Our housing loans are designed to make your dream of owning a home a reality. We cater to individuals from
underserved communities, offering affordable financing options for buying, constructing, or renovating homes.
Loan Amount
₹50,000 to ₹20,00,000
Loan Tenure
Flexible tenure up to 10 years
Interest Rate
Competitive and affordable
Processing Fees
Minimal charges, ranging from 2% of the loan amount
Prepayment Charges
Nil
For Purchase, Construction of Residential House/Flat.
For Repair and Renovation.
For Purchase of Plot Plus Construction (Composite Home Loan
Pre-closures are only allowed after the 3rd EMI is paid in
full
Based on the health of your Income, business, revenues and
annual turnover
Processing fee depends on the internal risk parameters of the
company.
Eligibility & Documents Required
Eligibility Criteria
Age: 21 to 65 years at loan
maturity**
Income Source: Salaried,
self-employed, Self Employed professionals.
Property Type: Ready-to-move,
under-construction, or self-constructed properties
Age upto 65 years can be considerable, if the owner of
property is aged above 60 Years.
** as per BFSPL terms and conditions
Benefits
Loans for individuals with limited credit history
Simplified documentation process
Affordable EMIs with flexible repayment options
Special focus on women borrowers and first-time
homeowners
Required Documents
ID Proof: Aadhaar Card, PAN Card, or
Voter ID
Address Proof: Utility bills, Rent
Agreement, or Aadhaar
Income Proof: Salary slip, IT
returns, or alternate income documentation
Property Documents: Sale
agreement, title deed, or approved building plan
Make your dreams come true with our affordable housing loans !