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Home Loan


Get Loan in 5 Mint.

What is Home Loan?

Home loan is type of loan . The loan amount is type value of property and the value of property is determined by the appraiser from lending institution. Mostly home equity loans require good to excellent credit history, reasonable loan to value and combined loan to value ratios .

  • Maximum Loan Amount

  • 50% – 80% of Property Value
  • Loan Term
    5 – 15 Years
  • Interest Rates

  • 8.5% – 16%
  • Speed
    4 Days

Advantages of Home Loan?

Requirements for Home Loans

  • MINIMUM REVENUE PER ANNUM

  • 50 Lakh

  • CREDIT SCORE
  • Time in Business

  • 2 years

Documents required for Home Loans

  • PAN CARD/PASSPORT

  • Rs. 4,80,000

  • PROCESSING FEE CHEQUE
  • BANK STATEMENT

  • 2 years
  • CREDIT SCORE

  • 2 years
  • AADHAR CARD/PASSPORT

  • 2 years
  • COPY OF PROPERTY DOCUMENTS

  • 2 years
  • LAST 3 YEARS BALANCE SHEET

  • 2 years
  • LATEST OD/CC SANCTION LETTER

  • 2 years
  • INCOME TAX RETURN OF LAST 3 YEARS

  • 2 years
  • PROOF OF BUSINESS

  • 2 years
  • PROFIT & LOSS STATEMENT

  • 2 years

Frequently asked questions

  • What is Home loan EMI?
    • 1.HL EMI is a defined repayment amount of your loan monthly till the loan is completely paid.
      2.HL tenure in India ranges from 5 years to maximum of 18 years. Longer the tenure, lower the EMI.
  • what is advantage of repaying Home loan EMI through ECS?
    • Key advantage of paying Home Loan EMI through ECS is that, there is no signature mismatch risk for cheque bouncing or any other technical issue.
  • How is the Home loan EMI Calculated?
    • Basic method for calculating the EMI is that if it is bigger the loan amount, higher will be the EMI, smaller the loan, lower the EMI. Larger the loan tenure, smaller the EMI.
  • How does Home Loan or Property Loan work?
    • To buy the new home you take a property loan or home loan. The developer of the property is paid the cost of the home according to the payment plan by the lender. the borrower in turn pays EMIs which is spread over the tenure of the loan.
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