
Housing Finance – Home Loan Services
We are committed to provide the most convenient home loan to make your home buying experience more pleasant.
What is Home Loan?
The term “Home Loan”, “Housing Loan”or “Home Finance” is used when you borrow money from a bank or any financial company at a certain rate of interest to buy a home. People do take home loans in India to buy a flat/house, new house building construction or old house renovation.
What Are the Types of Home Loans Available in the Market:
- Land/Plot Purchase Loan
- Home Construction Loan
- Home Renovation Loan
- Home Extension Loan
- Home Purchase Loan
- NRI Home Loan
- Home Loan Balance Transfer
- Bridge Loan
How do you Get a Loan to Buy a House?
After finalizing which house or Home land you want to purchase, you need to contact an expert who can help you check your credit score, assist you in collecting required documents, do any critical calculations involved, compare available offers based on the best return and interest rates and suggest the best one for you, and will remain with you until your loan amount credited to you.
Home Loan Process in India
- Fill Home Loan Application Form
- Pay File Processing Fee
- Discuss with the Bank or Money Lending Firms
- Documents Evaluated by the Bank
- Home Loan Approval Processing
- Offer Letter Processing
- Legal Check after Processing Property Papers
- Site Estimation and Technical Checks
- Final Home Loan Deal, Sign Agreement, and Loan Disbursal

What are the Required Documents for Home Loan?
1 | Completed Home Loan Application Form |
2 | Passport Size Photographs |
3 |
Proof of Identification(Any one of these) –
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4 |
Proof of Age(Any one of these) –
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5 |
Proof of Residence(Any one of these) –
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6 |
Income Documents: For Salaried Individuals –
For Self Employed:
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7 |
Property Documents Required For Home Loan:
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What is the Eligibility for Home Loan?
Eligibility for a home loan depends on various essential factors and it varies with your age, occupation, income, and CIBIL score. Let’s take a look into it.
Main factors that determine eligibility for home loan are:
Age of the Applicant | 21 to 60 years |
Eligible Salary | Rs. 15,000 per month and above |
Work Experience for Salaried | 2 years and above |
Business Stability for Self Employed | 2 years and above |
Minimum CIBIL Score | 650 |
Maximum Loan on Property Value | Up to 90% |
Maximum EMI as percent of income | 65% |
Eligibility with Co-applicant | Up to 3 earning family members may be added to get higher loan eligibility |
Our Associates
Services and products of FinancialBazar are strengthened by alliances with the leading financial partners.
Reach Us At
FinancialBazar
S.No – 23, HUDA Market, Sector – 13
Kurukshetra – 136118(Haryana)