Home Loan
Fulfill your dream of owning a home with Lendwise Home Loans, offering housing loans starting at ₹3 lakh. Lendwise Home Loans come with a host of benefits, including affordable EMIs that allow you to spread out payments over a longer tenure, attractive interest rates, an easy application process, doorstep service, and more.
Home Loan Details
| Loan Amount | Up to ₹5 crore |
| Loan Tenure | Up to 30 years |
| Floating Interest Rate | 8.75% - 9.15% |
| Fixed Interest Rate | 14% |
| Processing Fee | Up to 1% of the loan amount + GST (minimum ₹10,000) |
Eligibility Criteria for Home Loans
Salaried Individuals eligible for Home Loans
- For salaried individuals, securing a Home Loan requires a stable employment history, typically within government sectors or reputed companies.
- Applicants must be over 21 and under 65 years, or the age of retirement by the loan’s end.
- Ensure all required documents for the Home Loan, including employment verification and financial stability proofs, are thoroughly checked, as they are key to a successful application.
Professionals eligible for Home Loans
- Professional applicants, such as doctors, lawyers, chartered accountants, or management consultants etc., are welcome to apply for a Home Loan.
- The age limit is between 21 and 65 years.
- The Home Loan documents list extends to professional qualifications and proof of practice for these applicants to ensure credibility and a reliable repayment structure.
Self-employed Individuals eligible for Home Loans
- Self-employed business owners and entrepreneurs looking to invest in property must ensure comprehensive documents required for a Home Loan application, showcasing consistent income through tax returns.
- Eligibility depends on being over 21 years at loan initiation and under 65 years at loan closure, with a strong financial record to support the application.