administration has intensified monitoring at key checkpoints along the Kerala-Tamil Nadu border following reports of a suspected Nipah virus case in the neighboring Kozhikode district. Officials have implemented precautionary measures to prevent the spread of the infection into Tamil Nadu. District Collector Lakshmi Bhavya Tanneru stated that health department ... Read more Enhanced Border Security in Nilgiri Amid Nipah Virus Threat from Kerala
Coimbatore airport eyes 1.16 crore passengers by 2036-37
Passenger traffic at the airport rose from about 13.2 lakh in 2014-15 to 34.2 lakh in 2025-26, registering a growth of around 159% over the past 12 years
Plea to remove obstructions, waste and encroachments from major canals in Coimbatore
Man arrested for growing cannabis near Coimbatore
A new jewellery store in Coimbatore driven by technology and service
With Jewel One opening a flagship storespread across five floors, we speak to founder K Srinivasan about how he built the business from the ground up
Private school teacher in Coimbatore held for sending explicit contents to students
Coimbatore tops Tamil Nadu in higher education enrolment of government school students in 2024-25
The contractor has sought an additional 2 crore to meet the escalated costs, and the request is under review
From zero to 26, estimation shows signs of Nilgiri Tahrs revival in Coimbatore Forest Division
The estimated increase in the population from zero to 26 from 2024 to 2026 indicates either improved population estimation efforts or recolonisation of suitable habitats, says the survey report
Swarga Foundation in Coimbatore launches four differently abled friendly initiatives
Ministers seek strong patronage for Government Exhibition at VOC Grounds, Coimbatore
Singappen Special Force marks its presence in Coimbatore district
Intensive Pulse Polio Immunisation camp in Coimbatore on June 28
Coimbatore farmers advised to cut back on chemical fertiliser use to preserve soil health
Continuous cultivation, along with disproportionate use of nitrogenous fertilisers, leads to nutrient imbalances and a steady deterioration of soil health, officials say
Coimbatore gets ready to face monsoon
Public can report rain-related grievances via corporations WhatsApp helpline number 81900 00200
Home Loan Demand Rises in 2026 as Indian Homebuyers Explore Affordable Financing Options
With the RBI repo rate held at 5.25% in June 2026, home loan rates remain stable, and borrowing up to Rs. 15 crore is within reach for eligible applicants. Review what you qualify for before you choose a lender. Home loan demand rises in 2026 as Indian homebuyers explore affordable financing options More Indian households are actively seeking home loans in 2026, driven by stabilising interest rates, rising incomes, and growing housing demand in Tier 2 and Tier 3 cities. The RBI's Monetary Policy Committee held its repo rate at 5.25% in June 2026, which has helped keep home loan rates of interest relatively stable for borrowers. A home loan today can go up to Rs. 15 crore* with a tenure of up to 32 years*. EMIs can start as low as Rs. 671 per lakh*. But affordability depends on more than just the rate - your income, credit score, existing obligations, and down payment all shape what you can actually borrow. This article walks you through each of these factors so you can make a clear, informed decision. Why is home loan demand rising in 2026? Several factors have come together to make 2026 a particularly active year for home loan applications across India. Stable repo rate : The RBI's MPC voted unanimously to hold the policy repo rate at 5.25% in June 2026. This gives lenders room to maintain current lending rates, and borrowers can plan their finances with more certainty. Improving affordability : With income levels rising in urban and semi-urban areas, monthly EMI payments now represent a smaller share of household income for many buyers than they did three years ago. Growing housing demand : India's urban population continues to expand. Demand for owned homes, not rented ones, has increased, especially among households in the 30-45 age group. First-time buyers entering the market : Many first-time homebuyers who postponed purchases between 2022 and 2024 are now actively looking, supported by better loan products and longer tenures. Tier 2 and Tier 3 city growth : Cities like Lucknow, Coimbatore, Rajkot, and Nagpur are seeing a sharp rise in housing projects and home loan applications. Lower property prices in these markets make entry more accessible, and lenders are expanding their reach into these geographies. How does the home loan rate of interest affect what you can buy? The rate of interest on your home loan directly changes what you pay each month and how much the loan costs you over its full life. Here is how each element is affected. EMI : A lower rate means a smaller monthly payment. On a Rs. 50 lakh loan over 20 years, the difference between 7.25% p.a. and 8.5% p.a. amounts to over Rs. 4,100 per month. Total interest paid : Over 20 years, even a 0.5% difference in rate can add up to several lakhs. Monthly budget impact : A higher rate can push your EMI above what fits your monthly income, forcing you to either reduce the loan amount or extend the tenure. Loan eligibility with the same income : Lenders calculate eligibility partly based on whether your EMI will exceed a set percentage of your monthly income. A lower rate increases your eligible loan amount without requiring a higher income. Tenure choice : When rates are lower, you can comfortably opt for a shorter tenure and save on total interest. When rates are higher, a longer tenure may be the only way to keep the EMI manageable, but that trade-off increases your total borrowing cost. What makes a home loan affordable for you? Rate alone does not determine whether a home loan fits your life. Six factors shape your actual affordability. Income : Lenders typically allow an EMI of up to 40-50% of your net monthly income. A higher income gives you access to a larger loan at any given rate. Existing obligations : If you already have a car loan, personal loan, or credit card debt, these reduce the EMI capacity available for a home loan. Clearing smaller debts before applying can improve your eligible loan amount. Credit score : A CIBIL Score of 725 or above is generally required for home loan approval. Scores above 750 can help you access better rates. A score below 700 can result in rejection or a higher rate of interest. Down payment : Lenders in India fund up to 80% of the property value, as per RBI guidelines. The remaining 20% is your down payment. A larger down payment reduces your loan amount and, consequently, your EMI and total interest. Property value : The market value and location of the property affect how much a lender will sanction. Properties in approved projects often get faster processing. Scenario : Take Richa, 34, a salaried employee in Pune with a CIBIL Score of 760 and a stable monthly income. She earns Rs. 1.20 lakh per month and wants to buy a flat worth Rs. 80 lakh. With a 20% down payment of Rs. 16 lakh, she needs a loan of Rs. 64 lakh. She's comparing two tenure options on a Rs. 50 lakh home loan at 7.50% p.a.: Tenure Interest rate Monthly EMI Total interest paid 20 years 7.50% p.a. Rs. 51,558 Rs. 59.74 lakh 25 years 7.50% p.a. Rs. 47,295 Rs. 77.89 lakh Her EMI for a 20-year tenure is approximately 43% of her monthly income - within a typical lenders threshold. If she extends the tenure to 25 years, the EMI drops to approximately 39.4% of her monthly income, giving her more monthly room. But over 25 years versus 20, she pays Rs. 18.15 lakh more in interest. Richa's decision will depend on whether she is comfortable with her current income absorbing the higher EMI, or whether she'd rather keep her monthly outgo lower and use the freed-up cash for other goals. A CIBIL Score above 725 puts her in a strong position to negotiate better terms. What should you compare before choosing a home loan? It's easy to focus on the rate alone, but the overall cost of a home loan includes fees, penalties, and conditions that vary significantly across lenders. Factor Why it matters Home loan rate of interest Determines your EMI and total repayment cost over the full tenure Processing fee A one-time charge of up to 4% of the loan amount can add significantly to your upfront cost Foreclosure rules Individual borrowers on floating rates can foreclose at nil charges; fixed-rate borrowers may face up to 4% of the outstanding principal Tenure Longer tenures reduce EMI but increase total interest; choose based on your repayment capacity Top-up availability A top-up loan lets you borrow additional funds against your existing loan, often at home loan rates Balance transfer option Transferring your loan to a lender offering a lower rate can reduce future interest outgo Reviewing all six before you apply can save you a significant amount over the loan term. What financing options are available today? If you are looking to buy a home, refinance an existing loan, or access additional funds, there are three structured options from Bajaj Finance worth knowing about. Loan type Key purpose Fresh home loan Buying a new or resale property Balance transfer Moving an existing loan to benefit from a lower rate Top-up loan Accessing additional funds over your existing loan Bajaj Finance offers home loans of up to Rs. 15 crore*, with tenures extending to 32 years* and approval in 48 hours* of application. A top-up loan of up to Rs. 1 crore* is available for balance transfer customers, usable for home repairs, medical expenses, or other needs. Interest rates for salaried applicants starting at 7.25%* p.a. There's no foreclosure charge for individual borrowers who choose a floating interest rate, which is a meaningful saving if you plan to repay early. Who can apply? Check these criteria before you apply. Meeting them clearly improves your chances of approval and can reduce processing time. Parameter Requirement Nationality Indian citizen residing in India Age - salaried 23 to 67 years (salaried) 23 to 70 years (self-employed) CIBIL Score 725 or above Eligible occupations Salaried employees, professionals, and self-employed individuals Documents required KYC documents Income proof (salary slips/ P&L statements) Business proof (self-employed applicants only) Bank statements for the last 6 months Property documents (sale agreement, title deed, approved plan) How to apply for your Bajaj Finance Home Loan online Click on the 'APPLY' button on the Bajaj Finance home loan page. Enter your full name, mobile number, and employment type. Select the type of loan you wish to apply for: fresh, balance transfer, or top-up. Generate and submit your OTP to verify your phone number. After OTP verification, enter your monthly income, required loan amount, and confirm whether you've identified the property. Enter your date of birth, PAN, and other details as requested based on your occupation type. Click 'SUBMIT.' A Bajaj Finance representative will contact you and guide you through the next steps. Is now a reasonable time to apply? Affordability in 2026 is not just about finding the lowest home loan rate of interest - it depends equally on your tenure choice, total borrowing cost, credit profile, and down payment. Before you apply, compare processing fees and foreclosure terms alongside the rate, and calculate total interest across different tenures. Review your eligibility criteria to avoid unnecessary credit enquiries. If you are ready to take the next step, the Bajaj Finance Home Loan offers amounts up to Rs. 15 crore*, tenure of up to 32 years*, and approval within 48 hours* - check your eligibility and apply online today.
Desilting completed along 3.5-km stretch of sewage-carrying stream in Coimbatore
Emergency Credit Line Guarantee Scheme outreach programme held in Coimbatore
Murder on Coimbatore combined court premises remains unsolved
Coimbatore Corporation accused of raising four half-yearly property tax demands a year
Under the property tax system, only two half-yearly demands are to be raised in a financial year
Tamil Nadu weather update: Heavy rain likely in 10 districts till June 12
Dharmapuri, Salem, Erode, Nilgiris, Coimbatore, Tiruppur, Dindigul, Theni, Kanyakumari and western ghats of Tirunelveli districts will receive rains till June 12, the latest bulletin from the Regional Meteorological Centre said
BJP Criticizes Arrest of YouTuber Maridhas, Calls It an Attack on Free Speech
Chennai, June 8: The arrest of YouTuber Maridhas has sparked intense political debate in Tamil Nadu. The Bharatiya Janata Party (BJP) has strongly condemned this action, labeling it an assault on freedom of expression. Vanathi Srinivasan, the national president of the BJPs womens wing and a former MLA from Coimbatore South, denounced Maridhass arrest on ... Read more BJP Criticizes Arrest of YouTuber Maridhas, Calls It an Attack on Free Speech
Food safety officials have summoned the management of a food outlet for an inquiry after live worms were discovered in a burger. A viral video prompted an inspection, during which the management reportedly denied the incident. They are now required to present surveillance footage from the day of the alleged occurrence.
Coimbatore girl chosen as Junior Ambassador for Asia-Pacific Childrens Convention 2026 in Japan
FSSAI serves notice to restaurant in Coimbatore after videos of worms in burger surface
Regional NSO training camp for field staff to begin in Coimbatore on June 9
Coimbatore Corporation yet to submit lake-wise restoration and maintenance details sought by NGT
India Post to conduct Dak Adalat in Coimbatore on June 16
Coimbatore District Museum seeks additional space at Semmozhi Poonga to display more artefacts
80% of government school Class XII graduates in Coimbatore secure higher education admissions
College student robbed of cash, chain in Coimbatore
Three arrested with 43 kg of ganja in Coimbatore
Coimbatore steps up monsoon preparedness
Officials were instructed to keep equipment such as excavators, power saws and sandbags ready for immediate deployment to clear fallen trees, landslides and road blockages
No major impact for BJP because of Annamalais exit: BJP Coimbatore district president
Footpath encroachments force pedestrians onto busy roads in Gandhipuram
Gandhipuram is one of Coimbatores busiest transport and commercial hubs, but footpaths on thoroughfares like Dr. Nanjappa Road and Cross Cut Road are often occupied by street vendors, shop displays and parked vehicles
Minister V. Sampath Kumar conducts surprise inspection at social justice hostels in Coimbatore
Minister inspects hostels run for both boys and girls, enquires about students welfare and the facilities available to them
717 Tasmac liquor shops closed across Tamil Nadu
The highest number of shops were closed in the Madurai region with 290, followed by the Coimbatore region with 179
Afforestation drives, other activities mark World Environment Day in Coimbatore
Pillion rider of two-wheeler taxi dies in accident near Coimbatore
Consumer body flags planning approval concerns in Coimbatore bus stand projects
Coimbatore Corporation fines company, warns against unauthorised advertisements
Commercial Taxes Department officials in Coimbatore assure support to micro industries
Bars, clubs in Coimbatore told to comply with norms
'End cult and dynastic politics': K Annamalai announces new 'political movement' after resigning
Former BJP leader K Annamalai has launched a new political movement, the APJ Abdul Kalam Centre for Ethics and Politics, based in Coimbatore. He announced his intention to contest future Assembly elections and stressed the need for systemic political reform, aiming to end 'cult politics' and dynastic rule.
New academic year begins with special welcome for students in Coimbatore
Rajasthan native held for missing youths murder in Coimbatore
Industry heads from Coimbatore and Tiruppur districts meet Chief Minister Vijay
Woman, two accomplices arrested for robbing businessman near Coimbatore
Land acquisition to improve Vilankurichi Road S bend in Coimbatore gets approval
Project requires 39.73 cents of land and entails the removal of 22 houses located along proposed alignment; corporation allocates 50 lakh to build a traffic island, taking total project cost to 6.54 crore
Man held with 268 kg of gutkha near Coimbatore
1,332 RTE seats remain vacant in private schools in Coimbatore
Parents say the one-km distance rule is a major reason for the large number of vacant seats; Andhra Pradesh, Telangana and Maharashtra allow admissions from a wider radius of 2-3 km when seats remain vacant
Perilous crossings continue as Coimbatores pelican signals stand idle
At pelican signals, people can press buttons provided on poles on both sides of the road to operate a red signal and halt the traffic
Dak Adalat in Coimbatore on June 16
Southwest monsoon sets in Coimbatore
Heavy Rain Alert in 16 Districts of Tamil Nadu Disrupts Daily Life
Chennai, June 3: The Indian Meteorological Department (IMD) has issued a heavy rain warning for 16 districts in Tamil Nadu for Wednesday and Thursday. Several areas in the state are already experiencing intense rainfall, leading to flooding, power outages, property damage, and injuries. According to the weather department, districts such as Coimbatore, Nilgiris, Theni, Tiruppur, ... Read more Heavy Rain Alert in 16 Districts of Tamil Nadu Disrupts Daily Life
New IBD clinic opened at hospital in Coimbatore
Grievances redress meeting held in Coimbatore
MSME awareness programme to be held in Coimbatore on June 5
Coimbatore City Police conduct surprise checks against narcotics, gutkha
No, Vijay Didn't Suspend Cops Seen Laughing Amid Coimbatore Rape-Murder Presser
No official notification regarding the suspension of the three IPS officers was found in the public domain.
Coimbatore Slashes Maternal & Infant Mortality Rates with Innovative Health Surveillance
Coimbatore City Municipal Corporation is implementing a rigorous phone-based surveillance system to track pregnant women, ensuring all antenatal visits and tests are completed. This proactive approach, coupled with extended postpartum monitoring and a 24/7 helpline, is credited with significantly reducing maternal and infant mortality rates in the district.
Products of PSG Products Expo to be held in Coimbatore from December 9
All 40 hairpin bends of Valparai ghat section under watch of Coimbatore District Police
Each hairpin bend has two cameras, facing ascending and descending vehicles. The police can monitor the movement of vehicles and detect traffic blocks or accidents to take swift action
Coimbatore farmers seek comprehensive waiver of cooperative crop loans
Speculations Rise Over K. Annamalais Political Future Ahead of Meeting with BJP President
Coimbatore, June 1: Speculations regarding the political future of K. Annamalai, former president of the Tamil Nadu BJP, are intensifying. Large posters put up by his supporters in Coimbatore are fueling rumors that he may be preparing for a significant political move, possibly establishing a new political platform. These posters, featuring slogans like Our Leader, ... Read more Speculations Rise Over K. Annamalais Political Future Ahead of Meeting with BJP President
Missing youth found dead in drainage in Coimbatore
'Will talk in 2 days': BJP leader K Annamalai on speculation over new party in Tamil Nadu
Former Tamil Nadu BJP president K Annamalai has fueled speculation about his political future by traveling to Delhi and offering a cryptic Please wait when asked about reports of launching a new party. This comes amid posters from supporters in Coimbatore calling for him to lead, amplifying discussions about his next move after the 2026 assembly elections.
BJP leader Annamalai posters fuel speculation over new political outfit in Tamil Nadu
Giant posters in Coimbatore suggest K Annamalai may launch a new political movement. Supporters are calling for his leadership. This follows speculation about differences with the BJP. Annamalai's political future is a topic of discussion. He has been a prominent BJP face in Tamil Nadu. His next move remains unclear.
DMK Launches Program to Engage Gen-Z Voters in Tamil Nadu
Chennai, June 1: The Dravida Munnetra Kazhagam (DMK) is gearing up to launch a program aimed at increasing political awareness and encouraging greater participation among young voters. Supporters and social media volunteers will focus on reaching out to Generation Z. The initiative will roll out in phases across districts such as Pudukkottai, Coimbatore, Tiruchi, and ... Read more DMK Launches Program to Engage Gen-Z Voters in Tamil Nadu
Three arrested with over 20 grams of methamphetamine in Coimbatore
