Can Fin Homes Ltd. is a housing finance company that is promoted by Canara Bank. It offers a range of affordable housing loan schemes at floating interest rates starting at 8.25% p.a. with processing fee of 0.50% + GST of the loan amount. The maximum loan repayment tenure is 30 years.
CanFin Home Loan Details
Can Fin home loans are available for both salaried and self-employed individuals.
|MCLR||Contact the lender|
|Loan Amount||70% to 90% of the project cost (excluding registration)|
|Processing Fees||0.50% to 0.75% + GST of the loan amount|
|Penal Interest Rate||Contact the lender|
|Max Tenure||30 years|
|Rate Packages Available||Fixed rate and floating rate|
Can Fin home loans have a floating rate of interest. For some loan schemes, the interest rate is fixed for the first 3 years and then converted to the floating rate prevalent at the time with the payment of specific conversion charges. Rate of interest is based on the risk rating of the borrower.
|Can Fin Individual Housing Loan (IHL)||8.25% to 9.75% p.a.|
|Can Fin Affordable Housing Loan||8.25% to 9.75% p.a.|
|Can Fin Credit Linked Subsidy Scheme||8.25% to 9.75% p.a.|
|Can Fin Commercial Housing Loan (CHL)||8.35% to 10.15% p.a.|
|Can Fin IHL Cash Salary||9.25% to 10.25% p.a.|
|Can Fin Composite Housing Loan||8.35% to 10.00% p.a.|
The following are the home loan schemes that you can avail from Can Fin Homes:
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