Interest Rates from 8.4%
Unlock Your Dream Home with INDCred Home Loans
INDCred Home Loans make owning your dream home a reality with competitive interest rates starting at 8.4%*, flexible repayment options up to 30 years, and loan amounts covering up to 90% of the property value. Whether you're buying a new home, constructing, renovating, or transferring your existing loan, we provide complete home financing solutions.
As a leading home loan provider, we understand that every home buyer has unique needs. That's why we offer personalized solutions with transparent processing, minimal documentation, and dedicated relationship managers to guide you at every step of your home buying journey.
Types of Home Loans Available
New Home Purchase
Finance for ready-to-move-in apartments and villas
Up to 90% financingHome Construction
Loan for constructing house on owned plot
Stage-wise disbursementPlot + Construction
Finance for both land purchase and construction
Combo loan facilityHome Renovation
Loans for home improvement and repairs
Up to ₹50 lakhsBalance Transfer
Transfer existing loan for lower interest rates
Zero foreclosure chargesTop-up Loan
Additional funds on existing home loan
Up to ₹1 croreKey Features & Benefits
Why Choose INDCred Home Loan?
- Lowest Interest Rates: Starting from 8.4% per annum
- High Loan Amount: Up to ₹10 crores available
- Long Tenure: Repay comfortably up to 30 years
- Maximum Financing: Up to 90% of property value
- Flexible Repayment: Step-up/Step-down EMI options
- Balance Transfer: Lower your EMIs with zero charges
- Top-up Facility: Additional funds on existing loan
- Tax Benefits: Save under Section 80C, 24, and 80EE
Home Loan Tax Benefits
Section 80C
Principal Repayment: Up to ₹1.5 lakhs per financial year
Applicable on repayment of principal amountSection 24
Interest Payment: Up to ₹2 lakhs per year for self-occupied property
For let-out properties: No upper limitSection 80EE
Additional Deduction: Up to ₹50,000 for first-time home buyers
Applicable if property value ≤ ₹50 lakhs & loan ≤ ₹35 lakhsEligibility Criteria
For Salaried Individuals
- Age: 21-65 years at loan maturity
- Minimum Net Monthly Income: ₹35,000
- Work Experience: Minimum 2 years
- CIBIL Score: 650 and above
For Self-Employed
- Age: 25-70 years at loan maturity
- Minimum Annual Income: ₹6 lakhs
- Business Continuity: 3+ years
- ITR Filing: Last 3 years
Property Documentation Checklist
Title Documents
- Registered Sale Agreement
- Property Tax Receipts
- Encumbrance Certificate (13 years)
- Latest Khata Certificate & Extract
- Approved Building Plan
Builder Documents
- Builder Agreement (if under construction)
- Builder NOC for mortgage
- Occupancy Certificate (if ready)
- Completion Certificate
- RERA Registration Number
Home Loan Process
step 01
Application & Property Selection
Submit home loan application and select your dream property with our assistance.
step 02
Document Verification & Sanction
Verification of KYC, income, property documents & loan sanction letter issuance.
step 03
Legal Check & Disbursement
Property legal check, agreement signing and loan disbursement to builder/seller.
Home Loan Interest Rate Comparison
| Loan Amount | Women Applicants | Salaried Individuals | Self-Employed |
|---|---|---|---|
| Up to ₹30 lakhs | 8.40% - 8.90% | 8.65% - 9.15% | 8.90% - 9.40% |
| ₹30L - ₹75L | 8.50% - 9.00% | 8.75% - 9.25% | 9.00% - 9.50% |
| Above ₹75L | 8.60% - 9.10% | 8.85% - 9.35% | 9.10% - 9.60% |
Home Loan FAQs
We provide home loans up to ₹10 crores. For salaried individuals: Up to 60 times net monthly income. For self-employed: Up to 5 times average annual income. Maximum 90% of property value for properties up to ₹30 lakhs, 80% for above ₹30 lakhs.
For ready-to-move-in properties: 7-10 working days post document submission. For under-construction properties: 10-15 working days. Processing time depends on document completeness and property legal checks.
Principal repayment: Up to ₹1.5 lakhs under Section 80C. Interest payment: Up to ₹2 lakhs under Section 24 for self-occupied property. Additional ₹50,000 for first-time buyers under Section 80EE. For let-out properties: No limit on interest deduction.
We finance up to 90% of property value for properties costing ≤ ₹30 lakhs (minimum 10% down payment). For properties > ₹30 lakhs, maximum financing is 80% (minimum 20% down payment). Down payment must come from your own sources.
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