Home Loan Refinance

Repay money borrowed from individuals to build house

Don’t make your friends or relatives wait anymore, repay their money back with an easy and hassle-free home loan refinancing facility.

About Home Loan Refinance

The refinance scheme is devised for customers to repay the money borrowed by them from individuals for the Construction of Residential Property / New Home Purchase / Resale Purchase. PMAY CLSS subsidy is not eligible for such loans.

Home Loan – New / Resale: Loans will be extended for repaying money borrowed by customers from individuals for purchase (New / Resale) residential property. Disbursement will be in favor of applicant & Co-Applicants only.

Home Construction on Self-Owned Plot: Loans will be extended for repaying money borrowed by customers from individuals for the Self-Construction of residential property. The scheme is applicable wherein construction is complete and within the latest 12 months.

Validation
  • Self-construction cases -The scheme is applicable wherein construction is complete and within the latest 12 months.
  • New Home purchase or Resale Purchase, it will be permitted within 6 months of the Date of Registration.
  • Disbursement will be mandatorily in favor of Applicant / Co-Applicants.
  • The scheme is applicable only at Approved Locations.
  • The scheme is not applicable for BT and MSME Products.
  • Completion Certificate from Government body/Certified Engineer is mandatory
Loan Amount
  • The minimum loan amount under Home Loan Refinance is capped at Rs. 3 Lakhs. The maximum loan amount for the same goes up to Rs. 12 Lakhs.
Tenure
  • The minimum tenure is 2 years and the maximum tenure offered under Home Loan Refinance is 10 years.

Our Other Loan Offerings

Home Improvement Loan
Balance Transfer
Home Loans
MSME Loans
Self Construction Loan

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