Long-Term Property Financing

Home Loan Solutions

Q: What is the difference between fixed and floating home loan rates?

Floating rates fluctuate according to the lender external benchmark (EBLR/repo rate). Fixed rates remain identical for a predetermined period. Most retail home loans in India are floating rate loans with zero prepayment penalty for individuals.

Q: Can I add a family member as a co-applicant?

Yes. Adding your spouse, parents, or working children as co-applicants can significantly boost your loan eligibility and allows co-owners to claim applicable tax benefits.

Q: What is LTV (Loan to Value) ratio?

LTV is the percentage of property value that a lender can finance. Under RBI guidelines, lenders can typically fund up to 90% for loans up to ₹30 Lakhs, 80% for loans between ₹30L and ₹75L, and 75% for loans above ₹75L.

Long-term financing support for purchasing, constructing, or renovating your dream residential property.

Indicative Rates8.50% – 11.25% p.a.

Repayment TenureUp to 30 Years

Borrowing LimitUp to ₹10 Crores

Check Eligibility for Home Loan Compare Partner Lenders

Product Brief

Understanding Home Loan

A home loan empowers you to acquire residential real estate, construct your home, or transfer an existing balance to lower your monthly interest burden.

With extended repayment tenures up to 30 years, home loans represent one of the most cost-effective forms of secured credit available in India.

Loans Streets Solutions assists you in evaluating leading private banks and specialized housing finance institutions, navigating title verifications, and selecting ideal floating or fixed rate structures.

Key Advantages & Terms

Extended Repayment Tenures

Spread installments comfortably over 15 to 30 years to minimize monthly financial stress.

Tax Benefits Under Income Tax Act

Avail potential tax deductions on principal repayment (Section 80C) and interest (Section 24b).

High Loan-to-Value (LTV)

Finance up to 75% to 90% of the registered property agreement value based on loan size.

Balance Transfer Privileges

Easily switch existing high-cost mortgages to partner lenders offering superior terms.

Borrower Profile

Who is this loan suited for?

First-time home buyers acquiring ready-to-move-in or under-construction apartments

Families planning residential plot purchase and customized house construction

Existing homeowners looking to renovate, extend, or add floor space to their residence

Borrowers seeking home loan balance transfers to save substantial interest over long tenures

Underwriting Standards

Eligibility Criteria

Requirements vary slightly by lender, but the parameters below reflect baseline criteria across our private banking network.

Salaried Professionals

Corporate & Public Sector Employees

Age between 21 and 65 years at loan maturity

Minimum net monthly income of ₹25,000

Continuous employment history of at least 2 years

Co-applicant inclusion (spouse, parent, or child) can substantially enhance total loan eligibility

Self-Employed Borrowers

Business Owners, Traders & Professionals

Age between 23 and 70 years

At least 3 years in current business or professional practice

Audited financials (P&L and Balance Sheet) certified by a Chartered Accountant for the last 2 years

Clean repayment record on existing commercial or personal liabilities

Documentation Checklist

Required Verification Records

Having clear copies of these records prepared significantly accelerates your loan processing and sanction turnaround.

Identity Proof

• Aadhaar Card
• PAN Card
• Passport or Driving License

Income Records

• Latest 6 months salary slips
• Latest 6–12 months bank statement of primary operational account
• Form 16 / ITR for last 2 assessment years

Address Proof

• Utility Bill or Registered Leave & License agreement

Collateral / Entity

• Sale Agreement / Allotment Letter
• NOC from builder or housing society
• Title Deed chain and approved building plan copy

Home Loan Estimator

Calculate Your Home Loan EMI

Simulate loan installments based on indicative rates for Home Loan.

Home Loan Installment Calculator

Adjust parameters to estimate monthly installments and total repayment breakdown.

Loan Amount

₹

₹50,000₹50 Lakhs₹1 Crore

Interest Rate (% p.a.)

7.0%12.0%22.0%

Loan Tenure (Years)

Yrs

1 Year15 Years30 Years

Monthly Installment (EMI)

₹30,930 / month

Principal Amount:₹35,00,000

Total Interest Payable:₹39,23,200

Total Repayment:₹74,23,200

Principal (47%)Interest (53%)

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Support & Answers

Home Loan FAQs

Everything you need to know about Home Loan underwriting, processing, and eligibility.

What is the maximum loan tenure for a home loan?

Most partner banks and housing finance institutions offer tenures up to 30 years (or until retirement age, typically 60 for salaried and 65–70 for self-employed).

What is the difference between fixed and floating home loan rates?

Can I add a family member as a co-applicant?

What is LTV (Loan to Value) ratio?

Ready to explore your Home Loan options?

Check your eligibility across our vetted private lenders with zero credit impact. Speak directly with an experienced credit advisor.

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