Reverse mortgage loans

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5 products

Product and bank⇅	Interest rate⇅	Benchmark⇅ Filter Benchmark EEBLR1RRLLR1RRepo rate linked1~Floating rate1 Matches any selected option	Maximum finance⇅ Filter Maximum finance ₹₹25 lakh–₹1 crore1	Maximum tenure⇅ Filter Maximum tenure ◷Up to 1 year2◷1–5 years3◷Above 10 years2	Minimum income⇅	Processing fee⇅ Filter Processing fee %Percentage-based fee4₹Flat rupee fee4⌃Fee has a maximum cap4+GST / tax additional2YAnnual / recurring fee1 Matches any selected option	Prepayment / closure⇅ Filter Prepayment / closure 0No penalty / charge1
Baroda Ashray (Reverse Mortgage Loan)Bank of Baroda	BRLLR + SP + 2.35% the official page's 0.00% widget is not treated as an effective rate.	BRLLR + SP + 2	Up to ₹1 crore including interest over the loan tenure, subject to the property's value.	15 years the tenure may be extended until the borrowers' survival subject to advance property value.	Not published and not used as a stated entry threshold on this page. Eligibility is based on Indian senior-citizen age, primary-residence ownership and property security the page gives no salary or annual-income requirement.	0.20% of the loan amount, with an upfront minimum of ₹8,500 and a maximum of ₹10,000 applicable GST is extra.	For a fixed-rate Baroda Ashray loan, 1% plus GST is charged on the amount outstanding at prepayment. The product page separately describes settlement when the last surviving borrower dies, sells the home or permanently moves out.
Star Reverse Mortgage LoanBank of India	RBLR + 2.60%, presently 10.70% p.a.	RBLR plus 2.60% current rate sheet shows 10.70% p.a. present rate.	Minimum loan ₹5 lakh and maximum loan ₹50 lakh. Property-value margin is 35% to 55% depending on borrower age.	Up to 180 months.	No monthly-income, gross-income or pension-as-only-source condition is required the page explicitly says there is no such income criterion.	0.25% of sanctioned limit, minimum ₹1,500 and maximum ₹10,000. Valuation and advocate fees are borne by the borrower annual service charge is 0.25% of outstanding/recoverable loan at annual review.	No prepayment penalty is published.
Reverse MortgageIndian Bank	9.40% p.a. floating for Reverse Mortgage Loan in Indian Bank's current personal-segment rate table dated 14 August 2026.	The current Reverse Mortgage rate row is labelled floating but does not identify a named benchmark or spread.	Maximum loan amount ₹75 lakh. A medical-expense lump sum can be up to 20% of eligible loan amount, capped at ₹15 lakh the balance is paid as monthly annuity.	Up to 15 years, with provision to roll over after revaluation on fresh terms.	No income threshold is published the product is assessed against the senior homeowner's eligible property value and reverse-mortgage conditions.	0.30% of the loan limit under the current Indian Bank retail processing-fee schedule.	Prepayment is available without pre-payment charges.
PNB Baghban Reverse MortgagePunjab National Bank	Floating RLLR+BSP+2.75%, presently 10.85% p.a. fixed ROI 11.85% under the current PNB Baghban rate row.	RLLR + BSP + 2.75% under the current PNB rate table.	Maximum qualifying loan, including interest, ₹1 crore a medical-treatment lump sum is permitted up to ₹15 lakh.	The published reverse-annuity chart covers 10 to 20-year tenors monthly payment continues for the chosen period or until the death of the last surviving spouse, whichever is earlier.	Not applicable the reverse-mortgage page qualifies applicants by age, residency, property ownership and title rather than a salary or income floor.	Half a month's loan instalment, capped at ₹15,000 the current charge schedule lists this for reverse mortgage loans.	The borrower may pre-pay at any time during the loan or later the reviewed official page does not publish a separate rupee prepayment fee.
SBI Reverse Mortgage LoanState Bank of India	SBI directs applicants to the live Home Loan card-rate page no separate numeric reverse-mortgage rate is published on this product page.	SBI home and home-related loan pricing is benchmark-linked to the repo/External Benchmark Lending Rate. The current EBLR reference is 7.90% + CRP + BSP (effective 15 December 2025) the borrower- and product-specific CRP/BSP is set under SBI's current card-rate terms. SBI's home-loan portal also states that a change in the benchmark repo rate changes the account interest rate.	Up to ₹2 crore in specified major municipal-corporation areas and ₹1.5 crore at other centres	10–20 years, depending on the borrowers' age	Not published as a rupee income threshold reverse mortgage eligibility is based on senior age and an eligible residential property, not a stated salary or annual-income floor.	Reverse Mortgage loan: 0.35% of the loan amount, minimum ₹3,000 and maximum ₹12,000, plus GST.	No pre-payment penalty

Green marks the most favourable compatible published number or range in each column; incomparable units and overlapping range trade-offs remain neutral. It does not account for eligibility, service, exclusions or personal suitability.