Make Your Homeownership Dreams a Reality
Turn your homeownership dreams into reality with our Home Loan, designed for purchasing, building, or renovating your home. Benefit from competitive interest rates and a flexible repayment tenure of up to 30 years, allowing you to manage your finances comfortably. Our loan covers up to 100% of the home’s price, including registration and property insurance. Enjoy transparent terms with daily reducing balance interest. Whether you’re buying your first home or expanding your current one, we provide the financial support you need for a successful home journey.
- Competitive Interest Rates & EMI Flexibility
- Longest Repayment Tenure (up to 30 years)
- 100% Financing for Home Purchase and Construction
- Includes Costs for Registration and Property Insurance
- Interest Calculated on Reducing Balance Basis
- For Residential Properties, Apartments, and Houses
Types of Property Funded
- Ready property
- Under Construction
- Composite Loan (Plot + Construction)
- Home Extension and Renovation
- Plot Purchase
- Self-construction
- Balance Transfer
- Top-up and more
Eligibility Criteria
To qualify for a Home Loan, you must meet certain eligibility criteria designed to ensure you can manage the loan effectively.
- Age Requirement: Applicants must be between 21 and 65 years old.
- Income Verification: Provide proof of stable income from employment or business.
- Credit Score: A strong credit history is required for better terms.
- Property Details: The property should meet certain criteria for loan approval.
Other Loan Solutions
Still Confused?
For personalized help with your Home Loan application, please complete the form below to connect with one of our advisers.
Documents Required
To apply for a Home Loan, you need to submit specific documents to verify your identity, address, and financial status.
Photo Identity Proof
( Self-attested copy of any one document)
- Passport
- Voters ID
- Driving License
- PAN Card
- UID Certificate (Aadhar Card )
Address Proof
( Self-attested copy of any one document)
- Ration Card
- Passport
- Driving License
- Bank account statement
- Electricity Bill
- Telephone Bill
- Aadhaar Card
- Sale deed/ Property purchase agreement (For owned properties)
Income Proof
( Self-attested copy of any one document)
Salaried Individual:
- Last two months salary slip/Salary certificate
- Latest years ITR with income computation/Form 16. Note: If Bonus is considered in eligibility, we will have to take last two years ITR/Form 16
- Last six month bank statement reflecting salary credits. Note: Cash Salary cases not allowed
- Repayment track/bank statements proof of track with loan sanction letter/amortization schedule.
Self Employed Individual:
- Income Tax Return with income computation (As applicable )
- Balance Sheets and P&L a/cs with schedules (As applicable)
- Sales Tax Return/VAT return for the number of months not covered in the latest financial year.
- Credit card statement for 6 months (required in case of Banking Surrogate)
- Copy of Contract Order and Form 16 A (applicable only if income is from contracts)
- Bank statements for the last 6 months – from business account of the firm/ company and savings a/c of the individual borrower and co-borrowers, if income being considered.
- Repayment track/bank statements proof of track with loan sanction letter/amortization schedule.
Business Proof
( Self-attested copy of any one document)
- Shop establishment certificate (First priority)
- Trade license/Professional license(sales tax no, importer’s exporter’s code)
- Sales Tax return/VAT return
- Telephone Bill (landline/postpaid mobile phone)-Paid. Not older than 90 days from loan application
- Electricity bill-Paid. Not older than 90 days from loan application
- Registered or Notarized Rent deed
Property allotment letter from Govt./Registered societies - Property papers-Unregistered sale deed plus GPA
- Property registered deed
- Latest updated bank passbook/Bank Statements in borrower’s name (subject to bank acct being 6 months and CPV confirms the same address)
Property Proof
( Self-attested copy of any one document)
- Photocopy of original sale deed
- Allotment/Possession letter
- No objection certificate from the society and other documents as per legal report
Process
How to Apply
Step 1
Review the eligibility criteria to ensure you qualify.
Step 2
Gather required documents for the application.
Step 3
Fill out the Home Loan application form at a branch.
Step 4
Provide your documents for verification.
Step 5
Await loan approval and get your funds disbursed for your home.