Home Loan
Our Services
Benefits of Home Loans
Loan Amount
Get home loan up to ₹5 Crores
Tenure
Up to 30 years
Application Process
100% online
Interest Rates
Get home loan up to ₹5 Crores
Important Terms & Conditions
You have to apply for Home Loan using your link
You have to be a new user to apply for the Loan
Eligibility Criteria Salaried
- Age Group: 21 to 55 years
- Income Range: ₹25,000+
- Documents Required:
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Identity proof: Any one of the documents - Passport, PAN Card, Ration Card, Aadhaar Card, Voter ID Card, Driving Licence
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Address proof: Any one of the documents - Aadhar Card, Passport, Voter ID Card
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Income Proof: Salary certificate, Recent salary slip, Employment letter
Eligibility Criteria Self-employed
- Age Group: 21-55 years
- Income Range: You should have a stable source of income
- Documents Required:
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Identity proof: Any one of the documents - PAN Card, Ration Card, Aadhaar Card, Voter’s ID Card, Driving Licence
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Address proof: Any one of the documents - Passport, Aadhaar card, Voter’s ID Card
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Income Proof: ITR (Income Tax Returns) of last 6 months
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Business Proof: Proof of Business Existence, Certificate of Incorporation, Certificate of Registration with Appropriate Registration Body
Other Eligibility Criteria
- You must be an Indian resident
- CIBIL Score must be 700+
- Minimum home loan must be of ₹25 lakhs
Application Process
- Step: 1
Start with Your Basic Details
Enter your personal details such as your full name,
primary phone number, PAN Card number, date of
birth, primary email address, and gender.
- Step: 2
Provide Property Information
Continue to enter your desired loan amount, select
the type of loan required, and enter the property
identification status and type. Then, enter the
location of the property, the expected value of the
property, and the tenure.
- Step: 3
Provide Your Work Information
Next, enter the employment details, such as
profession type, net annual income, and current
monthly EMI amount.
- Step: 4
Final Review Before Submission
Review all the details to make sure everything is
correct. To submit your application, enter the OTP
sent to your mobile number and click “Verify.”
Help & Support FAQs
The required property documents for a home loan can vary depending on the purpose of the loan. Key documents include identity and address proof, income statements, bank statements, credit reports, property documents, and proof of employer address. Requirements may vary across lenders
Lenders assess your ability to repay by considering your total EMI obligations, including the proposed home loan EMI, which should ideally be within 50-60% of your monthly income.
Home loan approval typically takes 1 to 2 weeks but can vary based on the lender’s process, your credit profile, and the property details.
No, home loans do not cover the entire property value. The Reserve Bank of India (RBI) has set Loan-to-Value (LTV) ratio limits. For loans up to Rs 30 lakh, the LTV ratio can be up to 90%. For loans between Rs 30 lakh and Rs 75 lakh, it’s capped at 80%, and for loans above Rs 75 lakh, the LTV ratio is limited to 75%. Borrowers must cover the remaining amount through a down payment.
The maximum home loan amount is determined by the lender using methods like the Multiplier Method or the EMI/NMI Ratio and your profile. These methods consider your income and existing financial obligations. Some lenders also combine these methods to assess your eligibility
The maximum home loan amount is determined by the lender using methods like the Multiplier Method or the EMI/NMI Ratio and your profile. These methods consider your income and existing financial obligations. Some lenders also combine these methods to assess your eligibility
Yes, your spouse or close family members like parents, siblings, or children can co-sign a home loan with you. Additionally, all co-owners of the property must be co-applicants. Applying with a co-applicant can enhance your loan eligibility by combining incomes
Yes, you can prepay your home loan. For floating-rate loans, no prepayment charges apply. However, fixed-rate loans may incur fees, typically 2-4% of the prepaid amount
Yes, having a stable job with a reputable employer and substantial work experience increases your chances of loan approval. Self-employed individuals can still secure home loans with sufficient income proof.
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