"Your dream home is just a step away! Home Loan can be use for purchasing a new residential property, construction of house on a plot, home improvement, and extension and renovation of your existing house. Your house loan eligibility is calculated based on your age, net income, existing obligations.
Features & BenefitsHigh Loan Amount:-
Avail financing of up to 65% to 80% of the property's value, depending on your profile and lender's policy.
Affordable Interest Rates:-
Competitive and floating/fixed interest rate options for easy repayment.
Flexible Repayment Tenure:-
Tenure of up to 30 years, helping to keep EMIs low and manageable.
Tax Benefits:-
Claim deductions on both principal (u/s 80C) and interest (u/s 24b) under the Income Tax Act.
Prepayment Option:-
Option to repay the loan before tenure without heavy penalties (as per lender’s policy).
Eligibility Criteria
Age:
25 to 65 years (at loan maturity)
Employment Type:
Self-Employed: Business owners, professionals (doctors, CAs, architects, etc.)
Salaried: Individuals working with government, private, or public sector organizations
Income:
Stable monthly or annual income to ensure loan repayment capacity.
Credit Score:
A good credit score (preferably 650 and above) improves approval chances and terms.
Co-Applicant Option:
Co-borrowing allowed with spouse or family member to increase eligibility.
Documents Required
For Salaried Individuals:
Identity Proof: Aadhaar / PAN / Passport / Voter ID
Address Proof: Aadhaar / Passport / Utility bills
Latest 3–6 months’ salary slips
Form 16 or last 2 years’ Income Tax Returns
Bank account statements (last 6 months)
Property-related documents (Agreement to Sell, Title deed, etc.)
Passport-sized photographs
For Self-Employed Individuals:
ID & Address Proof: Aadhaar / PAN / Passport
Business Proof: Registration Certificate, GST certificate
Last 2–3 years’ ITR with computation
Profit & Loss statement and Balance Sheet (CA-certified)
Bank account statements (business and personal – 6–12 months)
Property documents
Photographs