Loan product
Home Loans
Buy, construct, renovate or extend a home — including plot, composite and construction loans.
Home Loans estimate
IndicativeMonthly instalment
₹44,186
₹56,04,529 of interest over 20 years
What is a Home Loan? What Type of Properties can be funded?
A home loan is an amount an individual borrows from a financial institution such as a housing finance company to buy a new or a resale home, construct a house or renovate or extend an existing one. Borrower can Buy Prime properties built as per approved Sanction Map, or Authority flats or approved builder properties, Houses in regularized colonies which do not have sanction map, Properties under PM Uday registered or under GPA are also funded by NBFC. Connect for More details
Types of Home Loans
Home construction, renovation, extension, composite and plot loans — which one fits your situation.
Home Construction Loan
You can avail a home construction loan if you already own a plot and require funds for the construction of the house on that land. How the loan gets disbursed - Connect with us
House Renovation Loan
If you already own a house and want to renovate it, you can apply for a house renovation loan.
Home composite Loan
You can take a loan to buy a Plot and funding for constructing on it as well. Entire loan will be sanctioned to give satisfaction to the customer for the availability of the funds. Loan towards plot will be disbursed initially and thereafter for construction in tranches as per the progress. How much towards Plot and how much towards construction - Connect with US
Plot Loan
If you wish to buy a plot with the intention of constructing your own home in the future, you can avail a plot loan.
Eligibility Criteria for Home Loans
For Salaried, its there net of Gross Salary + other incomes, for Businessmen, there are several ways loan eligibility can be calculated. More the obligations, lesser the eligibility. Plus your age determines the tenure of the loan, longer the better. Need to know your eligibility- Connect with us
Credit score
A high credit score and clean repayment records will enhance your chances of getting a faster loan approval and lower ROI. Get your CIBIL without Loan enquiry - Connect with Us
Other financial obligations
Lenders evaluate the existing liabilities such as personal loans, credit card bills, car loans, etc., to ensure that you have the financial capacity to repay the home loan. If you have no liabilities, you may get your loan approved without any hassles. Can we ignore few obligations - Connect with Us
Have a question about Home Loans?
No two cases are the same, especially when collateral involves legal considerations. Talk to us directly, and we’ll help you understand your position.