New Home Purchase Loan
Financial assistance to purchase a new flat, apartment, villa, or independent bungalow from a developer or in a resale transaction.
Why Choose This Plan?
Buying a new home requires significant capital — and a Home Purchase Loan bridges that gap efficiently. We help you borrow up to 90% of the property's registered value, with flexible repayment tenures of up to 30 years to keep your EMI manageable. For eligible buyers, PMAY (Pradhan Mantri Awas Yojana) subsidy benefits can reduce your effective interest rate further. Our team handles all the legal and technical due diligence coordination, making your property purchase smooth and stress-free from sanction to registration.
Key Features & Benefits
- Funding up to 90% of the property value
- Flexible repayment tenure up to 30 years
- Attractive floating and fixed interest rates
- Minimal documentation and quick processing
- PMAY subsidy benefits for eligible customers
Frequently Asked Questions
Eligibility criteria vary based on age, medical history, and specific plan requirements. Contact our advisors for a detailed assessment of your eligibility.
The claim process is simple and hassle-free. You can initiate a claim through our online portal, or by contacting our customer support team with the required documentation.
Yes, premiums paid towards this insurance plan may be eligible for tax deductions under relevant sections of the Income Tax Act. Please consult with a tax advisor for specifics.
