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Home loan

Home loans are secured loans, the loans are disbursed by Housing Finance Companies (HFCs) Banks, Non-Banking Finance Companies (NBFCs) these companies hold the property document till the loan amount is not cleared from the borrower.

Unlike Personal Loans and Business loan the purpose of this loan is only to buy a property.

The loans have a duration of up to 20 years. Shorter tenure results in higher EMI amounts, while longer tenure results in lower EMIs.

There is a tax benefit of up to INR 5 Lakhs for individuals who file their ITR returns under Section 80C 24B and 80EEA

Interest Rates

Interest rates on Home loans are comparatively lower than Business loans and Personal Loans. The interest rate starts 6.5% The interest rate on a Home loans varies from one bank to another bank and even NBFCs and HFCs It also depends on your credit score


The documentation for applying a Home loan depends on the nature of the employment. The standard documentation includes Individual KYC like PAN Card, Aadhaar Card Home address proof and Company KYC like GST certificate, Shop and Establishment certificate Business Registration certificate etc. and Financial documents like returns filed for last 3 years, Bank statement for personal and current account for last 1 years


To become eligible, one must be 21 years or would have attained 60 at loan maturity with all valid and updated financials along with a credit score of 750 Plus

Loan Amount

The loan amount for Home loan be as low as 10 lakhs


What are the advantages of a Home Loan?

Home Loan helps you to create an asset for your self at a lower rate of interest with long term repayment options in additionally it helps you save tax

Is there a maximum time frame for repaying my home loan?

Like any other loan you can set up an ECS facility or NACH which will systemically deduct the EMIs from your preferred bank account

How can I repay my Home Loan?

Like any other loan you can set up an ECS facility or NACH which will systemically deduct the EMIs from your preferred bank account

How can I decide if I want a fixed rate or a floating rate Home Loan?

There is a choice between fixed or floating rate home loans for the first three years, but these will automatically turn into Floating Rates at the end of the three years.

What makes Loan Against Property more expensive than Home Loans?

Individuals receive home loans to acquire affordable housing facilities. In contrast, through Loan Against Property, loans can be obtained for business/personal purposes, generally to increase working capital for an existing business or to meet personal requirements.

How can I apply for a Home Loan?

We make it easy for you to apply for a Home Loan. Easy, fast, and free! Fill out a short form and you're good to go. That's how we know you'd like to speak with us. One of our representatives will contact you shortly!

If you have a question that isn't answered here, please contact us.