Aditya Birla Housing Finance - 8.25% for Home Loan - New Purchase Home Loan

Aditya Birla Housing Finance Home Loan:

Aditya Birla Housing Finance offers home loans starting from 8.25% – 14.00% p.a.*

The housing finance company also offers home loan balance transfer facility at lower interest rates to existing home loan borrowers of other home loan lenders.

 Home Loan In Yes Bank is quite popular with its special features and attractive rates under various.

Yes Bank home loan   schemes for different income and occupation groups.

 

Interest Rate	8.25% – 14.00% p.a.*
Loan Amount	Up to 90% of property value
Loan Tenure	Up to 30 years
Processing Charges	Up to 1% of loan amount + GST

 

Aditya Birla Housing Finance interest depends upon:

1. Your Salary:

Income helps you in identifying your rate of interest.

Bank's rate varies with your monthly income. Higher the income, lesser will be the rate

 

2. Type of loan opted for:

Aditya Birla Housing Finance also offers differential rates for women borrowers and also under their fixed and floating rate schemes.

The rate of interest may be higher or lower under their special or popular loan product offers.

 

3. Existing bank customers:

Aditya Birla Housing Finance offers one of the lowest home loan rates to its existing bank account customers in view of their past relationship with the bank.

 

Aditya Birla Housing Finance Home Loan Processing Fee and Other Charges:

In addition to interest rates, home loan from Aditya Birla Housing Finance also carry some other charges which include:

 

Processing Fee -

Aditya Birla Housing Finance applies processing charges to account for its expenses incurred for conducting a credit appraisal and completing the lending process.

 

Technical and Legal Charges -

Aditya Birla Housing Finance also charges technical and legal charges which are explained to the customer during the loan process.

Once you go through the loan application process, you will need to pay these charges based on Aditya Birla Housing Finance rule.

 

Prepayment Charges-

If you decide to foreclose or transfer your housing loan to another bank, you need to submit an application for the same to Aditya Birla Housing Finance.

As per RBI rules, banks are not allowed to charge prepayment penalty on floating rate home loans. Hence, you can prepay your home loan with Aditya Birla Housing Finance at Nil charges.

 

Aditya Birla Housing Finance Home Loan:

Apply

Apply for an Aditya Birla Housing Finance Home Loan easily on ApnaRupee.com – a channel partner for India’s top banks.
Our loan experts assist you throughout the process – from documentation to disbursal.
You can also compare Aditya Birla Housing Finance Home Loan rates with other banks before choosing the best deal for your home loan needs.

 

Aditya Birla Housing Finance Home Loan Documents:

For Salaried employees:

1. Filled up loan application form.

2. Two Passport Size Photo.

3. ITR of last 2 years.

4. Identity Proof - Passport/ Driving License/ Voter ID/ PAN.

5. Residential Address Proof - Leave and License/ Registered Rent Agreement/ Utility Bill (up to 3 months old), Passport.

6. Income Documents – 6 months’ pay slip, 2 years Form 16, 6 months bank statement showing salary credit and any EMI debit.

7. Property Documents - Past title chain: Conveyance deed, Sales deed, Allotment letter, Possession letter, Latest property tax receipt, Copy of approved plan for construction/ extension.

 

For Self-Employed:

1. Filled up loan application form.

2. Two Passport Size Photo.

3. Identity Proof - Passport/ Driving License/ Voter ID/ PAN.

4. Residential Address Proof - Leave and License/ Registered Rent Agreement/ Utility Bill (up to 3 months old), Passport.

5. Business proof such as VAT/ service tax registration, incorporation details in case of companies, business address proof, profit and loss account and balance sheets

certified by CA, copy of partnership deed and proof of business existence and business profile.

6. Property Documents - Past title chain: Conveyance deed, Sales deed, Allotment letter, Possession letter, Latest property tax receipt, Copy of approved plan for

construction/ extension.

 

Aditya Birla Housing Finance Home Loan Schemes:

1. Aditya Birla Home Loan:

Loans for purchasing new or resale residential property

The loan amount is up to 90% of the property value

The repayment period is up to 30 years

The balance transfer option is available

 

2. Aditya Birla Home Extension Loan:

Loans for individuals who want to add another room or space to their existing abode

The repayment period is up to 20 years

The balance transfer option is available

 

3. Aditya Birla Home Improvement Loan:

Loans for covering expenses related to repairing, flooring, water-proofing, false ceiling, woodwork, tiling, plumbing, or electrical work of an already purchased house

The repayment period is up to 10 years

 

4. Aditya Birla Plot and Construction Loan

Loans for anyone who plans to buy a residential plot and build a house on it within the next few years

The repayment period is up to 20 years

 

5. Aditya Birla Home Construction Loan:

Loans for individuals who already own a plot but need funds to build a house on it

The repayment period is up to 20 years

 

6. Aditya Birla PMAY and Affordable Housing:

Types of home loans offered under ABHFL Affordable Housing are home purchase loan, home improvement loan, and plot purchase + home construction loan

Offers loans with Credit Linked Subsidy Scheme (CLSS) under Pradhan Mantri Awas Yojana (PMAY) to eligible customers

Simple EMIs or structured repayment options

Repayment period of up to 30 years

The balance transfer option is available

 

Frequently Asked Questions:-

Q. What are the documents required for home loan Aditya Birla Housing Finance?

Ans. To apply for the Aditya Birla Housing Finance, you will be required to submit Aditya Birla Housing Finance home loan documents such as home application form with attested photographs along with the various documents

such as identity proof , bank documents , bank statements , property papers and loan account statements if any.

 

 Q. Which is the best Aditya Birla Housing Finance home loan scheme?

Ans. Choosing the best Aditya Birla Housing Finance home loan scheme is subjective to requirement of the home loan applicant.

For instant, there are different home loan offers for the purchase, construction, or renovation of home.

Thereby choosing the best Yes bank home loan scheme is based on the one’s needs.

 

Q.Is there a minimum limit on the loan amount that I can apply for?

Ans. Aditya Birla Home Loan has no minimum limit on the loan amount.

The lower limit on the minimum amount is subject to change as per changes in the internal policies and guidelines of ABHFL.