Why take a Home Loan from 5nance?
Get your home loan disbursed - the effortless, cost-effective way on our platform!
Make informed decisions with expert guidance on the home loan that matches your requirements.
End-to-end expert guidance
Get customized, unbiased advice right from the application to disbursal of your home loan.
Free of cost
Save time and money spent on a financial advisor with our free expert recommendations.
Compare and choose from multiple options offered by top-notch home loan providers.
Self-employed professionals: 21-60 yrs., salaried employees: 23-60 yrs.
Your annual income should be more than Rs. 4.5-5 lakhs.
You can be a salaried or self-employed professional/self-employed individual.
Type of Residence
You must be living in a permanent/rented home for a minimum of 1 yr.
Your credit rating plays a considerable role in determining your home loan eligibility.
Status of Employment
A steady income and employment stability are considered for your home loan approval.
Check your home loan repayment EMIs by using our home loan EMI calculator.Apply Now
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
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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.