Home Loan

A considerable amount of money borrowed from us to buy a loan is a home loan. There are typically two types of interest rates in home loans:

  • Fixed interest rates
  • Floating interest rates
The customer can select any of these two types of interest rates and depending on that the consumer has to repay the loan amount in a form of EMIs between a planned tenure.

Among the fast-growing middle class in India, the desire to own a house has increased as a result, there is a consistent rise in the property prices. As a result, there is a significant gap between the income and the price of the properties. This is where we help you to get your home. To get a home loan from us you have to follow some simple steps and check the eligibility criteria.

Criteria

Salaried

Self Employed

Age

21- 60 years

24 – 65 years

Employment

Min 2 years of experience

Min 5 years of experience

Co-Applicant(s)

Not mandatory – only familymembers as co-applicants

Not mandatory – only familymembers as co-applicants

Credit Score

750 or above

750 or above

Max. Loan onproperty value

Up to 90%

Up to 90%

Max EMI – perincome%

Up to 65%

Up to 65%

The applicant has to provide proof of:

  • A salaried person has to provide proof of Regular source of income
  • Self-employed people have to show profits in business.
  • Citizenship documents