A "low interest" loan shouldn't mean you have very little interest in paying it back!
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    Au Financiers Home Loan

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    12.50% - 19% Floating
    2% One time fee
    2L - 1Cr
    1-20 Years
    Response Time Within 30 minutes
    What you'll love
    Think about
    Fees & Charges
    Good To Know
    Eligibility Criteria

    Au Financiers Home Loan


    Purchasing a property can be one of the most happiest, exhilarating experiences. A home is not only a place where memories are made but it is also a solid piece of investment. The value of a property only keeps increasing with time and no other asset has a better resale value than a house. Rising real estate costs and inflation makes us think twice before purchasing a property. Also, it is not a wise decision to burn all your savings to buy a property. It is always advisable that you opt for a home loan and repay it comfortably over a period of time.


    You’re probably eligible for an AU Financiers Home Loan if you are

    AU Financiers Home Loan Minimum Age

    At least 18 years old

     AU Financiers Home Loan Maximum Age

    Less than 65 years old

    AU Financiers Home Loan Eligible Employment Type

    Salaried / Self-employed
    with regular income

    AU Financiers Home Loan Minimum Income

    Earn more than the minimum
    income required


    Your AU Financiers Home Loan amount eligibility is based on these factors

    AU Financiers Home Loan Minimum Salary

    EMI limited to about 50%
    of monthly income

    AU Financiers Home Loan Maximum Loan to property value

    Loan capped @ 75% of property value

    AU Financiers Home Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible AU Financiers Home Loan amount by these steps

    AU Financiers Home Loan Add Spouse as Co-applicant

    Make your spouse a co-applicant,
    and her income will add
    to your eligibility

    AU Financiers Home Loan Maximum Tenure

    Choose longer tenure loan up to 20 years

    AU Financiers Home Loan Add parents as Co-applicant

    Alternatively add your parents


    Documentation needed to apply for an AU Financiers Home Loan

    • 1. Signed application form with photograph
    • 2. ID and residence proof
    • 3. Processing fee cheque
    • 4. Last 6 months bank statements
    • 5. Documentation for salaried applicants:
      • Last 3 months salary-slips
      • Form 16 along with recent salary certificate
    • 6. Documentation for self-employed applicants:
      • Last 2 years Income Tax Returns
      • Last 2 years computation of income


    AU Financiers Home Loan Interest RatesUpdated on 22 Oct 2016

    AU Financiers Home Loan Details
    Interest Rate 12.50% to 19.00%
    Processing Fees Processing Fees of 2% of Loan Amount
    Loan Tenure 1 year to 20 years
    Partial pre-payment Charges Nil
    Pre-closure Charges Nil
    Guarantor Requirement No Guarantor Required

    AU Financiers Home Loans come with an array of customer-centric benefits like flexible tenures, attractive interest rates and hassle-free loan application process. Focussed at providing affordable loan options to people from middle and low income segments in rural and semi-urban areas, AU Financiers also offers loans for home renovation and improvement.

    Types of AU Financiers Home Loan

    AU Financiers offers three types of loan options to meet the requirements of all customers.

    • AU Financiers Home Loan:

      This loan is for purchasing a row house, bungalow or flat from approved developers. This loan can also be utilized to purchase a freehold property and properties in an existing or proposed apartment owner’s association or cooperative housing society.

    • Home Improvement Loans:

      With AU Financiers Home Improvement Loans, you can make external and internal repairs, structural improvements and more to improve your quality of living. The loan amount can be utilized for terrace waterproofing, borewell, construction of water tanks, paving of compound wall, roofing, electrical & plumbing tasks, external and internal painting and for grills and aluminium windows.

    • Home Renovation Loan:

      You can renovate your house according to your taste with Au Home Renovation Loans.

    • Rural Housing Loans:

      AU Financiers offers rural housing loans for purchase of a new home, home extension, renovation & improvement of home and construction of a house on a plot in rural areas.

    • Rural Housing for Agriculturists:

      Specially crafted to meet the home loan requirements of agriculturists in rural areas, AU Financiers rural home loans for agriculturists will enable constructions of houses in residential area of their village. Also, loans are offered for buying a house or a flat in a city of their choice. This loan is offered for dairy farmers, horticulturists, planters and farmers.

    • Rural Housing Loans for Self-Employed and Salaried:

      AU Financiers also offers home loans in rural areas for self-employed professional & businessmen and also for salaried people.

    Features and Benefits of AU Financiers Home Loan

    The following benefits and features offered by AU Financiers Home Loans makes it a product in demand at the financial market.

    • High Loan Quantum

      AU Financiers offers up to 75% of the cost of the property, including the land cost. The maximum loan amount is decided by the repayment capacity of the customer. For home loans and home renovation loans, 75% of the estimated cost is offered as loan subject to market value of the property and subject to valuation of property by AU Financiers

    • Repayment Term

      AU Financiers home loans comes with a maximum repayment term of up to 15 years. However, this is subject to the retirement age of the applicant.

    • Flexible Repayment Options

      Borrowers can repay the loan as affordable Equated Monthly Instalments (EMI) which is calculated based on the loan amount, tenure and interest rate. Customers can make the EMI payment through Electronic Clearing System (ECS) or Post Dated Cheques (PDCs).

    • Security

      For AU Financiers home loans, the first mortgage of property that is finance by deposit of title deeds or such documents is taken as security. Other collateral security is taken if necessary.

    • Hassle-Free Loan Experience

      With features like easy documentation, friendly customer service experience, transparent processing and wide network of branches, you can be guaranteed of a customer-centric loan experience.

    Eligibility for AU Financiers Home Loans

    • AU Financiers Home Loans are offered for salaried customers. self-employed businessman and self-employed professionals.
    • The applicant must be an Indian resident.
    • The applicant must also have a stable source of income and the financial capacity to repay the loan.
    • Home Loans can be availed individually or jointly. Co-applicants need not be co-owners of the home. But, the proposed owners of the property will have to be co-applicants.
    • For income criteria and other conditions, enquire with AU Financiers.

    AU Financiers Home Loan Interest rate:

    AU Financiers offers a floating interest rate that varies between 12.50% to 19% on its home loans. While for a loan of Rs.10,00,000, a rate of interest of 12.50% will be charged, for a home loan of Rs.70,00,000, a rate of interest that ranges between 12.50% to 19% will be charged. This rate of interest is applicable to all kinds of housing loans offered by the company.

    Documentation for AU Financiers Home Loans

    The documents required vary depending on the applicants’ nature of employment and income source. Here are some of the documents required for AU Financiers home loans along with duly filled application form & photographs.

    Salaried Customers
    • Latest salary slips
    • Form 16
    • Bank statement for last 6 months
    • ID proof
    • Residence Proof
    Self-Employed Professionals:
    • Proof of business existence and educational qualifications
    • Residence proof and ID proof
    • Last 6 months bank statements
    • Last 3 years Profit and Loss sheet and Balance Sheet
    • Income Tax returns for self and business
    Self-Employed Businessman:
    • Business profile
    • Last 6 months bank statements for self and business accounts
    • Business Profile and related documents
    • Proof of business existence
    • Certificates for educational qualifications
    • Income Tax Return (ITR) statements for self and business maintained by the applicant for income calculation.
    Miscellaneous Documents:
    • In addition to all the above mentioned documents, all class of applicants must also submit a detailed cost estimate from engineer or architect for property to be renovated in case of home improvement loans and home renovation loans.
    • Other related documents might be asked for depending on the home loan type. Do enquire with AU Financiers about a comprehensive list of documents required before proceeding with the paperwork.
    Why Apply for AU Financiers Home Loan through BankBazaar?

    You get a lot of attractive benefits when you apply for AU Financiers Home Loans through BankBazaar.

    • Get Instant Home Loan Quotes:

      Applying for AU Financiers home loan on BankBazaar is quick and hassle-free. With the constant guidance of our customer support team, all your queries will be answered promptly.

      With instant rate quotes and quick approvals, you can take your loan process a step further from the comfort of your home.

    • Compare Home Loan Offers:

      With a plethora of home loan options available in the financial market, how do you find the loan plan that best suits your requirement? With BankBazaar’s home loan comparison wizardry, all you have to do is answer a few questions to get the best loan options lined in front of you.

    • Get all Information there is!

      If you have queries regarding the fees and charges for home loan, prepayment penalty, tenure and documents required, we’ve got all the information that you are looking for.

    • Save Your Precious Money and Time:

      You will definitely have to spend a lot of your valuable personal time if you decide to go from bank to bank collecting information and brochures. But, with BankBazaar as your companion, you can find out the eligibility criteria, interest rates and other details and also breeze through the other home loan features at your own comfort!

    Schedule of Fees and Charges for AU Financiers Home Loan:

    Technical Fee for property outside geographic limit or for additional property or pre-technical Rs.1100 or Rs.1500 (location specific)
    Late Payment Charges 3% per month compounded for number of days delayed for EMI payment
    Duplicate No-due certificate Rs.500 plus service tax
    Personal Visit to customer’s location for collection of dues Rs.250 per visit + service tax
    Statement of loan prepayment/full closure Rs.500 + service tax
    Foreclosure Charges for AU Financiers home loans
    • Foreclosure or part-prepayment of home loans on variable/floating/fixed interest rates - no penalty if the loan is being prepaid through any or own source.
    • If the payment is made by sourcing funds from another bank/NBFC/HFC or other financial institution, 3% service tax if the payment is done in last 12 months in case the loan is closed after an year of first disbursement.
    • If the payment is made by sourcing funds from another bank/NBFC/HFC or other financial institution, 5% + service tax on all principal outstanding and all part prepayment will be levied for loans closed within 12 months after first disbursement.
    Cheque bounce/ECS bounce Rs.500 plus service tax per instrument/transaction
    Loan cancellation if the customer managed to get own funds or in case the deal is cancelled For requests received within 7 days after disbursement - Rs.1000 + service tax (cancellation charges). If request is received after 7 days of disbursement, Rs.1000 + service tax and PEMI till cancellation.
    Copy of property papers Rs.500 + service tax
    Stamp Duty (as upfront charges) As stated by law of the state
    Search report/ Non Encumbrance Certificate As per actuals
    Duplicate provisional certificate and annual account statement Rs.500 + service tax

    How to Apply for AU Financiers Home Loans through BankBazaar?

    BankBazaar is your one-stop shop for all financial products including loans. Follow the steps given below to easily apply for AU Financiers Home Loans on BankBazaar.com.

    • On BankBazaar.com home page, select “Loans” and then, “Home Loans” from the drop down menu.
    • In the page that displays options for getting a quote or searching more information about home loans, select “Get a Quote”.
    • Select “AU Financiers” from all the banks that provide home loans as listed in the page.
    • You will have to answer a simple questionnaire and provide information like your total work experience, city in which property is based, city of residence, purpose of availing a home loan, employment type, date of birth, income, cost of property etc.
    • Get a quick quote and use the checkout option to apply for a home loan. You will have to provide information like your name, contact details and employment details.
    • After you have submitted the AU Financiers home loan application, you will receive a confirmation email from BankBazaar. The application will be transferred to AU Financiers Limited for further processing and the customer support team will get in touch with you to help you proceed with the home loan application.


    1. How is my home loan repayment capacity determined?

      AU Financiers bases the maximum loan amount on applicant’s repayment capacity that is calculated based on a several factors including age, income, co-applicants’ age, savings history, assets & liabilities.

    2. How do I use the Home Loan EMI Calculator?

      To find out the monthly EMI for your loan amount, all you have to do is use an online home loan EMI calculator. You have to key-in details like the loan quantum, tenure, interest rate and processing charges. The calculator will tell you the monthly EMI amount and also the repayment history which will help you decide if the loan is affordable.

    3. Do I have to submit any property documents?

      The applicant might be asked to submit certain property documents like the buyer’s agreement, allotment letter and receipts of payment made to the developer.

    4. Will I incur any processing charges?

      Yes, borrower’s will incur a processing charge of 2% of the sanctioned value plus service tax which will be collected before disbursement or deducted from first loan disbursement.

    5. How does the normal approval process for AU Financiers home loan happen?

      Borrowers will be asked to fill in the application form, collate & submit all necessary documents and submit a cheque for processing fees. After this is done, the assessment, home loan sanction, security assessment and home loan disbursement will happen.

    Au Financiers Home Loan Reviews

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