Home Loan

Home Loans are financial solutions offered by banks and financial institutions to help individuals fulfill their dream of owning a house. These loans can be availed for a variety of housing needs, such as:

Purchasing a new residential property or flat
Constructing a new house on owned land
Buying a plot for future construction
Renovating, repairing, or upgrading an existing home
Transferring an existing home loan for better interest rates
Extending or improving home interiors and facilities

With affordable interest rates, longer repayment tenure, and flexible EMI options, home loans make it easier for individuals to turn their dream home into reality.

Eligibility criteria and documents required

Anyone can apply for our home loan as long as they meet the criteria mentioned below.

Eligibility criteria

Nationality: You must be an Indian citizen residing in India.
Age: A salaried applicant must be between 23 years to 67 years, and a self-employed professional must be between 23 years to 70 years.
*The upper age limit is considered as the age at the time of loan maturity.
CIBIL Score: A CIBIL Score of 725 or higher is ideal to get a home loan.
Occupation: Salaried employee, a professional individual, and a self-employed individual.

Documents required

KYC documents (identity and address proof)
Proof of income (salary slips or P&L statement)
Proof of business (for self-employed applicants), and
Account statements for the last 6 months

Note: This is an indicative list that may change based on your actual loan application.

Features Of Home Loan

A Home Loan is a financial product designed to help individuals purchase, construct, or renovate their dream home. Unlike personal loans, home loans are specifically tailored to provide the required capital for housing-related needs, making home ownership more affordable and achievable.

With longer repayment tenure, competitive interest rates, and flexible EMI options, home loans empower individuals and families to turn their dream of owning a house into reality.

Funds available for purchasing a new flat, apartment, or independent house
Option to construct a home on owned land
Financial support for home renovation, repair, or extension
Facility to buy a residential plot for future construction
Flexible repayment tenure with affordable EMIs
Balance transfer facility for lower interest rates
Quick approval and minimal documentation

Purpose for Taking Home Loan

Purchase a New Home

Fulfill your dream of buying a new flat, apartment, or independent house with the help of a home loan.

Home Renovation

Upgrade, repair, or remodel your existing house to give it a modern and comfortable look.

Construction on Owned Land

Construct a new house on your own plot with flexible home loan options that suit your budget.

Plot Purchase

Buy a residential plot for building your dream home in the future with easy loan facilities.

Get quick, secure, and reliable loan solutions tailored to your needs. Grow your business or fulfill your personal goals with Sikka Pay.

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