Tax Benefits
Deductions available under Sections 80C and 24(b) of the Income tax Code.
Home Loan
Explore home loan options
for property purchase, construction.
Find suitable Home Loan options for purchasing, constructing or refinancing your property with expert guidance from DreamRise Capital.
Quick
Approval
Minimal
Documentation
Competitive
Interest Rates
Flexible Repayment
Options
Loan Amount
₹5 LAKHS TO ₹50 CRORE*
*T&C Apply
What is a Home Loan?
A home loan is a loan taken out by an individual in order to purchase a property from a bank or any other affordable housing finance institution. The borrower uses a mortgage to secure the loan that states the lender shall have the right to take possession of that property in case the borrower defaults in paying back the money and interest.
Wealth Creation
Develops a high value appreciating asset over time.
Flexible Repayment Options
Choose periods that you can work within your finances.
Easy Loan Process
Simple documentation and a convenient application process.
Dedicated Support
Get assistance throughout your home loan journey.
Government Support
Provision of Subsidies under PMAY and Other Government Schemes
Types of Home Loan
Home Purchase Loan
- Designed for buying a new or resale residential property.
- Suitable for salaried individuals, self-employed professionals, and business owners.
- Offers flexible repayment tenures and competitive interest rates.
Home Construction Loan
- Provided for constructing a house on an owned plot of land.
- Loan amount is usually disbursed in stages based on construction progress.
- Ideal for individuals planning to build their dream home from scratch.
Home Renovation & Improvement Loan
- Used for repairing, renovating, or upgrading an existing home.
- Covers expenses such as painting, flooring, modular kitchens, and structural improvements.
- Helps enhance the value and comfort of your property without financial strain.
Features & Benefits of Fast-Approved Home Loan
-
Faster Loan Processing
Get your home loan application processed quickly with streamlined documentation and verification. -
Quick Approval
Speed up your home-buying journey with a simplified loan approval process, subject to eligibility and lender policies. -
Competitive Interest Rates
Access home loan options with competitive interest rates based on your profile, credit history, income, and lender criteria. -
Flexible Loan Tenure
Choose a suitable repayment tenure to help manage your monthly EMI according to your financial requirements. -
High Loan Amount
Get financing options suitable for purchasing, constructing, or improving your home, subject to lender eligibility and property assessment. -
Easy Documentation
A structured documentation process helps make your home loan application simpler and more convenient. -
Multiple Lender Options
Explore suitable home loan options from banks and NBFCs based on your eligibility and requirements. -
Expert Assistance
Get professional guidance throughout the application, documentation, verification, and loan processing journey. -
Convenient EMI Options
Select a repayment structure that aligns with your income and financial planning, as offered by the lender. -
Transparent Process
Understand the applicable interest rate, processing fees, tenure, EMI, and other charges before proceeding.
Home Loan Eligibility Criteria & Required Documents
Eligibility Criteria:
- Age: Applicant should generally fall within the lender’s prescribed age range.
- Income: Stable and regular income from salaried or self-employed sources.
- Employment/Business Stability: Lenders may consider employment or business continuity.
- Credit Profile: A satisfactory credit history and repayment record may improve eligibility.
- Existing Financial Obligations: Current loans and monthly obligations may be considered.
- Property Eligibility: The property should meet the lender’s legal, technical and valuation requirements.
- Repayment Capacity: Loan eligibility depends on income, expenses, existing obligations and applicable lender policies.
Required Documents:
-
For Salaried Applicants
PAN Card
Aadhaar Card / Valid Identity & Address Proof
Latest 2-3 Months Salary Slips
Bank Statements 6-12 Months
Form 16 / Income Tax Returns, as applicable
Employment or income-related documents
Passport-size photographs -
For Self-Employed Applicants
PAN Card
Aadhaar Card / Valid Identity & Address Proof
Income Tax Returns
Profit & Loss Statement and Balance Sheet
Business Registration/Proof of Business
Business & Personal Bank Statements
GST Returns, where applicable
Passport-size photographs -
Property Documents
Sale Agreement / Allotment Letter
Property Title Documents
Approved Building/Property Plan, where applicable
Sale Deed / Registration Documents, as applicable
Other property-related documents requested by the lender
Common Mistakes to Avoid
Not Checking Loan Eligibility & Credit Score
Applying for a home loan without reviewing your eligibility or CIBIL score.
1. Higher chances of loan rejection.
2. Lower credit scores may lead to higher interest rates.
3. Multiple loan applications can negatively impact your credit profile.
Ignoring Total Loan Cost
Focusing only on the interest rate and ignoring other charges.
1. Processing fees can increase the overall loan cost.
2. Hidden charges may affect your budget.
3. Lower EMI doesn't always mean a cheaper loan.
Choosing an EMI Beyond Your Budget
Opting for a higher loan amount without assessing repayment capacity.
1. Financial stress during emergencies.
2. Difficulty managing other household expenses.
3. Increased risk of EMI defaults affecting credit score.
Reasons For Rejection
Poor Credit Score & Credit History
A low credit score indicates higher repayment risk to lenders.
1. Credit score below the lender's eligibility criteria.
2. Frequent loan or credit card payment delays.
3. Loan defaults or settlements in the past.
4. High outstanding debt or excessive credit utilization.
Insufficient Income & Financial Stability
Banks assess whether your income is sufficient to repay the home loan comfortably.
1. Monthly income below the required threshold.
2. High debt-to-income (DTI) ratio.
3. Unstable employment or frequent job changes.
4. Inconsistent business income for self-employed applicants.
Property-Related Issues
Even if the applicant is eligible, the property must meet the lender's legal and technical requirements.
1. Incomplete or disputed property documents.
2. Unauthorized construction or approval issues.
3. Low property valuation compared to the loan amount requested.
4. Property located in a restricted or high-risk area.
Tips for Choosing the Right Home Loan
Compare Interest Rates & Loan Costs
Choosing a home loan with the lowest interest rate can help reduce your overall repayment burden.
1. Compare interest rates from multiple banks and NBFCs.
2. Check processing fees and hidden charges.
3. Understand the difference between fixed and floating interest rates.
4. Calculate the total cost of the loan, not just the EMI.
Evaluate Your Repayment Capacity
A home loan should fit comfortably within your monthly budget without affecting your lifestyle.
1. Assess your monthly income and expenses.
2. Choose an EMI amount that is easy to manage.
3. Maintain an emergency fund for unexpected situations.
4. Avoid borrowing more than you actually need.
Check Check Loan Tenure & Eligibility
Selecting the right loan tenure and understanding eligibility criteria can improve approval chances and repayment flexibility.
1. Opt for a tenure that balances EMI affordability and interest cost.
2. Check your credit score before applying.
3. Keep income and property documents ready.
4. Ensure you meet the lender's eligibility requirements.
STEP-BY-STEP PROCESS TO
APPLY FOR A LOAN
🔗
Share Your Requirement
Tell us about your loan requirement and basic financial profile.
👤
Profile Understanding
Our team reviews the information provided to understand potentially suitable funding options.
📋
Explore Suitable Options
We help you understand available options from relevant Banks & NBFCs.
✔️
Documentation & Application
Get guidance on documentation and the application process.
🏦
Lender Assessment
The respective lender evaluates your application according to its policies and credit criteria.
💰
Sanction & Disbursement
After completion of lender formalities, the approved amount is disbursed by the lender.
Home Loan Calculator
Tips for Using the Online Home Loan Calculator
Most online loan calculators use the standard EMI calculation method. To calculate your EMI, you need to provide the principal loan amount, the interest rate, and the loan tenure.
Principal Amount
Interest Amount
₹
%
YrMo
Loan EMI
₹0
Total Interest Payable
₹0
Total Payment
(Principal + Interest)
₹0
FAQ
Frequently Asked Questions
A home loan is a financial facility that helps
eligible customers purchase, construct or renovate
a residential property. The loan is repaid through
agreed monthly instalments over the selected tenure.
Home loan processing fees are charges collected
for processing and evaluating a loan application.
The applicable fee may vary depending on the
lender, loan amount and applicant profile.
Eligibility can depend on factors such as income,
employment or business profile, existing
financial obligations, credit history, age and
the lender's applicable policies.
A fixed-rate loan generally keeps the applicable
interest rate fixed for a defined period, while
a floating-rate loan may change according to the
lender's applicable benchmark or rate structure.
Depending on your circumstances and applicable
Indian tax laws, certain home-loan payments may
qualify for tax benefits. Please consult a
qualified tax professional for advice applicable
to your situation.
Ready to Turn Your Dream Home Into Reality?
Get the right financial support to buy, build, or upgrade your dream home.