A "low interest" loan shouldn't mean you have very little interest in paying it back!
Art Housing Finance home loans cater to those with incomes starting at Rs.5,000 per month.
| Loan Amount | Minimum: Rs.3 lakh Maximum: Rs.50 lakh |
| Penal Interest Rate | 2% p.m. on dues outstanding |
| Max Tenure | Up to 30 years |
Compare: home loan Interest Rate for all Banks
The Prime Lending Rate (PLR) is 19.25% and effective interest rates depend on the type of home loan scheme and customer profile.
Art Housing Finance provides home loan schemes for a wide range of purposes. You can avail up to 90% of the value of the property as a loan. There are also no prepayment charges and there are flexible repayment options.
These loan schemes are as follows:
1.Home Purchase:
2. Home Improvement:
3. Home Extension:
4. Home Construction:
5. Balance Transfer Loan:
6. Home Refinance:
7. Balance Transfer + Top Up:
BankBazaar’s home loan calculatorwill show you how much Equated Monthly Instalment (EMI) you will have to pay according to your loan amount, tenure, interest rate, and processing fees. Just enter the figures in the relevant fields and the amortisation table with details of your EMI will be instantly generated. This will help you better plan and manage your finances.
| Type of Employment | Self-employed and salaried |
| Income | Both informal and formal income segments |
| Age | At start of the loan: Minimum 23 years At loan maturity: 65 years |
| Nationality | Indian Resident |
Get Free Quote: Check Home Loan Eligibility
These are the documents required at the time of application:
General Documents:
Self-employed individuals:
Salaried individuals:
Document Check List: Home Loan Document Required
Yes, the security for the loan is the first mortgage of the property that is being financed. This is done by depositing the title deeds or other collateral security with Art Housing Finance.
You can apply for a loan by applying online on the website, by visiting the nearest branch, or by sending an email to sales@arthfc.com
Under the Pradhan Mantri Awas Yojana (PMAY), such earners will pay less for home loan tenures of 15 years with the Credit-Linked Subsidy Scheme.
Yes, you can make either partial or full pre-payments on your loan. There are prepayment charges as governed by the National Housing Bank guidelines.
You can increase the chances of being eligible for the loan by including other income sources (agricultural, rental, etc.) or by adding a co-applicant (whose income can also be considered for the loan).
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.
