The basic documents required include: Identity Proof (Aadhaar, PAN Card), Address Proof (Utility Bills, Rental Agreement), Income Proof (Salary Slips for 3-6 months, ITR for 2-3 years, Form 16), Bank Statements (6 months), Property Documents (Sale Agreement, Title Deed, Approved Building Plan), and passport-sized photographs. Our experts will guide you through the complete documentation process.

Most banks require a minimum CIBIL score of 650 for home loan approval. However, a score above 750 gets you better interest rates and terms. If your score is below 650, we can help you improve it and explore alternative lending options. We work with multiple banks to find solutions even for lower credit scores.

Generally, banks approve loans where the EMI is up to 50-60% of your monthly income. The loan amount depends on factors like income, age, existing loans, credit score, and property value. As a rough estimate, you can get a loan of 60 times your monthly salary. Our loan eligibility calculator can give you an exact estimate.

Home loan interest rates typically range from 8.5% to 11.5% per annum, depending on the bank, loan amount, tenure, and your credit profile. We work with 25+ banks to get you the best rates. Government employees and women borrowers often get additional discounts of 0.05% to 0.10% on interest rates.

With complete documentation, loan approval typically takes 7-10 working days. Pre-approval or in-principle sanction can be obtained within 48-72 hours. The disbursement happens within 3-5 days after property verification. We fast-track the process by ensuring all documents are correctly submitted the first time.

Yes, self-employed individuals, business owners, and professionals can get home loans. You'll need to provide ITR for the last 2-3 years, business financial statements, bank statements, and proof of business continuity. We specialize in helping self-employed individuals secure competitive home loans.

Fixed interest rates remain constant throughout the loan tenure, providing predictable EMIs. Floating rates vary based on market conditions and RBI policies. Currently, most borrowers prefer floating rates as they are lower and allow you to benefit from rate cuts. We help you choose the best option based on your financial goals.

Yes, you can prepay your home loan partially or fully. For floating rate loans, there are no prepayment charges as per RBI guidelines. For fixed rate loans, banks may charge 2-4% of the outstanding amount. We help you understand prepayment terms and calculate the savings from early repayment.

Balance transfer means moving your existing home loan to another bank offering better interest rates or terms. Consider it when you can save at least 0.5% on interest rate, have more than 10 years remaining, or need a top-up loan. We handle the entire transfer process and negotiate the best rates for you.

You can apply online through our website, call us at +91 86109 40667, or visit our office in Salem. We offer free consultation where we assess your eligibility, compare offers from 25+ banks, handle documentation, and guide you through the entire process until disbursement.