Vastu Housing Finance home loans can be used for a wide variety of home requirements, from buying a ready property to constructing a new one. You can also avail a pre-approved loan even before finalising the property you want to purchase.
|Interest Rate for Self-employed||13.5% p.a. - 17.5% p.a.|
|Interest Rate for Salaried Individuals||12.5% p.a. - 16.5% p.a.|
|Loan Amount||Maximum: Rs.50 lakh|
|Processing Fees||Up to 2% of the quantum of loan + taxes and levies
Rs.3,000 + taxes at the time of application for appraisal purposes
|Max. Tenure||20 Years|
Vastu Housing Finance offers a variety of home loan schemes that cater to different requirements. These schemes are as follows:
Understanding how much EMI you would have to pay will help you budget and manage your finances better. BankBazaar’s home loan calculator helps you do this easily. All you have to do is enter the details of your required loan amount, the prevailing interest rate, the tenure that is feasible for you, and processing fees into the required fields. The EMI you will have to pay as well as a detailed amortisation table will be displayed instantly.
|Type of Employment||Salaried or self-employed individuals|
The documents required to be submitted include the following (some additional documents may be required at the lender’s discretion):
Both types of interest rates are available depending on the type of collateral and eligibility of the customer.
Yes, you are allowed to make pre-payments on the loan.
The processing fee is not refundable as it is collected to appraise the application of the loan.
There are various parameters that determine loan eligibility such as the borrower’s age, work history, type of income, etc.
A collateral or security interest on the financed property may be taken depending on the terms and conditions in the sanction letter.
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