Get Your Dream Home Loan Today!
Unlock the true value of your home or commercial space with 1rupay.com and our Lender’s Home Loan is in very low rate of interest . Whether you need funds for purchase your dream Home, you can use your property as collateral to get a loan amount of up to ₹5 Crore.
With our quick and simple online application process, you can easily get a Home Loan from us without any hassle. Additionally, our loan comes with a flexible tenure that makes loan repayment convenient.
Loans to Applicants where part of the salary of through Cash
Applicant should necessarily be getting at least 70% component of the Salary through Banking channel.
Cash component in the form of OT/ Incentive/ Bonus / Vehicle charges/ Reimbursements not forming part of CTC or not reflected in Form no. 16, can be treated as an additional income for salaried employees. Such cash component will be restricted to maximum 30% of the total income.
Loan term to be restricted up to the age of retirement of Senior Applicant whose income is considered for loan calculation.
Maximum 2 cash salaried borrowers can be Co-Applicants in the loan.
Total gross income will be capped to ₹ 30,000/- per month for 1 borrower & ₹ 40,000/- per month in total for more than 1 cash salaried borrower.
Home loan for Salaried person
Loan term can be considered beyond retirement age, subject to payment of entire outstanding loan at the time of retirement.
Maximum loan term can be extended by 10 more years post retirement i.e. if an applicant is aged 45 years and retiring at the age of 58 years, the term that can be given will be 23 years (attainment of 68 years of age).
Maximum loan tenure will be 30 Years.
Maximum age at the time of application of loan will be 50 Years.
Self Employed Individual wanting extended loan term
Loan term beyond 70 Years and up to 75 Years of the senior applicant.
Maximum loan tenure will be 30 Years.
All such loans are Mortgage Guaranteed by IMGC and hence, one time premium is payable as indicated below for salaried and self-employed employees:
For Salaried
LTV (%) | ₹ 10- ₹ 75 | > ₹ 75 |
|---|---|---|
| upto 65 | 0.90% | 1.40% |
| > 65-75 | 1.15% | 1.55% |
| > 75-80 | 1.35% | NA |
| > 80-85 | 1.40% | NA |
| > 85 | 1.55% | NA |
For Self Employed
LTV (%) | ₹ 10- ₹ 75 | > ₹ 75 |
|---|---|---|
| upto 65 | 1.00% | 1.50% |
| > 65-75 | 1.30% | 1.75% |
| > 75-80 | 1.50% | NA |
| > 80-85 | 1.60% | NA |
| > 85 | 1.75% | NA |
Processing Fee
Above ₹1 cr and upto ₹ 2 crs
₹20,000 + GST
Above ₹ 2 crs and upto ₹ 5 crs
₹25,000 +GST
Upto ₹ 1 cr
0.25% of loan amount subject to maximum of ₹15,000 + GST
Above ₹ 5 crs and upto ₹15 crs
₹50,000 +GST
Interest Rate For salaried
on Home Loan- CIBIL Required minimum 825
- Net Salary Minimum 35 k
- More than 10 lakhs & up to 2 crs
Interest Rate salaried
on Home Loan- CIBIL Required minimum 800
- Net Salary Minimum 35 k
- More than 10 lakhs & up to 2 crs
Interest Rate For Salaried
on Home Loan- CIBIL Required minimum 775
- Net Salary Minimum 35 k
- More than 10 lakhs & up to 2 crs
Interest Rate For Salaried
on Home Loan- CIBIL Required minimum 700
- Net Salary Minimum 35 k
- More than 10 lakhs & up to 2 crs
Interest Rate For Self Employed
on Home Loan- CIBIL Required minimum 825
- Minimum Monthly netIncome 35 k
- For More than 10 lakhs & up to 2 crs
Interest Rate For Self Employed
on Home Loan- CIBIL Required minimum 800
- Minimum Monthly netIncome 35 k
- For More than 10 lakhs & up to 2 crs
Interest Rate For Self Employed
on Home Loan- CIBIL Required minimum 775
- Minimum Monthly netIncome 35 k
- For More than 10 lakhs & up to 2 crs
Interest Rate For Self Employed
on Home Loan- CIBIL Required minimum 700
- Minimum Monthly netIncome 35 k
- For More than 10 lakhs & up to 2 crs