Complete Home Loan Products & Guidelines
Home Loan • Realty • Construction • Improvement • Composite • Takeover • Top-Up
Home Loan Products
Purchase
Home Purchase Loan
- Ready & under-construction property
- LTV up to 90%
- Tenure up to 30 years
- Tax benefits u/s 80C & 24(b)
Plot
Realty / Plot Loan
- Residential plot purchase
- LTV up to 70%
- Construction mandatory within time
Construction
Construction Loan
- Build on owned land
- Stage-wise disbursement
- Approved plans required
Improvement
Home Improvement Loan
- Renovation & repairs
- Lower rate than personal loan
- Shorter tenure
Composite
Composite Loan
- Plot + construction together
- Single sanction
- Phased disbursement
Transfer
Takeover / Balance Transfer
- Lower interest rate
- EMI reduction
- Top-up available
Top-Up
Top-Up Loan
- Additional funds
- Minimal documentation
- Same interest as home loan
Processing Fees & Charges
- Processing Fee: 0.25% – 1.5%
- Legal & valuation charges
- Documentation charges
- MOTD / MOD (state-wise)
- Prepayment: NIL (floating)
- Late payment penalties
Applicant Checklist
Salaried
- PAN & Aadhaar
- Salary slips (3 months)
- Form-16
- Bank statement (6 months)
Self-Employed
- Business registration
- ITR (2–3 years)
- GST returns
- Balance sheet & P&L
NRI
- Passport & visa
- Overseas income proof
- NRE / NRO statements
- Power of Attorney
LTV • NMI • EMI • Eligibility
LTV
Loan ≤ 90% of property value
NMI
Net Monthly Income after deductions
FOIR / EMI
Total EMI ≤ 50% of NMI
CIBIL Score
750+
Best interest rates
650 – 749
Standard rates
Below 650
Higher scrutiny / co-applicant
