Overview
Financing solutions for individuals looking to purchase, construct or refinance a residential property. Whether you are buying your first home, building on a plot, or transferring an existing balance, we connect you with optimal lending partners.
Key Information
*Interest rates, loan amounts, tenure and eligibility are subject to the applicant's profile, lender policies and applicable terms and conditions.
Who Can Apply?
- Salaried professionals working in MNCs, public or private companies
- Self-employed individuals (business owners, traders, and manufacturers)
- Eligible resident applicants and Non-Resident Indians (NRIs)
- Applicants meeting lender-specific credit and age criteria
Eligibility Criteria
Eligibility is typically calculated based on your net monthly/annual income, existing financial obligations, credit score (CIBIL), and the valuation of the property being financed.
Please Note: Final eligibility is determined by the relevant lending institution based on credit bureau reports, income consistency, and internal policy rules.
Documents Generally Required
- Identity proof (Aadhaar Card, PAN Card, Passport)
- Address proof (Utility bill, Passport, Voter ID)
- Income documents (Salary slips, Form 16, or ITR for self-employed)
- Bank statements for the last 6 months
- Relevant property documents (Sale deed, approved building plan, title deeds)
The exact requirements may vary depending on the selected lender and the applicant's specific profile.
Frequently Asked Questions
How much home loan can I get?
The loan amount depends on your repayment capacity, income stability, age, and property valuation. Generally, lenders finance up to 75% to 90% of the total property value.
What interest rate can I expect?
Indicative rates start around 8.5% p.a. onwards, varying according to your credit score, loan amount tier, and lender policies.
Can self-employed individuals apply?
Yes, self-employed businessmen, consultants, and professionals can apply by providing business continuity proofs and recent Income Tax Returns.
What documents are required?
Standard KYC, income proofs (salary slips or ITR), 6 months bank statements, and clear chain documents of the property.
How long does the process take?
Sanction and disbursement timelines depend on document verification, legal check of the property, and lender policies, typically ranging from a few days to a couple of weeks.
Can I apply if I already have another loan?
Yes, you can apply. However, lenders will factor in your existing EMIs to determine your maximum eligible borrowing capacity.