Answers to help you navigate your home loan journey.
Your home loan eligibility depends on your income, age, existing liabilities, credit score, and the lender's policies. Typically, lenders offer up to 80-90% of the property value.
A CIBIL score of 750 or above is generally considered excellent for home loans, often getting you lower interest rates. However, loans can sometimes be secured with a score of 650+, though terms may vary.
Basic documents include KYC (PAN, Aadhaar), income proof (Salary slips/ITR), bank statements (last 6 months), and property-related documents.
Yes, self-employed individuals can get home loans by providing their business proof, ITR for the last 2-3 years, and audited financials.
Balance transfer allows you to move your existing outstanding home loan to a new lender offering a lower interest rate, helping you save on interest costs.
A top-up loan is an additional loan amount you can get on top of your existing home loan for any personal or professional needs, usually at rates similar to home loans.
EMI is calculated based on the principal loan amount, the interest rate, and the tenure of the loan. You can use our EMI calculator to check yours.
Common reasons include a low CIBIL score, high existing debt obligations, insufficient income, unapproved property, or unstable employment history.