What is Home Loan ?
Everyone's dream is to purchase a home. Most people can't afford this costly goal unless they spend their entire lifetime's worth of savings. A house loan allows you to maintain your funds while simultaneously enabling you to fulfill your ambition. Additionally, it has a lot of advantages.
To build a new home or renovate an old one, you can apply for a home loan. Some advantages of a house loan are lengthy tenure, tax benefits, low interest rates, flexible repayment options, top-up facilities, and prepayment alternatives.
Calculate Interest
Emi Calculator Compute your loan interest accordingly 5L to 5CR , 8.5% to 24.5% and 6 Months to 240 Months
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Home Loan Types
This home loan is regularly used for construction,
pre-owned, and ready-to-occupy homes. The majority of
lenders provide among 75 and 90 percentage assets worth.
This kind of loan is supposed for purchases of plot and
construction. In this situation the loan disbursement
start at time the plot purchased, with the remaining
balance is disbursed stages of construction.
This loan is provide for constructing a home on land which
you already own. The construction loan disbursed 2 to
3stages.
You can use loan funds for repair a home you already own
This loans use for adding extension of residing area to
your home.
Eligibility Criteria For Home Loan
| Criteria | Salaried |
| Criteria | Requirement |
| Age | Min age – 18, Max age - 70 |
| Residency Status | Resident Indian or NRI |
| Employment | Salaried or Self-employed |
| Annual Income | 5-6 Lakhs |
Documents Required
| ID Proof require PAN card, Aadhaar card and Voter ID card |
| Age Proof require Driving License or Aadhaar card |
| Address Proof require bank passbook, Ration Card, Voter ID |
| Proof of Income for salaried borrowers require a bank statement, IT returns and payslip returns and payslip |
| Proof of Income for self-employed borrowers require IT returns, the balance sheet of your company |
| Proof of business address |
| Property related documents registered sale deed, NOC from the builder and complete building plan |
Frequently Asked Qusetions
You can apply for a home loan through our website . The
application process includes filling out an application form
and submitting the required documents.
The amount you can borrow depends on a number of factors,
including your income, credit score and the value of the
property you want to buy. We will assess your financial
situation and advise you on the maximum loan amount you
qualify for.
Interest rates vary depending on your credit profile, loan
amount and loan term. We offer competitive pricing and will
provide you with detailed information during the application
process.
Home loan repayment terms are usually between 15 and 30 years.
We offer options that match your financial situation and
preferences.
You can check the status of your application by logging into
your account on our website or by contacting our customer
service team.