Home Loans from IKF Home Finance Limited can be availed by both salaried and self-employed individuals. The borrowed amount can go up to Rs.1 crore which can be repaid in a period of 20 years.
|Loan Amount||Between Rs.5 lakh and Rs.1 crore|
|Tenure||Up to 20 years|
|Interest rate||11.75% - 14.75% p.a.|
There are a variety of home loan schemes that an individual can opt for from IKF Home Finance Limited. Let us look at them:
1. Home Purchase Loan
2. Home Construction Loan
3. Home Loan – Refinance
4. Home Loan – Balance Transfer
5. Composite Home Loan
6. Home Extension Loan
7. Home Renovation Loan
8. Home Improvement Loan – Refinance
9. Home Improvement Loan – Balance Transfer
If you are confused about the amount which needs to be paid as EMI upon availing a certain amount as a loan, you can use the BankBazaar IKF Home Finance Limited Home Loan Calculator to know about it. All you need to do is enter the loan amount, repayment tenure, interest rate, and the processing fee. Once the details are provided, you will get the EMI for the loan. Apart from the EMI amount, you will also be provided a detailed amortisation table with a monthly and yearly break-up of how much you be required to be paid towards the principal amount and interest amount.
|Type of Employment||Salaried employees or self-employed individuals|
|Age||21 years – 65 years|
Get Free Quote: Check Home Loan Eligibility
List of documents to be submitted for availing a loan from IKF Home Finance Limited:
Document Check List: Home Loan Document Required
1. What is maximum loan amount I can avail from IKF Home Finance Limited?
You can avail a loan of up to Rs.1 crore.
2. Can I repay through post-dated cheques or electronic clearance system?
Yes, you can repay the borrowed amount through post-dated cheques or electronic clearance system.
3. For a composite loan, what is the repayment tenure?
The repayment tenure for a composite loan is in the range of 3 years to 20 years.
4. If I avail a home extension loan, what will be the payable interest?
The interest rate will range between 13.75% to 15.75% p.a.
5. What will be percentage of loan to value when it comes to home improvement loan – balance transfer?
It will be up to 70% when it comes to home improvement loan – balance transfer.
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