Reliance Home Finance Home Loan 2024 Interest Rates, Eligibility, Processing Fee, EMI Calculator, Document, CIBIL Score Details at https://www.reliancehomefinance.com.
Reliance Capital Limited is an Indian diversified financial services holding company promoted by the Reliance Anil Dhirubhai Ambani Group, a part of the Reliance Group, one of the leading valued financial services companies in the private sector in India, Reliance Home Finance currently plays a leading role in the home loan sector across the country.
Reliance Home Finance
Reliance Home Finance Home Loan is a subsidiary of Reliance Capital Limited which provides home loans to its customers for multiple purposes including home purchase, plot purchase, home construction and home renovation, Reliance Home Loan interest Rate are 9.75% p.a. Starting from , it is one of the best home loan rates in India, home loan has long repayment tenure of up to 20 years and low processing fees ranging from 0.5% – 1.50% of the loan amount.
Reliance Home Finance Eligibility
Before applying for a loan in Reliance Home Finance, you should check your home loan eligibility once, if you meet the criteria of Reliance Home Finance Home Loan then it will be easy for you to get a home loan, below is your Eligibility for Home Loan in Reliance Home Finance Take a look and find out.
|Bank Name||Reliance Home Finance Limited Home Loan|
|Profile||Resident Indian and Non-Resident Indian (NRI)|
|Age Limit||Minimum Age 21 Year|
Maximum Age 60 Year
Self Employed Individuals
|Loan Tenure||Up to 30 Years|
Reliance Home Finance Documents Required
Required documents to be submitted for a home loan from Reliance Home Finance These Required Documents are indicators of your financial stability so any lender will definitely consider the documentation while approving your home loan application.
Documents are one of the most important requirements for Reliance Home Finance Home Loan, Reliance Home Finance takes the process of home loan documents very seriously, but many times applicants face difficulties in not knowing what documents to provide while submitting documents for home loan.
Reliance Home Finance makes the home loan documents process very streamlined and transparent right from the start, see below which home loan documents are required to pass your home loan application in detail.
- Identity Proof – Aadhaar Card, Voter ID, Passport, Driving License.
- Age Proof – PAN Card, Voter ID, Aadhaar Card, Passport, Driving License.
- Address Proof – Aadhaar Card, Passport, Voter ID, Driving License.
- Additional Documents for Salaried Customers
- Any 2 months salary slip out of last 3 months for salaried or Salary Certificate.
- Latest Form No. 16.
- Copy of Offer letter if job continuity is less than 1 year or proof of continuity current job / business.
- Latest Bank Statement where direct salary credit or latest statement in case of cash salary.
- Additional Documents for Self Employed Customers
- Financial Documents of 2 year.
- ITR along with Computation.
- Balance sheet, P&L, Schedules.
- Tax Audit Report of individuals, partnership, & company.
- Partnership deed / MOA/AOA in case of partnership firm & company resp.
- Latest Shareholding pattern attested by CA/CS or authorised person in case of company.
- Bank statement (Business and Savings) for last 6 months, 1 year Bank statement for NIP.
- VAT / Sales Tax returns to validated sales.
Reliance Home Finance Home Loan Processing Fee
While applying for a Reliance Home Finance loan, the lending bank or institution charges a certain amount for the services they provide you, this amount is known as Reliance Home Finance Home Loan Processing Fee.
Reliance Home Finance Home Loan Processing Charge A processing fee of 0.5% to 1.5% of your application amount will be charged if the application is rejected and the amount will not be returned to you.
Applicants should remember that Reliance Home Finance Home Loan Processing Fee is not the only amount you have to pay, there are other charges as well, so it is better for everyone to know the details of Reliance Home Finance Home Loan Processing Fee in advance.
|Processing Fees||Up to 2% (including non-refundable fees of Rs. 3500/- for Loan up to Rs 35Lakh & 4500/- for Loan more than Rs 35Lakh)|
|Documentation charges||Loan up to 35Lakh – Rs. 2500/-|
Loan more than 35Lakh – Rs. 5000/-
|CERSAI Charges||Rs. 500/- per property|
|Charges for Change in Property / Asset / Collateral||Rs. 0.5% of Principal outstanding|
|Dishonor Charges||Rs. 750/- per instance (inclusive of Taxes)|
|Overdue Interest||3% pm. on unpaid amount|
|Loan cancellation Charges||Rs. 10000/- along with applicable interest amount from the date of disbursement till the date of cancellation will be charged|
CIBIL Score for Reliance Home Finance Home Loan
Are you aspiring to become a home owner, now you are going for a Reliance Home Finance Home Loan for your home, but you may need a good CIBIL score, most lenders consider CIBIL score as one of the most important factors in your home loan application.
CIBIL score is a metric of measurement used by many lenders to determine your repayment capabilities, most lenders consider CIBIL score 650 as the minimum requirement for a home loan, CIBIL score is a three digit number and ranges between 300 to 900
CIBIL evaluates your payment history, credit handling trends and existing banking to arrive at the final score, CIBIL score required for home loan should be 750 and above, if your score is between 650 to 750 you are still eligible for home loan, click here Reliance Home Finance Home Loan CIBIL Check the score.
Reliance Home Finance Home Loan EMI Calculator
It is great that you know how to take a home loan, How much this financial decision will cost is also important, when you want to take a Reliance Home Finance Home Loan click here Take an informed decision with Reliance Home Finance Home Loan EMI Calculator which provides key details such as total home loan amount and home loan interest rates, home loan tenure and more It helps you to know.
Reliance Home Finance Home Loan Interest Rate
It is very important to know the interest rate when you apply for Reliance Home Finance Home Loan, the home loan interest rate affects the amount of home loan you borrow and the total EMI you have to pay, so it is good to keep the interest rate in mind whenever you apply for a Reliance Home Finance Home Loan, Reliance Home Loan Interest Rate you can get attractive interest rate starting from 9.75% Check here more Home Loan Interest Rates.
|Home Loan||9.75% to 11.00 %|
|Loan for Self Construction||9.75% to 13.00 %|
|Plot + Construction Loan||9.75% to 13.00 %|
|Home Extension Loan||9.75% to 13.00 %|
|Home Improvement Loan||9.75% to 13.00 %|
|Home Loan Balance Transfer||9.75% to 13.00 %|
|Home Loan Top Up||11.00% to 13.00 %|
|Affordable Home Loan||9.75% to 13.00 %|
|Home Loan for NRI||9.75% to 13.00 %|
NOTE – Reliance Home Finance Home Loan Rate are subject to change at the discretion of the bank, the information given here is only the current Home Loan Interest Rate given by the bank, when you want to make a fixed deposit in the bank, you should visit https://www.reliancehomefinance.com the Reliance Home Finance website and confirm.