Indostar Home Finance - 9.00% for Home Loan - New Purchase Home Loan

Niwas Housing Finance (formerly known as Indostar Capital Finance):

Indo Star Home Finance Private Limited provides home loans with affordable interest rates ranging from 9.00%_16.00%.p.a.*

with the quick approval and easy process for loan amounts of up to Rs.30 lakh with a maximum tenure of up to 30 years.

 

About The Indostar Home Finance:

Interest rate	9.00%_16.00%.p.a.*
Loan Amount	Up to Rs.30 lakh
Loan Tenure	Up to 30 years
Processing fee	Up to 1.25% of the loan amount

 

Some of the key features of the Indostar Home Finance:

1. Fair:

You pay interest only on receipt of the loan amount. 

2. Efficient:

Committed to best-in-class customer service.

3. Innovative:

Home loans for formal and informal segments with the tenure up to 30 years.

4. Hassle free:

Stress- free and convenient loan processing with easy documentation.

 

Indostar Finance Home Loans Schemes:

1. New Purchase:

To purchase existing properties as well as ongoing or completed new projects from recognized government agencies or developers

Competitive interest rates

Properties inside and outside municipality limits are funded

 

2. Self-construction:

To build a home on a plot of land already owned

To buy a plot of land and build a home

Customized loan for specific cities

 

3. Balance Transfer + Top-up

Transfer home loans from other financial institutions for more affordable interest rates

Avail additional loan as a top-up that can be used for extension, renovation, or improvement to the existing property

Balance transfer repayment tenure is 25 years and top-up repayment tenure is 15 years

 

Indostar Finance Home Loan:

Apply:

If you want to get a home loan from

Indostar Finance Home Loan, the process to get the loan is fairly easy.

All you need to do is to apply for a home loan at Apnarupee.com.

We are a channel partner of all top banks in India including HDFC, SBI, Axis Bank,etc.

Your loan application will be processed online and Indostar Finance Home Loan’s representatives will get in touch to begin the process of getting a home loan.

You will also be assisted by Apnarupee.com housing loan advisor to ensure that all the lending process is smooth, quick and you get the best house loan from Indostar Finance Home Loan.

You can also do a comparison of Indostar Finance Home Loan’s Interest rates and other charges using Apnarupee.com comparison tool.

 

Indostar Finance Home Loan Documents:

For Salaried employees:

1. Filled up loan application form.

2. Two 2 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.

 

Frequently Asked Questions:

 

Q. Can I add a co-applicant?

Ans. Yes, you can not only add a co-applicant, but it is mandatory to add one to be eligible for a loan from IndoStar Home Finance.

Also, all the owners or co-owners are mandatorily to be made the co-applicants of the loan.

 

Q. Are there different types of interest rates offered by IndoStar Home Finance?

Ans. Yes, IndoStar Home Finance offers both fixed and floating interest rates on their home loans.

 

Q. What are the factors that go into determining my home loan amount?

Ans. The home loan amount that is offered to you will be determined on factors such as your income, the property value, and your repayment capacity.

 

Q. How can I increase my loan eligibility?

Ans. IndoStar Home Finance allows you to include the family income of all your earning members to increase your loan eligibility.