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Ready Posession Under Construction

Home Loan Information
✔ Flexible Payment Option
✔ Simplified Documentation
✔ Doorstep Service at your comfort
Interest Rate
10.75 % - 11.25%
Max Tenure
20 Years
Processing fee
11236
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PNB reaches out to you with fast, friendly and most convenient home loans under Normal and Flexible variants (Details also available seperately) having highlighting features :
 

Highlights:

    Option to choose between Floating and Fixed interest rates.
    Longest Repayment period of 25 years
    Flexible/graduated repayment option
    No hidden charges
    Quick and Fast processing
    Lowest EMI of Rs.918/-* per lac for a 25 years loan (* conditions apply)
    EMI is applicable to all existing and new customers
    Avail benefit of lower EMI by shifting account with us.

Purpose:

    Construction or purchase of new/old house/ flat/ plot Carrying out repairs/ renovations/ additions/ alterations/ furnishing.
    After 3 years loan for personal needs allowed only under Flexible variant.
    Borrowers are entitled for 20% increase in the original total limit sanctioned after a lapse of five years under Flexible variant.

Eligibility:

Under Normal variant Individuals & Joint owners (age group of 18-65 years) having regular source of income. Income of spouse/children can also be added.
Under Flexible variant: Customers who are below the age of 50 years and existing Housing loan borrowers who have availed loan under our Housing Loan scheme for public.


Repayment:

    For Term Loan component under Normal or Flexible variant
    For construction/purchase of house/flat: Maximum of 25 years or borrowers attaining age of 65 years whichever is earlier (can be extended upto the age of 70 years under banks discretion) to be repaid in equated monthly installments inclusive of maximum moratorium period of 18 months (36 months in case of under constructed flats from Pvt. builders).
    For carrying out repairs/ renovations/ additions/ alterations: Maximum of 10  years inclusive of maximum moratorium period of Six months.
    For Overdraft component of Flexible variant : Repayment shall be as under
    For borrower below 55 years : Servicing of interest as and when charged i.e.  on monthly basis.
    For 55 years and above : On monthly reducing drawing power maximum upto the age of 65 years.


Interest Rate
10.40%
Max Tenure
20 Years
Processing fee
0.5%
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Standard Chartered Home Loan helps you buy your dream home with an easy financing solution featuring low interest rates and unrivalled levels of service

Great savings:

We offer variable and semi-fixed rate loans with just a one-time processing fee. No hidden charges.

Tailored to your needs:

You have a requirement, we have a product! Loans available for ready/under construction flat or house, home extension and renovation.
Flexible tenures

Standard Chartered offers loans for salaried and self-employed customers with a wide range of tenure
Refinancing options

Stuck with a High Interest loan? Transfer your existing loan to a lower interest Standard Chartered Bank Home Loan and save money

We guarantee we’ll provide you with a decision about your mortgage application in 5 days or less, or you will receive a Rs. 5,000 refund

Standard Chartered offers loans for salaried and self-employed individuals with a wide range of tenure, from 5 years to 20 years

Refinance your loan:
  • Transfer your existing high interest loan to a lower interest Standard Chartered Bank home loan (as per the applicable current rates) and save on interest. We will also finance the prepayment charges if you so wish.

Features:
  • A Home Loan customer who has been making repayments for more than 6 months is eligible to apply for a top up
  • You can apply for a top up of up to 100% of the original loan amount disbursed
  • The top up tenure can be up to the outstanding tenure on your existing home loan

Advantages:
  • Lower Costs: Compared to other alternatives such as personal loans, a top up gives you a better deal when it comes to interest rates and processing fees, so you can leverage your existing home loan to help you save costs
  • Convenient Repayment Plan: A Top Up Loan allows you to repay over a longer tenure compared to a personal loan, helping you to keep your monthly outflow low.


✔ Base Rate 10 %
✔ Maximum Tenure 30 Years
✔ 5 basis point discount for lady customers.
Interest Rate
10.10%-10.30%
Max Tenure
20 Years
Processing fee
0.25% + 4843
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SBI Home Loans come to you on the solid foundation of trust and transparency built in the tradition of State Bank of India. Best Practices followed in SBI mentioned below will tell you why it makes sense to do business with State Bank of India.


Advantage:

Package of exclusive benefits.

Low interest rates. Further, we charge interest on a daily reducing balance!!

Low processing charges.

No hidden costs or administrative charges.

No prepayment penalties. Reduce your interest burden and optimally utilize your surplus funds by prepaying the loan.

Over 13,700 branches nationwide, you can get your Home Loan account parked at a branch nearest to your present or proposed residence.

Eligibility:

Minimum age: 18 years as on the date of sanction

Maximum age: 70 years. i.e. the age by which the loan should be fully repaid, subject to availability of sufficient, regular and continuous source of income for servicing the loan repayment.

Please checkout special Schemes and Benefits
Interest Rate
10.50% - 10.75%
Max Tenure
20 Years
Processing fee
0.75%
Eligibiliy
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loan eligibility)
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Our Home Loans open the door to your dream home. At L&T Housing Finance, we ensure that we give you unmatched quality service and transparency right through the loan procedures and a hand holding experience that remains that with you till the time you realise your dream.
    

Features:

Loan Tenure upto 30 years

Funding available from Rs.5 lakhs to Rs.5 Crores

Maximum funding upto 80% for loans above 20 lakhs and 90% for loan below 20 lakhs

Loan considration includes resgistration fees and stamp duty

Quick and efficeient processing

Product Offering:

Loan for Construction
Loan for Purchase of House
Loan for Improvement of House
Loan for Extension of House
Loan for Take Over from Approved Institution
Loan Refinance
Composite Loan Scheme

✔ Loan for all type of customers
✔ Max. Tenure (30 Years) & Max. eligibility
✔ CIBIL related cases / Low income cases
✔ Broker/Lawyer/Vendor/Contractor/Agent



Interest Rate
10.5 % - 11.5%
Max Tenure
20 Years
Processing fee
1%
Eligibiliy
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Product Details :


DHFL offers home loan to individuals & Corporate bodies.

Purposes:
1. Home Extension – Those who want to extend their existing accommodation can take a Home Extension Loan.
2. Home Improvement Loan- This is offered to those individuals who want to renovate or want to repaint their home.
3. Home Loan for NRI’s – This is offered to Non-Resident Indians (NRIs) for residential property in India. They can also avail this loan for purchase, contruction, improvement & extension.
4. Plot Loan- A individual can avail Plot loan from DHFL. It can be taken to purchase non-agricultural loan situated within Municipal/Local Development Authority limits.
5. Loan against Property - A professionally qualified individual who is either salaried or self employed can take mortgage loan from DHFL, against their residential property.

Features & Benefits:
1. DHFL offers home loan to Individuals & Corporate bodies.
2. Prepayment option.
3. Hassle frees Process.
4. Loan sanctioned up to 85% of the property cost.

Repayment:
You have 2 options for repayment of the loan based on the EMIs payable on your Home Loan:
Through ECS (Electronic Clearing Service) based on standing instructions to your bank
PDCs (Post Dated Cheques) drawn on your Savings/Salary account
Approval of loan even if property is yet to be selected
Facility for funding for builder’s under construction and ready properties
Quick processing and disbursal of loans
Interest Rate
10.40% - 12%
Max Tenure
20 Years
Processing fee
0.5%
Eligibiliy
(Check your
loan eligibility)
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Product Details :


Indiabulls Home Loans offers the best in-class features and most competitive pricing to the widest range of  borrowers seeking to buy their dream home.  While every home loan is a very personalized need of the borrower and IBHFL makes the best effort to understand the requirement and provide him with the most customized home loan, some of our salient features are presented below:

Purpose:

    Purchase of Flat, row house, bungalow from developers, existing freehold properties,
    properties in an existing co-operative housing society or apartment owner\'s association
    Construction of residential dwelling unit on a plot already owned.
    Purchase of residential plot and / or construction thereon
    Extension of existing residential property (adding floors, new rooms)
    Renovation of existing residential property 

Here is a list of benefits that you can avail when you take an Indiabulls home loan:

    Approval of loan even if property is yet to be selected
    Online access of Loan account
    Funding available for NRI customers
    Facility for funding for builder’s under construction and ready properties
    Experienced staff to provide doorstep services
    Quick processing and disbursal of loans

 Floating Rate Loans:

    No prepayment fees shall be payable for partial or full pre-payments irrespective of the source.

 Fixed n Floating (Dual Rate) Loans:

    No prepayment fees shall be payable for partial or full pre-payments irrespective of the source once the loan has been converted into Floating Interest loan post the expiry of the Fixed Interest Rate period.
    Any partial or full prepayment during the Fixed Interest Rate period of the loan will attract prepayment fees of 2% of the amount prepaid unless specifically mentioned in the borrowers’ loan agreement.
    Services Tax as applicable on pre-payment fees.

Other Special Features:

    Loan Sanction in 48 hours*
    Doorstep Service
    Online Account Access
    Multiple Pre Approved Projects


✔ RPLR rate 16.75%.
✔ Maximum Tenure 30 Years.
✔ Most Trusted in Home loan segment.
Interest Rate
10.25%-10.50%
Max Tenure
20 Years
Processing fee
11236
Eligibiliy
(Check your
loan eligibility)
Call Back
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loan expert)
Enquiry
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Product Details :



The house of your dreams can now be yours with an HDFC Home Loan. Buying a house is an important milestone in your life, and we are here to help you along every step of the way.

With more than thirty years’ experience as a housing finance provider, HDFC Home Loans can give you the perfect product to fulfil your need, along with affordable EMIs. Our suite of Housing Finance products includes Home Loans, Home Improvement/Renovation Loans and Home Extension Loans.

HDFC Bank brings HDFC home loans to your doorstep. Over 3 decades of exclusive experience, a dedicated team of experts and a complete package to meet all your housing finance needs, HDFC Home Loans, help you realize your dream.

Advantage:

    Pioneers of Housing Finance in India with over 35 years of lending experience
    Widest range of Home Loan Products
    Most experienced and empowered personnel to ensure smooth & easy processing.
    Counseling and advisory services for acquiring a property
    Loan from any office for purchase of home anywhere in India
    Loan approval even before a property is selected
    Flexible loan repayment options
    Free & safe document storage

Features & Benifits:

Home Loan: Home loans for individuals to purchase (fresh / resale) or construct houses. Application can be made individually or jointly.

Home Improvement Loan: The interiors of any home reflect the personal preferences and tastes of its owners making it imperative to constantly upgrade to keep up with changing times. HIL facilitates internal and external repairs and other structural improvements like Painting, Waterproofing and Roofing, Plumbing and Electrical Works, Tiling and Flooring, Grills, Aluminum Windows compound walls and much more.

Home Extension Loan: HEL for adding more space to your existing home for meeting the requirements of your growing family be it an extra bedroom for your children, a reading room for yourself or a cozy coffee corner. It is easy to extend your home anyway you like.

Automated Repayment of Home loan EMI:You can give us standing instructions to repay your Home Loan EMIs directly from your HDFC Bank Savings Account, thus, saving you the trouble of procuring, signing and tracking post-dated cheques.

HDFC also offers In-house scrutiny of Property documents for your complete peace of mind.
✔ Base Rate 10.15%.
✔ Last Year EMI Waiver * Under Happy Ending home loans.
✔ Zero Prepayment Cost.
Interest Rate
10.15% to 10.50%
Max Tenure
20 Years
Processing fee
0.5%
Eligibiliy
(Check your
loan eligibility)
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Product Details :


Axis Bank offers affordable and flexible housing loans that can turn your dream of owning a home into reality.

If rising real estate prices have pushed the house you coveted beyond your budget, Axis Bank's unmatched home loans will put it within reach. The attractive interest rates and minimal processing fees make our home finance products a first choice for savvy buyers. In addition, features such as flexible tenures, transparent processing and quick service have made our products stand out among the best home loans in India.

We have products to suit every budget, taste and need. Whether you are self-employed or salaried, want a floating or fixed rate, Axis Bank will offer a loan that is just right for you.

Features of Axis Bank Home Loans 


Axis Bank housing loans are designed for today's home-hunter. Our easy home loans are rich in features and offer a number of benefits.

  • Attractive interest rates: We offer attractive interest rates that make your housing loans affordable and easier on your pocket every month.
  • Flexible rates: Choose between fixed and floating rate options depending on which way you think interest rates are moving.
  • Balance transfer facility: Not satisfied with your existing Home Loan provider? You can transfer your Home Loan to us without any hassles.
  • Doorstep service: You don't have to go the bank for Home Loans; the bank will come to your doorstep. Perfect for those leading busy lives.
  • Nil prepayment charges* : Come into some money and want to pay off your housing loan early? You can do that at Axis Bank without worrying about prepayment charges. 
    * Valid only on floating interest rate Home Loans.
  • Quick and transparent processing:
    Special Benefits available for Premium Banking customers. To know more, contact your Relationship Manager today!
  • Longer tenure for smaller EMIs: You can avail a home loan with up to 30 years tenure, giving you the benefit paying less EMI per month

Earn eDGE loyalty points on Home Loans -

When you take a home loan

  • Earn 500 points if your disbursal is less than or equal to 25 lacs
  • Earn 1000 points if your disbursal is greater than 25 lacs but less than or equal to 75 lacs
  • Earn 2000 points if your disbursal is greater than 75 lacs

When you take a top-up home loan

  • Earn 250 points if your disbursal is less than or equal to 25 lacs
  • Earn 500 points if your disbursal is greater than 25 lacs but less than or equal to 75 lacs
  • Earn 1000 points if your disbursal is greater than 75 lacs

On every anniversary year of your Home Loan

  • Earn 100 points on completion of the 1st year
  • Earn 200 points on completion of the 2nd year
  • Earn 300 points on completion of the 3rd year
  • Earn 400 points on completion of the 4th year
  • Earn 500 points on completion of the 5th year, 6th year, 7th year & so on until the closure of the loan

✔ Attractive Interest Rates from 10.15%* Onward.
✔ Low EMI from 975* onward.
✔ I-Base rate 10%.
Interest Rate
10.15%-10.50%
Max Tenure
20 Years
Processing fee
0.5%
Eligibiliy
(Check your
loan eligibility)
Call Back
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loan expert)
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Product Details :


ICICI Bank Home Loans:

Building your own home is special. As one of the leading home loan providers, ICICI Bank Home Loans is here to help you lay the foundation for your dream home.
With the experience of sharing the dream of millions of our customers, we offer you the most convenient housing loan plans to suit your needs.

Advantages:

Wide range of product to choose from
Doorstep service at your comfort
Over 246 Bank Branches pan India for servicing of your loans
Sanction approval without having selected a property.
Flexible repayment options
Simplified documentation
Insurance options for your home loan at attractive premium

Interest Rate
9.50
Max Tenure
20 Years
Processing fee
11500
Eligibiliy
(Check your
loan eligibility)
Call Back
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loan expert)
Enquiry
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Product Details :


Citibank Offers a Home Loans with low Documents and Offers. Compare Citibank Home Loans with SBI, HDFC, ICICI, LIC Housing. Know about Eligibility, Documents and interest rates of Citibank India.

Features:

• Attractive Home Loan Rates

• Loan up to Rs. 5 Crore

• Flexible repayment tenure up to 25 years

• Loans up to 80% of the property value

• Flexibility to pay interest only during construction period

Interest Rate
9.40% - 10%
Max Tenure
20 Years
Processing fee
11500
Eligibiliy
(Check your
loan eligibility)
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Product Details :



1) 10.25% interest rate irrespective of loan amount. 
2)  Loan at base rate            
  
Interest Rate
9.40% - 10%
Max Tenure
20 Years
Processing fee
11500
Eligibiliy
(Check your
loan eligibility)
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Product Details :


Home Loan - IDBI Bank Housing Loan

With attractive interest rates, flexible tenure and lower processing IDBI Bank Home Loan makes your journey into the new home a pleasant one. We also work towards helping you make this journey faster and offer home loans to both salaried and self employed professionals.

Read through the benefits and apply for a home loan now.

Features
  • Home Loan Tenure: Tenor of a home loan can be up to 20 years for a resident individual (salaried & self employed professional) whereas for Self employed (resident Indian) & NRIs(salaried) the maximum tenure is 15 years subject to maximum age of 65 years at termination of loan.


  • Home Loan Funding: Normally, loan can be applied for a maximum of 80% of the property value. However, loans up to 20 lacs would be eligible for 90% of property value. The quantum of loan is determined based on the repayment capacity of the customer, as assessed by IDBI Bank.


  • Home Loan Eligibility Criteria: Parameters considered include age, income, number of dependents, financial stability and co-applicant's income.


Choice between Floating rate and Fixed rate Home Loans



Personalised doorstep Service:
We offer personalised service to make your loan process faster and also offer technical and legal assistance

Home Loan - IDBI Bank Housing Loan


Interest Rate
9.55% - 10%
Max Tenure
20 Years
Processing fee
15000
Eligibiliy
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Product Details :


PURPOSE:
 
    Purchase/ construction of house/ flat
    Purchase of plot and construction of house thereon**
    Repairs/ improvements/ extension of the existing residential property..

 
ELIGIBILITY:

    Indian citizen above 21 years
    Individual, either singly or jointly with other family members viz. father, mother, son and/or spouse, who have regular sources of income as co-applicants.
    NRIs are also eligible for the home loan. Contact our nearest branch for further details.

PREPAYMENT PENALTY:

    Floating rate loans

    There is no prepayment penalty if loanis prepaid from own verifiable sources or taken over by other banks/FIs.


    Fixed rate loans

    There is no prepayment penalty if loanis prepaid from own verifiable sources.
    A take-over penalty of 2% is chargedon the average outstanding balance of the preceding 12 months if the loanis taken over by any other bank / FI or adjusted by the borrower in lumpsumfrom any third party/source (except genuine sale)

SECURITY:

    Equitable mortgage (E.M.) of the residential property
    If the house/ flat proposed to be purchased is yet to be constructed or is under construction, interim security may be required (till the period of its completion)

 
GUARANTEE:

    Third party guarantee is not mandatory...
Quick sanction and disbursement of your loan
Total Transparency (No hidden charge, daily diminishing balance, customer benefit schemes)
High quality service with high end technological support
Interest Rate
9.25% - 10.75%
Max Tenure
20 Years
Processing fee
0.75%
Eligibiliy
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Product Details :


Purpose:

For construction / purchase / repairs / additions / renovations of residential house / flat including the purchase of land and construction thereon. For taking over of the Housing Loan liability with other recognized Housing Finance Companies, Housing Boards, Co-operative Banks, Co-operative Societies and Commercial Banks at our prevailing low rate of interest.

Eligibility:

    Salaried individuals, individuals engaged in business / professionals and self-employed persons. NRIs are also eligible to avail loans without specific permission of RBI.
    Persons above the age of 55 years are also eligible subject to certain stipulations of RBI.

How much you are entitled to :

We finance upto:

    4 years of gross salary to salaried individuals.

    4 years\' gross annual income to individuals engaged in business or to self-employed persons.

    For NRIs up to 2 years\' gross income and selectively up to 3 years\' gross income.

    Selectively loan upto 5 years\' gross salary/ income also permitted
    Rs.7.5 lacs for repairs / renovations / additions to the existing house / flat. Selectively upto Rs.15 lacs in Metro Centres.

content1
Interest Rate
10.25%-10.50%
Max Tenure
20 Years
Processing fee
0.5%
Eligibiliy
(Check your
loan eligibility)
Call Back
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loan expert)
Enquiry
(Enquire from
Bank)

Product Details :


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Having a home of one's own is always a dream for many. We, at PaisaWaisa.com help you realise this dream by offering you home loan options from a wide range of financial institutions. A home loan, as the name suggests, refers to a loan taken for the purchase or construction of a living space. Quite obviously, you would want to avail the maximum amount at the minimum rate possible, which is why we, at PaisaWaisa.com, are here to help you.


Currently, there are many loan providers in the market which are offering home loans at various interest rates. However, not all deals would serve your needs, and one must do thorough market research before taking a decision. Reading the terms and conditions carefully, deciding whether to take loans at a floating rate basis or a fixed rate one, how much loan amount to take, for what period of time to take it, these are some of the questions that must be answered before applying anywhere. For instance, Bank A might give you a loan of 15 lacs at an interest of 15% for 3 years, and Bank B might give you the same loan at an interest of 18% for 7 years. It is now up to you to decide which offer to accept, since it depends entirely on your repaying capacity.



There exists several unique features of Home Loans:-

  • Purpose of availing the loan amount- One must be crystal clear about the purpose behind taking home loan.
  • One must keep in mind whether the house needs to be purchased from the builder or whether he wants to take up loan facility for extension of existing house.
  • Loan amount:- Depending on the eligibility, income and repaying capacity, one can avail the loan amount ranging from Rs 2 lac to Rs200 lac.
  • Security- Home loan is a type of secured loan. One needs to place collateral against the loan amount.
  • Tenure of Home Loan- Home loan can be availed for a maximum of 25 years.





Types of Home Loans

Depending on the interest rate regime offered by various banks , you can choose the one which best suits your tastes and preferences.
  • Fixed interest rate loans -

    Under this type of home loan, bank charges the same amount of interest rate throughout the tenure of loan. However, the disadvantage is that the borrower is subject to market risk. Generally fixed interest rate loans are costlier than floating interest rate loans. Availing this type of loan facility is beneficial only when there is expectation that the interest rates will have an upward revision in the near future.
  • Floating interest rate loans -

    Floating interest rates home loans are subject to market conditions and hence they are constantly revised by the banks. These loans are generally called as adjustable rate home loans as the interest rates vary throughout the entire tenure. Floating rates are beneficial only if the interest rates falls in the future.
  • One can switch to floating interest rate from fixed interest rate or vice-versa as and when the rates go in your favor.



Other Costs

Apart from paying interest rates and EMIs, there are several other costs which need to be bear by the customer while taking up the home loan facility. Recently, the banks have made it mandatory for the borrowers of the loan amount to get the home, insured in order to safeguard their interest. There are other cost factors like processing fee, administration fee, valuation fee, legal fee etc which needs to be paid at the time of application. Certain other costs needs to be taken care of during the closing time. In order to avoid any future disputes, it is necessary that the borrower calculates the entire cost beforehand.

What are the types of home loans available?

There are a variety of home loans available. They are:

01. For what purposes can I avail a Home Loan?

You can apply for a home loan to;
  •      acquire/construct a home
  •      renovate or expand your home

02. I want to finance a home? How should I start with?

You can apply for an in-principle approval for home loan before actually identifying a home to be purchased. This will make the search for your home a lot easier because you know your maximum budget in advance. If you have already identified a home and budget is not a constraint, you can apply for a home loan straightaway. The in-principle approval remains valid for 3 months. It means that the rate of interest and the loan amount quoted to you will remain in force for the next three months only.

03. How should I apply for Home Loan?

You are required to submit home loan application along with the supporting documents. The bank will go through the documents and inform you about its decision in due course of time. You are advised to shop around and check with more than one bank to get the best terms and conditions on your home loan deal.

04. What is the processing fee charged by the banks?

You are required to submit home loan application along with the supporting documents. The bank will go through the documents and inform you about its decision in due course of time. You are advised to shop around and check with more than one bank to get the best terms and conditions on your home loan deal.

05. How is the Home Loan eligibility determined?

The basic thing that a lender looks for is your repayment capability. This aspect takes many things into consideration like your income, educational qualification, job security, age, spouse's income, the number of dependants in the family, stability in profession, assets and liabilities, savings, etc. After considering all these things, your loan eligibility is determined.

06. How can I increase my loan eligibility?

You can club the income of your spouse and apply jointly. Both the salaries will be taken into consideration for the purpose of calculating the loan amount eligibility. For clubbing the income, your spouse should either be a joint-owner in the property or a guarantor. Home loan will be restricted

07. What is the maximum home loan amount?

Banks do not sanction more than 85% of the cost of property. You are required to mortgage the property for which the loan is being taken.

08. Should I opt for Fixed or Floating rate of interest?

The answer to this question depends on your preference and understanding of the market conditions. However, you can minimize the risk by opting for a home loan that is a combination of both these rates.

09. What incentives should I target while negotiating for home loans?

Some of the incentives that you should try to grab from the banks are:
  •      Waiver of pre-payment penalty
  •      Reduction/waiver of processing fee
  •      Free property insurance
  •      Loan sanction in principle before identifying the property to be purchased

10. How long will it take to get home loan?

Banks take 10-15 days for processing your loan application once all the supporting documents are handed over. Another week is required for verifying the property and making disbursement.

11. What security is needed for taking home loans?

Usually, the banks rely on the mortgage of the property that is being purchased with the help of home loan. If the loan amount is too high or some extra security is needed to cover risk in any loan transaction, banks may ask for some additional securities.

12. What is the interest rate on home loans?

The interest rate varies from bank to bank. The market conditions and the RBI controls also affect the prevailing interest rates. Usually, it ranges from 9-16%.

13. What tax benefits are available in case of home loans?

Any individual who takes home loan is eligible for tax benefits on both the principal and the interest component. The Income Tax Act, 1961 provides tax benefits in the form of deductions from the taxable income.

14. What is the EMI?

Home loans can be repaid in upto 360 installments. Each installment includes principal and interest component in such a way that at the end of the repayment period, the entire loan becomes fully repaid. This monthly repayment is called Equated Monthly Installment or EMI.
Eligibility Criteria Salaried Self employed
Min. age 21 years 21 years
Max. age 65 years 70 years
Minimum income (annual) Rs. 1,00,000 Rs. 1,50,000
Minimum years in service 1 year Not Applicable
Min years of buss. existence Not Applicable 3 years
Minimum loan amount 2,00,000 Rs. 2,00,000
Maximum loan amount 2,00,00,000 Rs. 2,00,00,000
Minimum loan tenure 5 years 5 years
Maximum loan tenure 20 years 20 years
Loan to value ratio 85% of agreement value 85% of agreement value

PROOF OF IDENTITY (any one)

  •      Passport

  •      Driving License

  •      Voter's ID

  • PAN Card

PROOF OF RESIDENCE (any one)

  •      Ration Card

  •      Utility Bill

  •      LIC Policy Receipt

PROOF OF AGE


PROOF OF SIGNATURE

  •      PAN Card

  •      Passport

PROOF OF INCOME (Salaried)

  •      Latest 3 months Bank Statement from Salary Account

  •      Latest Salary Slips
  • Form 16

PROOF OF INCOME (Self Employed)

  •      Latest 3 months Bank Statement from Operating Account

  •      Last 2 years ITR with Computation of Income/Certified Financials,Proof of Turnover(Latest Sales/Service Tax Returns.

SECURITY DOCUMENTS

  •      Documents of Equitable Property and/or Other suitable Collateral Security eg. Life Insurance Policies

  •      Marketable Shares and other such Investments

Tab 5 Interest Rate

Tab 6 Loan Process

Financial Rate Information

Financial Institution Interest
Rate(%)
Processing Fee


(41)  Home Loan Customer Benefits
       




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(1)  Home Loan Customer Benefits
       




  • Advantage

Quick sanction and disbursement of your loan
Total Transparency (No hidden charge, daily diminishing balance, customer benefit schemes)
High quality service with high end technological support


  • Salaried 5 years to 30 years. Professionals 5 Years to 25 Years NRI/Business 5 Years to 15 Years

1   Quick sanction and disbursement of your loan
2    Quick sanction and disbursement of your loan




(2)  Home Loan Customer Benefits
       








Gifts and Discounts Available for each and every Customers



(3)  Home Loan Customer Benefits
       




1) 10.25% interest rate irrespective of loan amount. 
2)  Loan at base rate            

  







(4)  Home Loan Customer Benefits
       












(5)  Home Loan Customer Benefits
       












(6)  Home Loan Customer Benefits
       




  • Advantage

✔ Attractive Interest Rates from 10.15%* Onward.
✔ Low EMI from 975* onward.
✔ I-Base rate 10%.


  • For Loan Amount Upto 25 Lakhs, and for purchase of 1st property PSL rate of 10.15% *.





(7)  Home Loan Customer Benefits
       




  • Advantage

✔ Base Rate 10.15%.
✔ Last Year EMI Waiver * Under Happy Ending home loans.
✔ Zero Prepayment Cost.


  • Do not pay your last 12 EMIs. Loan amount up to 90% of the property value : For loans up to Rs 20 lakhs





(8)  Home Loan Customer Benefits
       




  • Advantage

✔ RPLR rate 16.75%.
✔ Maximum Tenure 30 Years.
✔ Most Trusted in Home loan segment.


  • * Loan up to 30 years of tenure





(9)  Home Loan Customer Benefits
       




Approval of loan even if property is yet to be selected
Facility for funding for builder’s under construction and ready properties
Quick processing and disbursal of loans







(10)  Home Loan Customer Benefits
       




✔ Loan for all type of customers
✔ Max. Tenure (30 Years) & Max. eligibility
✔ CIBIL related cases / Low income cases

✔ Broker/Lawyer/Vendor/Contractor/Agent










(11)  Home Loan Customer Benefits
       




  • Please checkout special Schemes and Benefits

Please checkout special Schemes and Benefits


  • Gifts and Discounts Available for each and every Customers





(12)  Home Loan Customer Benefits
       




✔ Base Rate 10 %
✔ Maximum Tenure 30 Years
✔ 5 basis point discount for lady customers.







(13)  Home Loan Customer Benefits
       











(14)  Home Loan Customer Benefits
       




✔ Flexible Payment Option
✔ Simplified Documentation
✔ Doorstep Service at your comfort






41 (10.25%-10.50% ) 0.5% Callback
1 (9.25% - 10.75% ) 0.75% Callback
2 (9.55% - 10% ) 15000 Callback
3 (9.40% - 10% ) 11500 Callback
4 (9.40% - 10% ) 11500 Callback
5 (9.50 ) 11500 Callback
6 (10.15%-10.50% ) 0.5% Callback
7 (10.15% to 10.50% ) 0.5% Callback
8 (10.25%-10.50% ) 11236 Callback
9 (10.40% - 12% ) 0.5% Callback
10 (10.5 % - 11.5% ) 1% Callback
11 (10.50% - 10.75% ) 0.75% Callback
12 (10.10%-10.30% ) 0.25% + 4843 Callback
13 (10.40% ) 0.5% Callback
14 ( 10.75 % - 11.25% ) 11236 Callback
Disclaimer : Please note that the interest rates given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.