HOUSING LOAN FACILITY
Housing Loan Facility
Buy, build or renovate your home with the right loan – from eligibility check to disbursement and registration.
Loan For
- Ready / under-construction flat
- Resale house
- Plot + construction
- Construction on own plot
- Home extension & renovation
- Balance transfer + top-up
Key Features
- Multiple lender options – compare offers from leading Banks, HFCs & NBFCs
- Competitive interest rates as per lender policy and applicant profile
- Long tenure up to 30 years for comfortable EMIs (as per lender policy)
- Funding up to 75–90% of property value as per RBI LTV norms
- For salaried, self-employed & professionals, with co-applicant options
- Nil foreclosure charges on floating-rate home loans for individuals (as per RBI norms)
- Guidance on government housing schemes (PMAY-U 2.0) where eligible
- Legal title search & technical valuation coordination
- Doorstep document collection and file tracking till disbursement
- Mortgage / NOI registration support on the IGR portal after sanction
Eligibility
- Indian resident, age typically 21 years to 65–70 years at loan maturity
- Salaried: stable job, generally 2+ years total experience
- Self-employed / professional: generally 2–3 years business continuity with ITR
- Good credit score (typically 700+) and a clean repayment track
- Property with clear, marketable title and approved plan
Documents Required
- KYC: PAN, Aadhaar, photographs, address proof
- Salaried: last 3 months salary slips, Form 16 / ITR 2 years, 6 months bank statement
- Self-employed: ITR with computation 2–3 years, CA-certified financials, GST / Udyam / Shop Act, 12 months bank statement
- Property: agreement to sale / sale deed, Index-II, 7/12 extract or property card, approved plan & NA order, chain documents, society / builder NOC, RERA details (new projects)
- Construction: building permission, estimate by engineer / architect