List of required documentsApply Now
- Application Form
- Passport copy
- Electricity, water, telephone, other utility bills
- Registered rent agreement
- Ration card/voter’s id
- Driver’s license
- Domicile certificate from the municipality
- Chain of agreements
- Conveyance deed
- Sales deed
- Allotment letter
- Possession letter
- The latest property tax receipt
- Completion Certificate (CC)
- Occupancy certificate (OC)
Proof of Identity
- Driver’s license
- Voter’s ID
- PAN Card
- Aadhaar Card
- Last 6 months’ bank statements
- 3 months’ salary slips
- Form 16 for the last 2 yrs
- For self-employed, business owners
- Bank statements
- IT returns certificate for the last 3 yrs
- Last 3 yrs. audit balance sheet
How to get your home loan in quick, easy steps
Apply for a Home Loan
Evaluation of Repayment Capacity
Sanction/Approval of the Home Loan
Submit any additional docs if required
Sign the Agreement, Disbursal
Everything one needs to know about getting a home loan, find out here.Apply Now
What is a Home Loan?
What is the duration of a home loan?
What is the Eligibility Criteria for a Home Loan?
A self-employed or salaried professional with a regular source of income can apply for a home loan. One must be at least 21 years old. He/she should not exceed 60 years of age when the loan ends. Specific details like age limits, income levels, etc. may vary as per the lender.
What are the important factors that determine the approval on a home loan?
The basic factor is the individual’s repayment capacity. The other key factors that hold weight include:
- Income level of the borrower
- The applicant’s age
- Employment stability
- Resident status
- Spouse’s income
- No. of dependants
- Credit history & score
- Current status of loans
Who can be co-borrowers on a home loan?
What is the maximum number of co-borrowers?
What is a floating rate home loan?
What is a fixed rate home loan?
A fixed-rate home loan is one where the interest rate is fixed throughout the duration of the loan. The interest rate doesn’t vary as per the market fluctuations. During the earlier period of the loan’s duration, a major constituent of the monthly installment is used to service the interest while the principal is served in the later parts of the duration.
How to repay a home loan?
Great things customers are saying!
Here is what our customers have to say about us and our services.
Top online home loan option
Was looking for a home loan so thought of exploring online options, came to know about 5nance. Their loan advisors helped me get my home loan processed and disbursed and also helped me reduce my upfront cost. Thank you
Manish Singh, Delhi
The advisor helped me understand details about my home loan. I always thought getting a home loan is a tedious long effort but people at 5nance made it simpler for me. Appreciate all the work and help they provided for my home loan.
Janhavi Patil, Pune
Best interest rates
I was skeptical about the company but the advisors were very friendly and very active. The best part is they helped me understand the process better and guided me to get best rate of interest from the providers. Very happy with 5nance and the advisors of 5nance.
Aakash Verma, Bangalore
Good company to get your home loan from. They help you from start till your home loan amount is disbursed. Happy with the experience. Cheers to 5nance.
Mustafa Bohri, Mumbai
Read more on Home loans
Wish to understand home loan better? Here’s a list of our top articles to make your job easier!
You just happen to sell off the ancestral property that fetches...
Why pay more when you can pay less? A home loan balance transfer...
Millennials are a self-aware generation. They want their needs...
There are occasions in everyone’s life when you feel like you have...
Thinking of applying for a personal loan? Here is an easy checklist...
Innovage is not responsible for the accuracy or reliability of any information displayed about the loan products as the same is received from the respective loan providers.
Further Innovage accepts no liability whatsoever for any loss or damages of any kind including but not limited to, direct, indirect, incidental, equitable and/or consequential damages suffered by the user arising from availing the loan product.