Home Loan/Loan Against Property
Turn Your Dream of Owning a Home/Property into Reality!
Discover a variety of home loan options with minimal paperwork and lower interest rates to make buying your dream home easier. Our customized solutions guide you through every step for a smooth and stress-free experience.
🏠 Home Loan (Housing Loan)
A home loan is a type of secured loan provided by banks and financial institutions. It allows you to borrow money to buy, build, or improve a property.
The property itself acts as collateral (security) until the loan is fully repaid.
You repay the loan through Equated Monthly Installments (EMIs), which include both the principal amount and interest, over a fixed time period.
Zero Foreclosure Charges and Partial payment accepted.
Types of Property Loan Services
Plot Purchase Loan – For buying a residential plot of land.
Home Construction Loan – For constructing a new house on your own land.
Home/Flat Purchase Loan – For buying a ready-to-move home or apartment.
Shop Purchase Loan – For purchasing a commercial shop.
Commercial Construction Loan – For constructing office space or commercial property.
Plot Purchase with Construction Loan – For buying land and building a home on it together.
- Loan Against Property – For running business extension or growth
Required documents for Home Loan
The fundamental requirements for qualifying for a home loan include:
Age:
- You must be above 21 years of age at the time of the commencement of your loan, and up to 70 years or less at loan maturity
Income
- Salaried Person – Minimum Rs. 10,000 per month(Cash Salary Accepted)
- Self-Employed Person – Minimum Rs. 2,00,000 per year
Credit Score
- A credit score of 650 is considered a good score for approval.
1. Salaried Individuals
- Form 16
- Pan
- Aadhar Card
- Passport Photo
- Cheques
- 3 Months Salary Slip
- 6 Month Bank Account Statement
- Registry
- Rin Pustika
- Diversion
- Etc.
2. Self-Employed Individuals
- Pan
- Aadhar Card
- Passport Photo
- Cheques
- Registry
- Rin Pustika
- Diversion
- Partnership Deed(if applicable)
- 1 Year Bank Account Statement
- Business Address Proof
Fees and Charges for Home Loan
Home loan fees and charges typically differ depending on the lender and individual circumstances. The table above provides a general overview of the common fees and charges associated with home loans.
Charges