Home Loan
What is a Home Loan?
A home loan is a secured loan provided by banks and financial institutions to help individuals buy, construct, or renovate a residential property. The property itself acts as collateral, meaning the lender holds the legal rights to the property until the loan is fully repaid.
Home loans typically come with lower interest rates and longer repayment tenures — usually between 10 to 30 years — making it easier to own a home without bearing the entire financial burden upfront. With affordable EMIs and tax benefits, a home loan is one of the most convenient ways to turn your dream of owning a house into reality.
Key Features :
- Secured Loan: The purchased or constructed property is used as collateral.
- Longer Tenure: Repayment periods can range from 10 to 30 years.
- Lower Interest Rates: Usually lower than personal loans due to the secured nature.
- High Loan Amounts: Eligible borrowers can get up to 80–90% of the property value.
Why Choose a Home Loan ?
- Affordable EMIs due to lower interest rates and longer tenure.
- Helps Build an Asset while enjoying tax savings.
- Balance Transfer Options to reduce your interest burden.
- Top-Up Loans available over your existing loan.
Eligibility Criteria (General) :
- Age: Typically between 21 and 65 years.
- Employment: Salaried or self-employed with a stable income.
- Credit Score: Preferably 700 or above for favorable terms.
- Income: Minimum income as required by the lender based on loan amount.
Why Take People
Loan from Wealth Finversity
Instant approval & disbursal
Get instant approval on your home loan with minimal paperwork. Enjoy a
fast, secure, and hassle-free process from application to disbursal, usually
completed within a few working days after verification.
Flexible Repayment Option
Choose flexible repayment plans including EMI holidays, step-up EMIs,
or faster repayment after a certain period. Tailor your repayment method to suit
your financial stability and future income growth.
Higher Loan Amount
Avail home loans ranging from ₹5 lakhs to ₹5 crores or more. Loan
eligibility is based on your income, credit score, employment type, financial
stability, and property value, allowing you to confidently fund your dream home.
Longer Loan Tenure
Get longer repayment tenures of up to 30 years, reducing the monthly
EMI burden. A longer tenure helps you manage your finances better while still
achieving your goal of homeownership affordably and stress-free.
Minimal & Easy Documentation
Submit only essential documents like ID proof, address proof, income
proof, and property documents. The simplified process ensures faster approval while
maintaining accuracy, security, and transparency at every stage.
Transparent Process
Enjoy a completely transparent process with no hidden charges, no
prepayment penalties (on floating-rate loans), and a clear fee structure. Everything
is communicated upfront to build trust and confidence.
