A "low interest" loan shouldn't mean you have very little interest in paying it back!
Godrej Housing Finance home loans have flexible repayment options and customised income assessments. Home loan interest rates start at 6.69% p.a. with a maximum repayment tenure of 30 years. The home loans can be used to purchase under-construction property in approved projects or resale homes.
Godrej Housing Finance DetailsHere are the important details of Godrej Housing Finance home loans:
| Interest Rate | 6.69% p.a. to 9.99% p.a. |
| Loan Amount | Based on eligibility |
| Processing Fees | Up to 3% of the loan amount |
| Prepayment/Foreclosure Charges | Contact the lender |
| Max Tenure | 30 Years |
| Rate Packages Available | Floating rate |
Godrej Housing Finance offers the following interest rates based on the type of employment and resident status:
| Type of Employment | Interest Rate Range |
| Resident Indian - Salaried | 6.69% p.a. to 8.99% p.a. |
| Resident Indian – Self Employed | 7.09% p.a. to 9.99% p.a. |
| Resident Indian – Practicing Professionals | 7.09% p.a. to 9.99% p.a. |
| Non-Resident Indian - Salaried | 6.99% p.a. to 8.99% p.a. |
Knowing how much your Equated Monthly Instalment (EMI) will be for your home loan makes it easier to budget your finances and ensure that your EMIs are paid on time every month. You can find out how much your EMI will be by using the free online EMI calculator. All you have to do is enter your desired loan amount and tenure as well as the interest rate that is applicable for you. You will get an instant result for your EMI as well as a detailed amortisation schedule with a breakup of your interest and principal amount. This is quicker and more accurate than doing a manual calculation.
Godrej Housing Finance Home Loan EMI Calculation
The example given below is based on an interest rate of 6.69% p.a.:
| Amount | 10 years | 20 years | 30 years |
| Rs.10 lakh | Rs.11,452 | Rs.7,568 | Rs.6,446 |
| Rs.20 lakh | Rs.22,903 | Rs.15,136 | Rs.12,892 |
| Rs.40 lakh | Rs.45,807 | Rs.30,272 | Rs.25,785 |
| Rs.50 lakh | Rs.57,259 | Rs.37,840 | Rs.32,231 |
These are the documents required to be eligible for a home loan from Godrej Housing Finance:
For under-construction property:
For resale property:
For resale properties in Maharashtra:
And any one of the following:
Here are the details of Godrej Housing Finance customer care:
Email address: customercare@godrejhf.com
Telephone: +91-22-68815555 (available from 9 am to 6 pm, Monday through Sunday except on national holidays)
Corporate Office Address (open from 9:30 am to 6 pm, Monday through Friday):
Godrej One, Pirojshanagar,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.
