Home Loan
- Our home loans come with unique benefits such as:
- 1. Low interest rate
- 2. Low minimum amount
- 3. High maximum amount
- 4. Easy prepayment terms
- Here are some of the factors that determine your home loan eligibility:
- Credit Score (minimum 700)
- Income of all applicants
- Primary applicant's age (min 21 years and max 70 years)
- Primary applicant's occupation
- Other obligations & existing EMIs
- Additional sources of income, if any
- Repayment Capacity
- Current residential location
- Location of the property you wish to buy
The home loan interest rate you're eligible for completely depends on your credit profile, income, occupation, etc among other factors. But, for all reference purposes, interest rate for home loan starts from 8.5%.
- Loan Amount
- 1. Minimum: Rs.5 Lakhs
- 2. Maximum: Rs.3 Crores
- Loan Tenure
- 1. Minimum: 3 years
- 2. Maximum: 30 years
if you're salaried & 20 years if you're self-employed Yes, you can most definitely get a home loan even if you've not finalized the property you wish to buy.
Based on your income eligibility, we'll be able to offer you a PNI (Property Not Identified) Sanction Letter for your home loan. Once you've identified the property you need to buy, your home loan sanction will be subject to a final assessment of this property.
However, if the property is under construction, we recommend that you speak with the relationship manager for details.
