🇮🇳 India

Suryoday Small Finance Bank Last updated2026-05-28

Suryoday Small Finance Bank EMI Calculator 2026 rates.

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Quick answer

Suryoday Small Finance Bank home loan rate starts at 9.45% (typical 10.2%) as of 2026. A ₹50 lakh loan at 10.2% over 20 years = an EMI of approximately ₹48,915/month.

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EMI Calculator

Live

Loan Amount

₹

₹25.00 L

Interest Rate (p.a.)

Tenure (years)

Monthly EMI

₹21,696

/month

Total Interest

₹27.07 L

52% of total

Total Payable

₹52.07 L

over 20 years

Principal vs Interest Split

48% principal

52% interest

✨ Live · For home, personal, auto, education loans · Excludes processing fees

📊 Current rates

Suryoday Small Finance Bank loan rates (May 2026)

🏠 Home Loan

9.45–12.5%

typical: 10.2% p.a.

💵 Personal Loan

12–22.5%

typical: 14.5% p.a.

🚗 Car Loan

9.85–13.5%

typical: 10.85% p.a.

💳 Processing Fee

1-2% of loan amount (min ₹5,000) for home loans.

🔁 Prepayment

Zero on floating-rate retail home loans post-12 EMIs.

About Suryoday Small Finance Bank

Why choose Suryoday Small Finance Bank?

Suryoday Small Finance Bank, headquartered in Navi Mumbai, started as Suryoday Microfinance (since 2009) and became an SFB in 2017. The bank operates about 660 banking touchpoints concentrated in Maharashtra (especially Mumbai metro tier-2 areas), Tamil Nadu, Karnataka, and Odisha. Total advances around ₹9,500 crore. Suryoday listed on BSE/NSE in March 2021 — one of the earlier SFB listings.

🎯 Unique angle

Suryoday has distinctive Maharashtra concentration for an SFB — most peer SFBs (AU, Equitas, Ujjivan, Jana) are headquartered outside Maharashtra. For Mumbai metro tier-2 zones (Navi Mumbai outer, Kalyan, Dombivli, Panvel, Karjat) and broader Maharashtra tier-3 markets, Suryoday offers SFB-style flexible underwriting with rate-competitive pricing for self-employed and MSME-linked customers.

Product highlights

✓ Suryoday Home Loan: 9.45-10.85% with PMAY-CLSS handling
✓ Suryoday Affordable Housing Loan: tier-2/3 Maharashtra focus
✓ Suryoday MFI-Graduate Home Loan: legacy MFI customer pathway
✓ Suryoday Two-Wheeler Loan: rural Maharashtra and Tamil Nadu
✓ Suryoday Personal Loan: digital-first for existing customers

❓ Suryoday Small Finance Bank FAQ

Common questions.

Suryoday SFB for Navi Mumbai / Panvel / Karjat home loan?

Yes — Suryoday is one of the few SFBs with meaningful Mumbai metro presence (headquartered in Navi Mumbai). For Navi Mumbai outer (Panvel, Karjat, Khopoli, Kalyan, Ulhasnagar) home loan buyers — particularly self-employed customers, gig workers, and MSME-linked households — Suryoday offers flexible underwriting plus rate competitiveness vs commercial private banks for the affordable segment. Combined with Maharashtra's 5-6% stamp duty and PMAY-CLSS handling, Suryoday is a viable option for the Mumbai metro affordable tier.

Suryoday SFB vs Equitas vs Ujjivan — who is better?

Equitas dominates Tamil Nadu, Ujjivan is nationally distributed, AU is largest with North/West concentration plus Karnataka/AP via Fincare. Suryoday has distinctive Maharashtra presence — particularly Mumbai metro tier-2 areas and broader Maharashtra tier-3. For Maharashtra-focused buyers needing SFB-style flexible underwriting: Suryoday often wins on local branch density. For pan-India or other states: Equitas/Ujjivan/AU typically better. Rates broadly similar across the four (~9.5-10.5% range for home loans).

Suryoday IPO 2021 performance — bank stability?

Suryoday listed on BSE/NSE in March 2021 at ₹305/share, raising ₹582 crore. Post-listing performance has been mixed with general SFB sector challenges including MFI book stress in 2024-2025. The bank has remained profitable with capital adequacy around 28% (well above RBI requirement) and gross NPA around 4-5%. As a SEBI-listed and DICGC-insured scheduled commercial bank, Suryoday operates under standard banking protections. Standard ₹5 lakh deposit insurance applies.

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