Godrej Housing Finance Home Loan

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 Details

Here 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 Interest Rates

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.

Godrej Housing Finance EMI Calculator

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

Documents Required for Godrej Housing Finance

These are the documents required to be eligible for a home loan from Godrej Housing Finance:

Proof of income:

  1. Salary Certificate authorized on company letterhead the company's signatory/ Latest salary slip
  2. Proof of employment of the last 2 years (either one of the following or others):
    1. Employer letter
    2. Joining date on salary slip
    3. Appointment letter
    4. Form 16
  3. Statement of salary account of the last 6 months
  4. Bank statements reflecting credits of bonus of the last 2 years and variable incentive of the last 6 months as well as salary slip reflecting the variable incentive or bonus

Proof of address and identity:

  1. Any one of the following documents:
    1. Valid driving licence
    2. Valid Voter's ID
    3. Valid passport
    4. Aadhaar card
  2. PAN Card or Form 60 is mandatory

Property Documents

For under-construction property:

  1. Stamped agreement for sale or allotment letter
  2. Bank account statements reflecting payments to the builder or payment receipts of the same

For resale property:

  1. Occupancy Certificate (for properties that are completed) or a copy of the approved plan/blueprint
  2. Prior Chain Link title documents
  3. Bank account statements reflecting payments to the builder or payment receipts of the same

For resale properties in Maharashtra:

  1. Share Certificate
  2. Maintenance bill
  3. Property tax receipt

And any one of the following:

  1. Draft Agreement for Sale
  2. Stamped Agreement for Sale
  3. Current Registered document
  4. Allotment Letter

Godrej Housing Finance Customer Care Details

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,

Eastern Express Highway, Vikhroli (E),

Mumbai, Maharashtra-400079

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