Akme Star Housing Finance Limited (Akme Star HFC) focuses on fulfilling the dreams of the Middle Income Group (MIG), Lower Income Group (LIG), and Economically Weaker Sections (EWS) of society to own their own homes.
|Loan Amount||Minimum: Rs.2 lakh Maximum: Rs.1 crore|
|Processing Fees||2.0% of the loan amount (excluding taxes and other charges)|
|Tenure||Minimum: 5 years Maximum: 20 years|
Interest rates start at 6.50% and go up to 9.50% p.a. Apart from the processing fee of 2.0% of the loan amount, there is also Rs.2,400 login fee (including taxes but excluding incidental charges) which is non-refundable.
Akme Star HFC provides home loan schemes for a wide range of requirements with affordable interest rates. These are:
1. New Purchase/Resale Home Loans
2. Improvement Loans
3. Extension Loans
4. Composite Loans
5. Construction Loans
6. Balance Transfer Loans
BankBazaar’s home loan calculator helps you find out how much your Equated Monthly Instalment (EMI) will be for your loan. All you have to do is enter the desired loan amount, interest rate, processing fee, and tenure. The detailed amortisation table will be displayed instantly. This will help you budget your finances and manage it better.
The eligibility criteria is based on specific qualitative and quantitative techniques which will be based on details on the application form, appraisal officers’ evaluation, and documents submitted.
Get Free Quote: Check Home Loan Eligibility
These are some of the documents required at the time of application:
Address Proof (any one):
Identity Proof (any one):
Age Proof (any one):
Income Documents: Salaried and Resident Indians:
Salaried Non-Resident Indians:
Self-Employed (Professional and Non-Professional):
Document Check List: Home Loan Document Required
For Akme Star home loans, a co-applicant is mandatory. The co-owner is the one who has to be listed as the co-applicant.
The minimum age to be considered eligible, if you have a property already or wish to own one, is 21 years. If income is not one of the factors taken into account, then the minimum age is 18 years.
Yes, you can make a pre-payment fully or partially after 12 months of loan disbursal. There are no charges for pre-payment, whether it is in full or in part.
If you meet the eligibility criteria for PMAY, then yes, you can avail a subsidy as Akme Star Housing Finance Limited is a Primary Lending Institution (PLI) under the PMAY.
Yes, you can avail an additional loan through your existing Akme home loan account. This depends on the value of your property and your repayment capacity.
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